There we go
``He cited a number of examples where this new approach was needed: end users worried about credit card transactions, content providers who want to prevent their copyright, companies concerned about hacking, network neutrality, and foreign governments worried about Internet governance systems.''
Verily, a laundry list. Let's see:
Credit cards are an inherently unsafe system, and better alternatives are feasible. Same basic problem as storing far too much personal information ``to establish identity'', and with it everything you need to forge said identity (or credit card), making that extra juicy targets for theft. Here the banks' business model of backing ``trust'' by large sums of money is starting to look creaky. They need something far better than mere ``due diligence'', and the computer security industry isn't delivering (see below) nor do the banks manage to ask.
Copyright is useful, though extended so often and so long it has become a nuisance so sayeth even economists, but it is mainly the hysterics of inert and as a result essentially failed industries with too much lobbying money that cause the panicked amendments in law. Simply stopping supporting them and let the market sort them out (Hello America!) should, well, sort that well enough.
``hacking'' is mainly possible due to systems with holes designed right into them, and a ``security culture'' of finding holes in swiss cheese then making a show of patching the holes in said swiss cheese. That and the extreme gullibility of ``the users''.
Network neutrality has its roots in a flawed definition of ``fairness'' with respect to network bandwidth allotment and systems (*cough*bittorrent*cough*) designed to abuse the holes in the resulting technology.
And finally, taking a more active stance in ``governing the internet'', say by signing the root and sitting on the keys, is of course a sure way to upset every other government. What a wonderful argument.
Can we get someone competent in here?
My nomination is Paris, for she surely would be an improvement over this lot.