I thought this was one of the @thebitcoinbugle news... 😂😂😂😂😂😂😂😂😂😂😂😂😂
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Looks like an opportunity for a new story.
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  1. Legal Position of the Federal Reserve: The Federal Reserve is within its rights to protect its trademarks. Trademarks are essential to preventing market confusion and preserving the goodwill of an entity's services. If Bitcoin Magazine's merchandise could be mistakenly affiliated with the Fed due to the use of the FEDNOW mark, this could present a legitimate case for trademark infringement. However, this is highly dependent on the actual design and context in which the FEDNOW mark is used—whether it is clearly parodic and thus could be protected under the First Amendment or whether it blurs the lines sufficiently to cause confusion.
  2. Bitcoin Magazine's Defense: The stance taken by Bitcoin Magazine is bold and rooted in the principles of free speech, particularly highlighting the use of parody and social commentary, which are often protected under U.S. law. The First Amendment defense is compelling, especially if the publication can convincingly argue that its use of the FedNow imagery constitutes fair use for parody. Furthermore, the all-seeing eye and other parodic elements could strengthen their case, signaling to a reasonable observer that the merchandise is not a Federal Reserve-endorsed product.
  3. Economic Commentary: The letter from Bitcoin Magazine to the Federal Reserve is laden with pointed criticism of the Fed's policies and the current state of the economy, which it ties to those policies. This form of critical speech is at the heart of what the First Amendment aims to protect. However, while this commentary is poignant and resonates with the sentiments of many in the Bitcoin community, it does not directly impact the legal merits of the trademark dispute but rather serves to garner public support and underscore the ideological differences between the magazine and the central bank.
  4. Public Perception: Bitcoin Magazine's argument that no reasonable consumer would confuse their merchandise with official Federal Reserve merchandise has merit, particularly within the cryptocurrency community which is generally well-versed in the ethos and positions of publications like Bitcoin Magazine. The sarcasm and challenge to economic policy, while provocative, are part of a broader tradition of financial institutions being subject to critique and satire.
  5. Potential Outcomes: The outcome of this legal dispute will hinge on the specifics of how the trademark is used. If the use is clearly satirical and cannot reasonably be interpreted as suggesting an official connection or endorsement, Bitcoin Magazine's position will be stronger. Conversely, if the Federal Reserve can demonstrate that the use of their trademark could cause confusion among the public, particularly those less familiar with Bitcoin Magazine's stance, they could compel the magazine to cease using their imagery.
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Company violates registered trademark to sell merch for profit then cries about being sued. Big nothing burger. Another example of paranoid new age Bitcoiners trying to find a way to be the victim.
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You are allowed to use registered trademarks in parody. Trademarks only protect against fraud intending to confuse consumers. Parody is not that.
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So every pleb running a webstore with shirts, you know what your next design should be! Let's see how many cease and desist letters the FED can issue!
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Getting a cease and desist from the federal reserve is obviously a badge of honor for any bitcoiner.........Dam now I gotta make some anti fed merch.
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tempted to buy BTC Mag merch for the first time in his life 🤔
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Two quotes come to mind:
  • "You know you're over the target when you start taking flack."
  • "Never argue with someone who buys ink by the barrel"
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They are playing with fire
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You mean the Fed?
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I haven't read any of the parodies of FedNow but I know Bitcoin Magazine really did do it justice for the Federal Reserve to be coming for them.
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"Doing your Christmas shopping early, you love to see it! Let us know if we can send a box of merchandise to any of the 12 Federal Reserve Banks". LMFAO 🤣
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Any outcome is good for Bitcoin
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"Bitcoin" Magazine is shit, but the government is shittier.
I hope they both implode.
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They deserve each other.
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I don’t understand why a government entity is allowed to trademark or copyright anything. Regardless of how they view themselves, the Federal Reserve was created by Congress and all of their “intellectual property” should be in the public domain.
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Because we are the government and we are here to protect our, we mean your, property.
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When I saw the title I thought it was a bitcoinbungle parody
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Dear Thaddeus Murphy,
On behalf of the entire team at Bitcoin Magazine, I wanted to take the time to thank you for your thoughtful inquiry after having browsed our online store. Doing your Christmas shopping early, you love to see it! Let us know if we can send a box of merchandise to any of the 12 Federal Reserve Banks. You might enjoy our content from the latest print Bitcoin Magazine, which discusses the damages your policies have done to our economy – and our country.
Please don’t hesitate to reach out with a list of coveted items, and we will be sure to send them. We want to do our part to “stimulate” the economy!
On to business. We would like to inform you that while we received your cease-and-desist request, we refuse to comply. We will not be intimidated by your efforts to silence criticism.
I gotta admit, that's a beautiful retort.
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I hope this backfires on them and makes the meme spread even faster.
FedNow instant surveillance
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That's real men standing up for themselves. I mean Bitcoin Magazine of course.
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This is hilarious!!! "mislead readers into believing a connection exists between the publication and the central bank". Who in there right mind would EVER think Bitcoin Magazine is tied to ANY central bank. Wow, just wow.
It makes for great press for Bitcoin Magazine. The trolling seems to be working.
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