Andreas Antonopoulos is offering a 1 bitcoin reward to anyone who can find the earliest use of the phrase "The Internet of Money" after the CEO of Uphold, Anthony Watson, threatened to sue Antonopoulos for his use of the phrase. Since 2013, many experts and startups have used the phrase to describe digital currencies like Bitcoin. However, the Development Bank of Japan used the phrase as early as November 2010 in a report. Watson continues to claim ownership of the phrase as his company's slogan. Antonopoulos says he will continue using the phrase and is willing to fight any trademark claim, stating that trademarks must be defended or they become invalid.

1. teamsteverhyner.com http://www.teamsteverhyner.com/andreas-antonopoulos-asks-for-help-and-offers-a-bitcoin-reward/
Steven L.
Rhyner
Andreas Antonopoulos Asks For Help And Offers a Bitcoin
Reward
Recently, Uphold (formerly known as BitReserve) CEO Anthony Watson has revealed his intentions to sue
prominent security expert and highly respected author of “Mastering Bitcoin,”Andreas Antonopoulos, for his use of
the phrase “The Internet of Money.”
Antonopoulos asks the community for help
Antonopoulos has offered a minimum 1 bitcoin reward to anyone in the community that can find the earliest use and
application of this phrase.
Andreas Antonopoulos writes in his blog:
“The best and earliest example of the use of this phrase will be awarded a 1 bitcoin reward. If more
than one example are worthy of reward, or more funds are raised, the operators of this site may (at
their discretion) give additional rewards to the earliest or several examples. The minimum reward
donated will be 1BTC.”
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2. Chicken and egg debate
Since early 2013, many experts and
startups including Antonopoulos
have used and applied the phrase
“The Internet of Money” as a general description of digital currencies such as Bitcoin. Some financial institutions like
the Development Bank of Japan began to use the phrase as early as in November, 2010. In fact, Yoshitaka Fukui,
former senior vice president of the Development Bank of Japan published a full report on the topic “The Internet of
Money” on November 29, 2010.
Yet, Watson has continued to justify his possession of the phrase “The Internet of Money,” and explained that his
former company BitReserve have been using the phrase as their company slogan. He further emphasized that he is
not willing to engage in a legal dispute against a “random I’ve never heard before today,” referring to Andreas
Antonopoulos.
The fight
over “The
Internet
of
Money”
will continue
The disrespect Watson displayed against a highly respected member of the Bitcoin community like Antonopoulos
agitated many individuals on Twitter and on Reddit. As a response, Antonopoulos explained that he is willing to fight
for the “trademark” of the phrase and will continue to use it to describe Bitcoin and other digital currencies.
Andreas Antonopoulos says on Twitter:
“Trademarks must also be defended or they become invalid. I will continue to use. Sue me and lose it;
don’t sue me and lose it.”
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3. Re-posted from www.cointelegraph.com March 28, 2016 by Joseph Young
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