Subject: Re: mandatory patent auctions
From: simo <s@ssimo.org>
Date: Wed, 04 Oct 2006 19:33:32 -0400

On Wed, 2006-10-04 at 16:11 -0700, Thomas Lord wrote:
> > I hope this goes through.  I'll patent a few trivial
> > things and bid a billion trillion dollars for each
> > patent.  Worst case, I write myself a meaningless
> > check; best case the government gives me all the
> > money in the world.
> >
> > Sweet.
> >   
> 
> 
> 
> I think the idea is that if the inventor wins the bid, they
> pay the gov't. in exchange for excluding those third
> party bidders.  Nice try, though.

Wow so we go from a not cheap system to an incredibly expensive one ...
No startup will ever be able to pay out such prices upfront.

Simo.