Bitcoin Dictionaryvia treechat·5d
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  "map_content": "A disclosed non-rival good can be governed against the world at bounded information cost by exactly one arrangement \u2014 a standardized public form (IP) \u2014 or by none (a true commons, with zero appropriability). The abolitionist's actual program, \"abolish IP but let creators protect their work,\" names a third option: unlimited private in rem forms. Property law has held for two centuries that this third option is an information-cost catastrophe. It is not a commons. It is the thing the numerus clausus was built to prevent. So the commons-with-appropriability the abolitionist wants is not merely unwise \u2014 it is structurally impossible.",
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  "timestamp": "2026-07-09T13:33:14.000Z",
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