[ppml] IPv4 wind-down

[Martin Hannigan]

----- Original Message -----
From: Geoff Huston <gih at apnic.net>
To: "Martin Hannigan" <martin.hannigan at batelnet.bs>,
<ppml at arin.net>
Subject: Re: [ppml] IPv4 wind-down
Date: Thu, 22 Mar 2007 09:03:50 +1100

> At 09:37 AM 22/03/2007, Martin Hannigan wrote:
> 
> 
> 
> > > Shortly we will be burning through 2+ /8's per month,
> > > so the logistics of reclaiming space will be
> > > challenged to keep up, even if there are blocks that
> > > add up to that much.
> >
> >An above ground v4 trade would be helpful. Allowing V4 to
> be >treated as property, at least for legacy space, would
> be >required. The economics of that are interesting,
> 
> 
> "interesting" in that "all markets are interesting" or
> "intersting in  that "this market would be unique in a
> number of ways, only some of  which are predictable"?
> 
> 
> >  and the
> >outcome predictable.
> 
> 
> Again its not clear to me what you mean by 'predictable." 

To answer your question, yes, not fully predictable. In
order to
be able to "trade", we would need to own what we are trading
hence
IPV4 as "property". Property, as you know, brings with it
certain 
rights including value and transferability. 

Best,

Martin