even if content providers are paying - it still inhibits consumption as content providers simply pass the cost to the consumer.
imagine netflix vs megaupload. megaupload or any of those or torrents - they could be registered entities or none but they r not gonna pay. consumers will simply get their content from those sites vs the official ones.
show me the incentives and I will show you the outcome as charlie munger said.
even if content providers are paying - it still inhibits consumption as content providers simply pass the cost to the consumer.
imagine netflix vs megaupload. megaupload or any of those or torrents - they could be registered entities or none but they r not gonna pay. consumers will simply get their content from those sites vs the official ones.
show me the incentives and I will show you the outcome as charlie munger said.