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by buro9 3698 days ago
It could be argued that if Satoshi is a person, and that person created Bitcoin on equipment provided by a workplace, during work time... and if those first 1 million bitcoins were mined on equipment owned by a workplace...

Then depending on the legal jurisdiction of that person...

* The employer have a claim on the IP and the initial licence was incorrect

* The employer have a claim on the bitcoins

* The employer could have a claim on any core patent that arises

This is just from a UK patent law based view where it is repeatedly made clear to employees not to work on side projects or other things on work equipment and time.

So there is a potential legal risk, if it's determined that Satoshi was working on this using his employers resources.

2 comments

Well, shit. That's pretty heavy. I suppose I would want to remain anonymous if I was concerned about that scenario.
Doesn't matter if you did a good job documenting and proving that you didn't use work equipment. I remember a speaker once telling an audience something like don't even use the same brand pens or notebooks purchased by your employer to jot down your ideas and stuff.
Well, of course, as long as those are the rules and the scenario. The grandparent offered a bit different scenario.

The moral is quite clear, though: don't ever, ever use someone else's equipment and time to build your own thing.

And now I realize how heavy that scenario is too. Dang. That's heavy.
Plus the Capital Gains Tax payable on 1.1m bitcoins when sold...