Sure, because we don't have an asset tax. If we had an asset tax, you'd have to register your IP. If you don't register your IP, you don't get protection. Not t

Sure, because we don't have an asset tax. If we had an asset tax, you'd have to register your IP. If you don't register your IP, you don't get protection. Not too different from real estate; if you don't have title, you don't own it. I haven't considered all the economic consequences of this, but it does seem like enforcement is a minor problem.