> Michael B. Williams wrote :
> Quite frankly, if this model were adopted with no waitlist, it would not be 
> surprising if a venture
> capital fund came in and just started buying IP space to reduce supply and 
> control the price.

They don’t need the suppression of the waiting list for that. Some people say 
that the spikes at $60 in 2021 were due to speculation, not to market dynamics. 
Hopefully someone speculating got hurt and the market has decreased for the 
last year. Eventually, the market will reach a more mature and stable state 
than it is now.

The way I see the waiting list is a lottery. Apply regardless you are 
innovating or not, if you have or not a legitimate need, and hope you win. The 
problem I have with it is that the crooks who want to make a quick buck are 
generally better at B.S. in terms of justification than the genuine innovator 
who would benefit from a cheap allocation from the waitlist. The other problem 
I have with it is that innovation is time sensitive; waiting only ensures that 
someone else will come up with the same idea, get serious with it, and secure 
the funding.

Michel

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