Anyone else seen this?

http://www.copyrightmyths.org/proportional_registration

Karl Fogel suggests that after an initial  copyright term that functions as
at present (i.e. - with no registration requirement, but reduced in
duration), rights-holders should be required to register their work, paying
a fee that is a proportion of an estimated 'value' of the work that they
themselves set. The work can then be 'bought out' on behalf of the public
domain by paying the entire 'estimated value' to the creator. Further
details at the link above, but I'm intrigued by this position, as it leads
to a copyright term proportional to the market value of a work.

Any Thoughts?

Cheers,


Tim
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