The United States Patent and Trademark Office currently has two trademarks concerning Bitcoin. The first trademark is for “Bitcoin,” patented by a UK company. The second trademark is for “Bitcoin Cash” and it was filed by a man by the name of Kua Maria, also known as “Satoshi Nakamoto.”
For those who follow the cryptocurrency industry, the second filing is especially puzzling because Satoshi Nakamoto – at least the real one – is the inventor of cryptocurrency.
Kua Maria, whose full name is “Ronald Keala Kua Maria,” filed the patent last month and a deeper look into his background shows that he has a history of questionable actions. Recent reports show that in 2001, he and his mother were accused of second-degree theft concerning cargo containers. The pair also allegedly stole millions of dollars through scams on the residents of Hawaii.
The most recent move seems to be the filing patent. The patent’s trademark copyright notice states,
“I Ronald Keala Kua Maria also known as Satoshi Nakamoto inventor of bitcoin and blockchain technology hereby affirm that all my copyrights including an equity-based electronic reserve currency peer to peer electronic cash system.”
Kua Maria has taken other actions related to the patent filing and Bitcoin, which include claiming ownership of various BCH related websites and domains.
Seemingly, Kua Maria is acting with an end goal in mind, which may be to generate a basic income plan of $800 USD per month. As Kua Maria has stated, organizations and individuals can contact him for a free license and copy of notice. Further
“basic income plan users may be required to pay 2% royalties on transactions over $800 USD to provide $800 a month basic income to all users subject to Copyright law and this Basic Income Plan.”