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Isn’t a book not much different than a jpeg though in terms of the value prop? It’s just proof of “ownership,” right?

Well the idea is that if you own the license, then you always get access to it. It's a net gain for the consumer. It's proper ownership.

Compare this to digital goods today where your access can be revoked by Amazon or whoever at any time. Today, you're just a renter.

anyway, something to ponder i guess

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