![]() You shouldn’t have to worry about being sued for copyright infringement because the original copyright owner or manufacturer doesn’t like you being the person reselling it… doesn’t want you to realize a profit from your original investment. You shouldn’t have to go ask permission of anybody to resell it. Said Lauren Perez of the American Free Trade Association, in a video on the Owner’s Rights site: While the court’s decision puts to rest one attack on resale rights, the group believes there could be other legal attacks in the future. The Owner’s Rights Initiative says you should be permitted to resell something you’ve legitimately purchased, no matter where it was manufactured. You have a right to resell it.” (Image above) The Initiative is an advocacy group founded to protect owner’s rights to buy and sell authentic goods. The Owners’ Rights Initiative hailed the decision as a victory for individuals, organizations and businesses. ![]() copyrighted items manufactured outside the United States, but re-sold or disposed of inside the U.S. It’s also a victory for libraries and retailers like eBay, who argued the “first sale” doctrine - giving owners of published books and recordings the right to sell them to whomever they want - should apply to imported works as well as U.S. John Wiley & Sons is a victory for Supap Kirtsaeng, a student who was fined $600,000 for importing Wiley textbooks from his native Thailand, where they were cheaper, and selling them in the U.S. Supreme Court today settled a long-simmering debate over the Copyright Act by holding that publishers can’t prevent the resale of books they produce overseas in U.S. ![]() The Supreme Court’s decision this week reaffirmed that owners have resale rights, as Daniel Fisher writes in Forbes: Most of us take resale rights for granted.īut that right to resell copyrighted items had been challenged in court. ![]() The resale right applies only to the physical item sold, not copies. That’s why you can legally hold a yard sale or sell computers on eBay. After that, the buyer can do whatever he or she wants with it - sell it again, donate it, whatever. Here in the States we have something called the “first sale doctrine.” It simply means that once a tangible copyrighted work (or something with copyright in it) is sold lawfully the first time, the original copyright owner no longer has rights over the physical item. Bought a book and no longer need it? You sell that, too. After all, hasn’t that always been true? You own an iPad and want to get a new tablet instead? Just sell the old iPad or donate it or recycle it - because it’s yours and you can do what you want with it. Now - you might be wondering what’s so earth shattering about that. The only real question is whether the VCs consciously used crypto and its evangelical culture as devices to structure a legal pyramid scheme (like multi-level marketing, with cryptoassets attached to the pyramid instead of spandex leggings) or just sort of reinvented pyramid schemes out of crypto's functional principles in the same way that they naively "invent" juicers or mass transit.This past week the United States Supreme Court decided a case that reinforced the right to re-sell something that you had lawfully bought. Those ads cost $7m for thirty seconds and the new investors got thoroughly hosed after buying in. They weren't even able to scream any more. "I had a few people lamenting and crying," says the group's founder, a 30-year-old cryptocurrency investor who gives only his first name, Giulio. These are victims of the cryptocurrency bloodbath, 3,315 of whom have assembled in a "Bear Market Screaming Therapy Group" group to vent their anguish. "Waahahahah," roars a man in a deep baritone. They gather on Telegram to let out howls of grief and short, sharp shrieks of pain. For The Guardian, Sirin Kale writes about the amateur investors financially ruined by the crypto crash: ' They couldn't even scream any more.
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