Why DJB's plan fail
Posted Jan 28, 2011 0:44 UTC (Fri) by khim
In reply to: Why DJB's plan fail
Parent article: LCA: IP address exhaustion and the end of the open net
So, people that were warning about the dangers of sub-prime mortgage markets, default swaps, pyramid selling etc. (i.e. the plan that was _not_ put in action) are a failure of epic proportions?
Not the ones that caused the GFC?
"The ones that caused the GFC" architected the Reaganomics to kill the USSR. Plan successed brilliantly, but GFC become unevitable at this point. "People that were warning about the dangers of sub-prime mortgage markets, default swaps, pyramid selling" and other "atrocities" just described what they see - they had no idea what they are talking about, why the structure they are talking about was created and how it works in first place. All these "atrocities" posponed the GFC by about 3-5 years, but made it more profound. Was is good trade-off? Well, it's hard to say, but it gave people few more years of respite before decade (or may be two) of suffering.
Just like with IPv6: people who are moving it forward are solving real problems while clueless people like DJB complain that the plan has unintended consequences. Well, duh - but what is your plan?
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