Founder of Uphold (former Bitreserve) is a trademark troll. In 2014 he secured bit-related trademarks and uses his patents to seize domains and destroy or hinder other bitcoin related businesses.
Due to the recent post regarding uphold threatening to sue Andreas Antonopoulos! I think it's time for me to reveal what happened to me in 2015. I am the owner of the domain bitreserve.com, registered in February 2011. I was an early adopter of bitcoin and bought the domain with the intention of setting up a wallet service for transferring BTC similarly to what e-gold did back in its days. Due to illness, I did not release the wallet as of now. A couple of years after I bought the domain, the now bankrupt ex-billionaire Halsey Minor discovered bitcoin, and unfortunately for me, decided that he liked the name “BITRESERVE”. He bought .org, .net. At first, this was not an issue. In 2013 we had an e-mail correspondence talking about our businesses, and Halsey asked if I was willing to sell the domain to him. I had at the time began the work on bitreserve and did not want to select another domain, so I refused repeatedly. Eventually I gave in and told him a big sum of money to make him stop bothering me for the domain. After a short reply indicating that he was offended, there was silence. Skip ahead until May 2015 when out of the blue I received this threatening letter from his lawyer, demanding that I give him the domain free of charge, because according to him, I was, in “bad faith”, profiting off his trademark (since I wasn't using the domain at the time I had it redirect to a non-profit open source project (getmonero.org)). Furthermore, he let me know in very clear terms that he would use the law against me if I ever tried to launch my bitreserve service on bitreserve.com. After some research I discovered that Halsey had grabbed a bunch of trademarks in 2014 and was now using them in an attempt to steal from others.
The BITRESERVE logo
Notice how they have secured a trademark on “bitgold” ? That term goes way back into the 90s cryptographer Nick Szabo. In an e-mail from January 2015, Bitreserve said that it will sue bitgold.com (another Canadian based bitcoin exchange) into oblivion once they launch their service. The fact that they have even trademarked bitelectrum tells a lot about their ill intentions. Bitshares has since long established with bitusd etc, a topic discussing the possibility of Uphold to steal it can be found here. It turns out the founder Halsey Minor has a history of being extremely litigious, in addition he bailed on his debt and declared bankruptcy in 2013, after apparently losing his fortune on bad investments, art, hotels/real-estate and unfinished projects (and losing lawsuits?). The new CEO of Uphold (Anthony Watson) is no better when it comes to legal threats and threaten to sue me if I use the domain for anything. Halsey Minor does not believe in bitcoin at all, to quote him "Bitcoin will not exists in 5 years". And the fact that the current CEO calls Andreas a "random he has never heard of" speaks volumes. I urge you all to not support a company run by these individuals. In fact I wouldn't trust them to keep your money safe *.
"There is a certain amount of elitism [in the Bitcoin community] that I'm not sure people are even aware of, that people around the world can afford to have money in a currency that goes down in value [quickly]." --Halsey Minor
Bitcoin News Weekly did an awesome interview podcast with Bitreserve Founder/CEO Halsey Minor. They're doing a lot to help solve Bitcoins volatility issue for businesses/consumers, as well as promoting transparency.
Check out the interview in full here: https://itunes.apple.com/us/podcast/bitcoin-news-weekly/id872971755?mt=2 Bitcoin News Weekly did an awesome interview podcast with Bitreserve FoundeCEO Halsey Minor. They're doing a lot to help solve Bitcoins volatility issue for businesses/consumers right from the start. It seems that Bitreserve is trying to extract the best parts of Bitcoins ethos (Transparency, freedom of exchange) and are building the core of their service around that. Seeing companies like that who are forward thinking enough to remain 100% accountable and transparent so you can view all their obligations to customers from a monetary sense is the perfect step for a company looking to grow in the Bitcoin community. Curious what others thoughts were
Bitcoin News Bitreserve Crosses $210 Million Transactions. The cloud based bitcoin financial service platform founded by Halsey Minor of Salesforce and CNet fame, Bitreserve has hit a new milestone. „Ich glaube, der Begriff „Bitcoin“ wird in fünf Jahren nicht mehr existieren. Und das ist in Ordnung „, sagte Halsey Minor, CEO von Bitreserve, in einem Blog-Post am Montag, der wegen Anfeindungen wieder gelöscht wurde. Die Aussage führte zu Aufregungen in den Bitcointalk und Reddit – Foren. Halsey Minor: Bitcoin is the enabler. Trace Mayer: The invisible glue between all of these different systems. Halsey Minor: You know, can't live with it, can't live without it. You know, it’s like bitcoin is this amazing innovation which has done what I never thought was possible. Which is, create a crack that might be levered open to create competition with the banks. Because go get a ... Tech entrepreneur Halsey Minor formally launched Bitreserve, a new Bitcoin platform designed to make Bitcoin and fiat currency exchanges fast and transparent. Halsey Minor has long experience betting on, and profiting from, the next big thing. In the 1990s he started CNET, took it public, then sold it to CBS for $1.8bn.
CNET founder Halsey Minor has raised $25 million for a new cryptocurrency based effort to take
WBFLondon 2018 Halsey Minor - Founder and CEO, Live Planet Strategic Technology Partner and Investor in the VideoCoin Network @HalseyMinor In this talk at World Blockchain Forum, internet pioneer ... CNET founder Halsey Minor has raised $25 million for a new cryptocurrency-based effort to take on Amazon in cloud video services (AMZN, MSFT, GOOGL, IBM, BCOV). Halsey Minor, CEO of Live Planet ... Halsey Minor drops in for an interview, giving us all the latest updates and news about Videocoin, including the testnet release, token distribution and tokenomics FOLLOW CRYPTO FINDER ️ Twitter ... Bitsonline interviews Halsey Minor, the 90s Silicon Valley legend who founded CNET, Salesforce.com and Google Voice. Having entered the crypto space in 2014 with Uphold (formerly Bitreserve ... Halsey Minor is a strategic partner at VideoCoin, a blockchain based video content platform used for storage and encoding purposes. Being also best known for starting CNET in 1992, Halsey sat down ...