“Now that cryptocurrencies have invaded the land of internet memes, international pop stars, and right-wing politicians, they’ve evolved into a new hip form of viral branding, which brings its own problems. What the Coinye episode evokes in particular is the potential issue of ‘coin-squatting.’ So why, when an über-successful entertainer’s legal staff are hounding you to stop, would you go right ahead and pull the trigger? Simple: because the people demanded Coinyes despite Kanye West being a poor sport about it. Also, it will be much more difficult (or even impossible) to cease and desist the hundreds—potentially thousands—of people who already own Coinyes.”
http://motherboard.vice.com/blog/sorry-kanye-coinye-is-here-to-stay
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Homeless Men Wish They’d Gone Hungry Instead of Spending Bitcoins
Forty Years of Drug War Failure Represented in a Single Chart
Stephen Badylak on "Regenerative Medicine: Possibilities and Potential" at Singularity Summit 2011
Private paramilitaries guard Wisconsin mining site from protesters
New Jersey, already facing income tax flight, raises income tax again
California man posing as cop charged with sexual assault
Oklahoma Official Used Asset Forfeiture to Pay Back His Student Loans
US Photo Enforcement Market Becoming Less Profitable
Rand Paul Will Introduce Fourth Amendment Restoration Act Of 2013
Universities to MOOCs: We Will Assimilate You
'I Hurt People, Then I Make Their F*** Cocaine Appear'
Prepaid Card Can Be Funded by Bitcoins
MSU Police Accidentally Send Out Campus Shooting Message
Have You Heard the One About the Fiat Money Printing Central Banker?
New N.C. GOP congressman endorses going to war with Mexico