Re: IP addresses are now assets

[joshua sahala <jsahala () gmail com>]

On Thu, Dec 1, 2011 at 10:20 PM, John Curran <jcurran () arin net> wrote:[cut]
> Your subject line (IP addresses are now assets) could mislead folks,
[cut]
ianal, but the treatment of ip addresses by the bankruptcy court would
tend to agree with the definition of an asset from webster's new world
law dictionary (http://law.yourdictionary.com/asset):

   Any property or right that is owned by a person or entity and has
   monetary value. See also liability.

   All of the property of a person or entity or its total value;
   entries on a balance sheet listing such property.

   intangible asset
      An asset that is not a physical thing and only evidenced by a
      written document.


the addresses are being exchanged for money, in order to pay a
debt...how is this not a sale of an asset?


> ARIN holds that IP address space is not property but is managed as a> public resource.

imho, if it were truly a 'public resource' and managed as such, it
would be returned to the appropriate rir for reassignment, rather than
being auctioned off to the highest bidder by a (commodities)
broker...administrative and processing fees are one thing, but this is
pure commoditisation of a so-called 'public resource' by speculators.

i am, unfortunately, in the minority on this topic


On Fri, Dec 2, 2011 at 8:33 AM, John Curran <jcurran () arin net> wrote:
[cut]
>  "Sale may be subject to compliance with certain requirements of
>  the American Registry of Internet Numbers ("ARIN") and the court
>  materials to date reflect this.

MAY versus WILL -- rfc2119 contains a pretty clear definition of each,
which i am pretty sure echoes legal precedent..but again, ianal, so,
ymmv, etc, etc



the speculative market exists and is growing, why do certain factions
of the community keep trying to pretend that it doesn't?

/joshua