this post was submitted on 31 Jul 2023
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I mean, I see it being a little bit greedy, but honestly?
My entire life I've seen nothing but rent-seeking from giant corporations in most things except this.
IPv4 is essentially super limited in terms of "available land" (read: IPs) on which to develop. In the real world, when land is scarce, the cost of the land goes up dramatically. I mean, really, that goes for any resource that is limited. The more limited the resource, the higher price it demands.
Only in internet-land has a limited resource that is widely used has not been attached to rent-seeking behavior. Honestly, the current price seems (to me, personal opinion) to be very reasonable, considering the low number of IPv4 IP addresses available.
So, considering it took so long to charge for them, unlikely just driven by greed, imho.