Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CRAIG] CraigsCoin | Decentralized classified ads | 5+ POD ~ Bittrex ICO
by
JTB800
on 16/09/2014, 12:34:31 UTC


Oh, c'mon. One doesn't need a law degree to see how this is going to tick off Craigslist! You are obviously trying to rip them off as this coin is for classified ads, for god's sake. What is wrong with you?

Even if, as you say, nothing can be done to stop the blockchain once launched, it will be irrelevant for investors in the short to medium term at least. Craigslist can sue you for every last BTC raised and more. And even if you ultimately "win" and are allowed to profit off classified ads, using their exact name (highly doubtful), the bad publicity for the coin will have investors bailed out long before. And that's not even discussing the press reaction once it gets a hold of the fact that this is another drug coin.

Do you seriously think that one can just call a coin say, "Amazon" coin and sell books on the blockchain? "Budweiser" coin and for a beer coin?

Seriously, what are you people thinking? The idea is decent (although ads lasting forever seems stupid), if not fully fleshed out. But to name it CraigsCoin and then sound indignant that people might think that a very strange choice, clearly means that not a lot of thought has gone into this venture.

I like IPO/ICOs and am a regular investor, but no thanks on this one.


Explain me then how come wal-mart never sued shopmart drugmart and whole bunch of other -marts (google for more examples)?
They obviously have exactly same similarities as CraigsCoin have with CraigsList. That renders all your arguments irrelevant.

And sorry, but yes, you need law degree if you want other people to take your law threats serious.

On the other note - I wonder how hard it it for you to google through actual laws? Why do you stand up and state thigs that is clearly false like you just did instead of doing actual research?! I'm Russian - I'm supposed to be bad at US laws, but what is your excuse?

Regardless - your idea with selling books in blockchain is brilliant. That would be a blast!

Ummm....well, your English needs a bit of work. The reason for all of those "marts" and why they are all allowed is the "mart" is just a way of saying market. One can't trademark "mart". If you wanted to call your coin "mart" coin or "socks" coin or "television" coin, you are free as a bird to do so. But, if you call your coin "Sony" coin to sell televisions on the blockchain, then you are in trouble.

How is this so difficult to understand?

Your insouciance on this issue may appear to you as coming across as a smart and witty guy. But, it is making you sound ignorant, and worse it is giving potential investor's some insight into the level of care you have for this coin.

And just to give you another free tip on the law, one can call a coin "Craigs" coin and if it has absolutely nothing to do with classified ads, then you are free and clear. Again, why are these concepts so hard for you to grasp?