Jack Dorsey’s TBD backpedals on plans to trademark ‘Web5’

A poorly thought-out proposal to trademark the term was revealed late on Tuesday night by TBD, the Bitcoin-focused section of Jack Dorsey’s payments startup Block (formerly Square).

The TBD community, however, did not appreciate this decision as many objected to the notion that a gatekeeper was necessary for free and open-source software.

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