CALL US: 206.533.3854
CALL US  206.533.3854
By Bitboy - This file was derived from: Bitcoin logo.svg, Public Domain, https://commons.wikimedia.org/w/index.php?curid=30202095

Who owns the bitcoin whitepaper?

Bitcoin copyright:
Rivals claims ownership rights
In the whitepaper

Bitcoin: A Peer-to-Peer Electronic Cash System  is a whitepaper published in 2009 by an author using the name “Satoshi Nakamoto.”

The paper proposes a peer-to-peer form of electronic money that wouldn’t require a trusted intermediary such as a bank.

It’s a relatively simple and straightforward work (leaving aside the equations) and it’s only nine pages long.

All of the blockchain economy is built on the foundation of that whitepaper, but no one really knows who “Satoshi Nakamoto” is or was.

In April,  Craig Wrightan Australian entrepreneur who claims to be Nakamoto, filed two  copyright registrations  for the white paper itself and for the source code that enables Bitcoin.

The source code was originally released under the open source MIT License, which allows anyone to “use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of” the software.

Thus, whoever “owns” the code has already released it into the wild, so to speak.

In May,  Wei Liureportedly a Chinese citizen and cryptocurrency entrepreneur, filed his own copyright registration claiming ownership of the white paper.

But Liu later said that he filed the registration just to let people know anyone can register a copyright.” He also said, “Everyone can be Satoshi Nakamoto.”

It’s true that anyone can register a copyright, so that doing so doesn’t confer incontestable ownership rights. Copyright registration is only a claim to ownership – not a certificate of title. The Copyright Office doesn’t investigate the truth of any copyright claims at the time of registration.

However, making a false claim in an application for copyright registration is a criminal act, subject to a fine of $2,500.

Copyright registration provides prima facie evidence of copyright ownership. This means that the copyright is presumed valid unless challenged by a defendant. The defendant then has the burden of proving that the copyright isn’t actually valid.

The bitcoin whitepaper registration could lead to some interesting litigation if one or more of the claimants to the white paper copyright attempt to enforce their “rights” against third parties who re-publish the white paper or derivative works based on it.

Related Articles

Federal Circuit Reverses Novartis Patent Decision

The Federal Circuit has issued a precedential decision reversing a lower court’s decision that certain claims of Novartis’s patent for the heart drug Entresto were ...
Read More

Second Circuit Upholds Ed Sheeran’s Win in Copyright Case

The Second Circuit has upheld a lower court’s decision that musician Ed Sheeren didn’t infringe the copyright for Marvin Gaye’s 1973 song “Let’s Get It ...
Read More

Federal Circuit Affirms Patent Non-Infringement Based on Deleted Term

The Federal Circuit has affirmed a judgement of non-infringement of a patent based on a term that appeared in a provisional patent application but was ...
Read More

Let's work together.

Contact us to set up a meeting with an attorney or team member.

Stay Informed

Sign up to receive Patent Poetry—a monthly roundup of key IP issues in our signature haiku format. Four articles (only 68 syllables); zero hassle.

SECTORS

HIGH
TECHNOLOGY

Artificial Intelligence

Blockchain & Cryptocurrency

Computer Technology & Software

Consumer Electronics

Electrical Devices

MECHANICAL
& PRODUCTS​

Cleantech

Mechanical Devices

Consumer & Retail Products

Hardware & Tools

Toys & Games

LIFE SCIENCES
& CHEMISTRY​

Biotechnology

Chemical Compounds

Digital Health

Healthcare Products

Pharmaceuticals

BRANDING
& CREATIVE​

Books & Publications

Brand Creation

Luxury Products

Photography & Video

Product Design

call us  206.533.3854