+1

Steven Ryerse
President
100 Ashford Center North, Suite 110, Atlanta, GA  30338
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℠ Eclipse Networks, Inc.
                     Conquering Complex Networks℠

-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf 
Of David Huberman
Sent: Tuesday, September 23, 2014 10:46 PM
To: John Curran
Cc: [email protected] List ([email protected])
Subject: Re: [arin-ppml] Draft Policy ARIN-2014-20: Transfer PolicySlow Start 
and Simplified Needs Verification

John wrote:

> A transfer policy mechanism which allows receipt up to a limit based 
> on current holdings provides far more certainty for those who wish to 
> plan for the future, as they can go to market knowing precisely that limit.

What is the virtue of a limit?  

It's not the prevention of speculation and hoarding.  Those will always happen 
outside the view of ARIN policy.  Speculators and hoarders will buy blocks on 
the open market and simply not engage ARIN because there's no reason to.  
Contract law makes it trivial to ignore ARIN.

It's not conservation - there is no such thing as conservation in IPv4.
85% of the address space ARIN issued over the last 10 years went to less than 
20 companies.  (At a significant penalty, I might add, to the little guys and 
especially new entrants, who got screwed in ARIN policy for 17 years.)

Before anyone answers this, please ensure you're knowledgeable about the IPv4 
market today. I am. I characterize it as VERY robust.  Tons of supply, with new 
suppliers showing up every month.  Outside of China, prices are low; it's a 
buyer's market.  There's no speculation that I can find, short of a one-off 
speculator who is a well-known fraudster. There is certainly hoarding by the 
larger companies, but ARIN policy today isn't stopping that, and no policy 
passed here can stop that. Think about that last sentence carefully.  ARIN 
policy is powerless to stop hoarding.

So how do we write policy that helps the non-big guys?  By removing artificial 
policy barriers that require lots of paperwork with ARIN beyond simply, "I 
bought this /20 from this company, please update Whois".

ARIN's job should simply be to verify the seller is the bona fide registrant, 
and that the seller agrees to the transfer, and that the buyer signs an RSA and 
pays whatever fees are necessary to cover the costs of the transaction 
processing.

Let's simplify ARIN processes, make ARIN policy fit the REALITY of network 
operations in a post-exhaustion world, and move on with talking about RPKI, 
DNSSEC, IPv6 and other actually important things that will shape our future.

David
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