[hamandcheese]

This seems like a huge abuse of the copyright system to me. It sounds to me like ChainPatrol doesn't actually have any IP to protect, but they are instead deputizing YouTube's copyright system to fight what they deem to be crypto scams. Absolutely wild if true.

[wruza]

There are lots of “companies” like this. Don’t think about buying this apologetic do-gooder tone, it’s an id claim troll trying to cover his ass after touching something they can get face punched for by the whole internet. Which the internet should do anyway. Imagine what it did and continues to do to channels no one cares about that much. These parasites don’t deserve to exist, regardless of the official stance.

[p0w3n3d]

Big tech companies are not complaint with copyright, only with its interpretation made up by themselves.

[dandanua]

Anything bitcoin related is wild today. Big and free money make people lose their damn minds.

[staplers]

This is not just a bitcoin issue.

See: Sports gambling, prediction markets, pay-later apps. Gamified finance in general encourages risky behavior.

[pksebben]

I'll offer a slight adjustment; "Finance in general encourages risky behavior". It is an industry explicitly dealing in moving and dealing in risk.

We periodically become very aware of this. See financial news in 1893, 1901, 1907, 1910, 1914, 1920, 1937, 1949, 1953, 1961, 1970, 1973, 1983, 1987, 1992, 1998, 2000, 2008, 2011, and so on and so on.

It's almost as if a zero-sum, value neutral industry controlling the bulk of world finance is inherently a very very bad idea.

[nox101]

What part is zero-sum?

[immibis]

The part of the world economy that moves value from one person to another, without creating any value, is zero-sum.

[namaria]

That's not what zero-sum means

[throw5959]

There's no such thing.

[hartator]

Speculative assets are by definition are zero-sum.

If they go to infinite or to zero, they still produce zero.

[npoc]

You're confusing things that you value in life with things with economic value.

Also you don't seem to see that something that stores your economic value better than anything else (the "infinite" outcome) would be of great value to your life.

[TZubiri]

You can definitely use your IP to take down scams.

If someone is using your name or your company's name to scam people, it is in your interest to save your name and provide people assurance that they can do business with your name.

[gruez]

>You can definitely use your IP to take down scams.

Key point being, that you have IP to use in the first place. But the parents' contention is that ChainPatrol and/or their clients don't have such IP, and are merely weaponizing the copyright/trademark takedown process to take down scams, which isn't the same thing.

[TZubiri]

My understanding is that arbitrum has an IP, but this video was not using their IP, that it was a false positive in terms of identifying the IP, in addition to a false positive of malicious intent.

What you are saying is that these claims never relate to IP and it was only a false positive of malicious intent?

[gruez]

>What you are saying is that these claims never relate to IP and it was only a false positive of malicious intent?

I'm not sure how you got that impression. If you read my previous comment it's pretty clear I only objected on the basis they don't have relevant IP, not on the principle of being able to use IP to issue take down scams.

[HWR_14]

That's a use of a trademark claim, not a copyright claim. And a good example of why trademark protection is valuable.

[TZubiri]

It's true that trademarks are the best tool for that kind of protection, and that it is distinct from copyright. Note that I used the term IP though, which is a yet third distinct term.

[tzs]

Scammers often use more than just your name. They often take content from your site too to try to make theirs look like yours.

[pests]

The claim was they have no IP.