Re:Adobe deactivates all Venezuelan accounts
by CryptoPunk on Tuesday October 08, 2019 @10:03AM
(#21192400)
Bandwidth and storage are both scarce resources and metering them out so producers are compensated is necessary to enable an economically sufficient quantity of both to be produced.
I agree that intellectual property rights might reduce overall efficiency due to the artificial complexity and friction it adds.
The most basic proof of ownership is the fact of having that something, and there being no party claiming that you took it from them. Copying bits is so cheap everyone can get a copy from someone else who volunteered their copy and there's no point in even metering that. There's arguably little sense to have a market for digital data, yet we persist at trying. What you're seeking with blockchain is proof of compliance with a complex and somewhat arbitrary set of regulations.