3 ms·

Lawyers really don't understand technology... they just added fuel to the fire.

• rayiner 13y ago
  How is "technology" implicated in a relevant way here? Kanye is entitled to control how his name and mark are used, and it's utterly irrelevant whether the folks misusing the mark are creating a cryptocurrency or a specialty doughnut shop. You can't just wave your hands and shout "technology!" and pretend all the existing rules don't apply to you as a result. What's shocking to me is how immature the creator of Coinye is being. What possible technological purpose does it serve to make the Kanye reference to name a cryptocurrency? It smacks of a childish attempt to create publicity. If I were Kanye I'd be pissed if someone tried to use my image and my fame to peddle his ideology-based product.
  • rblatz 13y ago
    I think the point is that the technology is designed to not have a central person or organization to sue or shutdown. So serving a cease and desist letter isn't just pointless, it is counterproductive.
    • wmf 13y ago
      Someone is writing the software and Web site; it didn't spontaneously evolve.
    • rayiner 13y ago
      Uh, if there is nobody to sue, then who is doing the "launch?"
  • TylerE 13y ago
    Have you been paying attention? (Dogecoin, etc)
  • TheZenPsycho 13y ago
    Crypto-currencies are the new Pyramid scheme, fueled by speculation and attention. By "taking the bait" as someone else in this thread put it, all they've done is hand the creators of Coinye a huge bucket of money.
  • deleted 13y ago
    [deleted]