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> ... grant a more even balance between the financial interests of the rightsholders and the cultural interests of the public at large...

You mean the public that still exchanges terabytes [1] of pirated content every month in the US alone that the rights holders are unable to stop?

1. Sandvine estimates single digit percentage of daily Internet traffic in the US is BitTorrent. That is huge in absolute numbers.

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Yes, and this speaks to the problem our laws have. The public has, by its behavior, manifestly rejected current copyright law. Many break copyright law daily without understanding that they're doing so. We should amend the law to be something that normal people can conform with.

EDIT: Also, it's improper to classify all BitTorrent traffic as piracy. It was specifically designed to transfer large files. Applications like World of Warcraft use it internally to distribute game files.

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