That smells like Hollywood accounting to me. Or at least abuse of tax law that locks away a potential asset for someone else in order to be able to get out of paying a tax.

Admittedly, I'm still working on wrapping my head around the entire accounting thing, but in general, any material you acquire should be acquired with intent to do something with it. Unless this is some sort of economic "fallowing" technique. But I'm still not sure I'd buy any logic that tried to paint that behavior as anything other than glorified "domain squatting" on a community.

Interesting food for thought though. Good post.