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osOpinion: First Amendment, Captive Markets: P2P's Real Issues

Nov 11, 2000, 14:34 (5 Talkback[s])
(Other stories by Dave Manchester)

[ Thanks to D.Manchester for this link. ]

"When P2P (Peer-to-Peer Computing) and micropayments collide, the real casualty will be the existing economic system. True Open Source P2P micropayments could just mean the elimination of banks as middlemen, at the worst; at best, being relegated to the comparatively non-lucrative position as clearing agents. This will depend on what form P2P micropayment systems take. But what about Human Freedom to share ideas? What about Free Speech? What about Freedom to Assemble?"

"The issue at stake here is the Freedom to Assemble without special dispensation from the government or private arbiters of who shall be allowed Individual Rights, and who must give up those Rights."

"Individuals are going to share ideas in whatever form. And they are not going to pay a toll each time they retrieve those ideas in whatever form. They won't pay a fee for unscrewing bottle caps when they've already purchased the liquid inside. Neither will they do it when the contents are a movie on a DVD, with MP3s, or CDs."

"Should the Artists create a viable peer-to-peer micropayments system for the Web, we won't even need banks. Soon, the Artists will be in a position to take 90 percent...not the pittance the RIAA hands them for their Intellectual Property they were duped into handing over as "work for hire" in order to get that recording contract."

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