[arin-ppml] 2008-6: Emergency Transfer Policy for IPv4 Addresses

[Kevin Kargel]

Thank you Micheal for your common sense explanations.  I certainly agree
that the only legitimate way to transfer IP addresses is through the
services of the RIR.  Anything else would breed chaos.

> -----Original Message-----
> From: arin-ppml-bounces at arin.net 
> [mailto:arin-ppml-bounces at arin.net] On Behalf Of michael.dillon at bt.com
> Sent: Monday, September 29, 2008 2:25 PM
> To: arin-ppml at arin.net
> Subject: Re: [arin-ppml] 2008-6: Emergency Transfer Policy 
> for IPv4 Addresses
> 
> > This is nonsense. Literally. IP address transfer markets are not 
> > derivative markets,
> 
> A derivative is essentially a contract. It is used to buy or 
> sell something, that normally cannot be bought or sold. Yes, 
> it is true that the most common types of derivative contracts 
> are options and futures, but there are many others.
> 
> > IP
> > address transfers as proposed by various RIR policy changes 
> directly 
> > transfer a valuable but intangible asset from one party to another. 
> > There is no redistribution of risk.
> 
> Given that the RIR policies and registration 
> agreements(contracts) all state clearly that IP addresses are 
> not property, I don't see how you can buy or sell the right 
> to use them other than through a derivative contract. So far, 
> I have seen no policy proposals to change IP addresses into 
> property, and if they are not property, then they cannot be 
> an asset and cannot be bought or sold.
> 
> As for redistribution of risk, that is insurance (or 
> reinsurance) and is not an essential component of a 
> derivative contract.
> 
> > Let's keep in mind that transfers of IP addresses already 
> happen. Are 
> > you suggesting that they all be stopped?
> 
> Yes, they should all be stopped. The only legitimate way to 
> acquire the right to use an IP adress block is to show 
> technical justification to an RIR. The only legitimate 
> transfer of right to use an address is one that transfers 
> network assets, or one that has an RIR as one of the two parties.
> 
> --Michael Dillon
> 
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