Antigua gets OK to become copyright haven
sfgate.com
sfgate.com
That way the company can make arbitrary amounts of money, with some value eventually accruing to Antigua, while remaining within the WTO definition.
The company could choose to value its earnings pretty much arbitrarily (either really high, based on retail price times number of downloads; or really low, based on bulk data transfer prices).
The big issue would be keeping international connectivity up -- while the WTO allows Antigua to do this, IIRC most of Antigua's Internet access is on a couple of cable systems owned by non-Antiguan companies (mainly C&W plc); the US could make life crappy for those companies. There are some international law issues with cutting off all communications and with the contracts for service on these cables otherwise, though, but it could be messy.
Ultimately it would be cheaper for the US to just give Antigua an extra $21mm/yr in foreign aid in exchange for them waiving their rights under this judgment. This could be buried in some kind of educational or bilateral trade agreement or something.
"Antiguan officials say they could make up the money through the operation of a copyright haven, although what that might look like and what its scope would be remains unclear. Antiguan officials have kept details vague and the move has little precedent."
While the U.S. is is a negligible export destination for Antigua ($9.1 million in 2012 [1], or 0.8% of Antigua & Barbuda's GDP), it is a significant source of imports (17% of GDP). This could produce the seed for regulatory innovation. But concluding anything yet is extremely premature.
I know .ly domains became a concern because of political turmoil in Libya. Is there anything I can do to keep my site (10k+ visitors/day) accessible if US decides to block all .ag domains? I haven't come across any famous .ag domains unlike bit.ly for .ly. Is there a chance my site could be blocked because of the domain name? I have nightly backups of all the data but the site has become so integral to my life (in addition to my email address), that I would be heartbroken if I have to give it up.
I don't think the Antiguan government is going to repossess anyone's domain names.
Also, I have to say that video of your ducks terrorizing the dog and cat is adorable and hilarious :)
[1] bare arms, etc. http://techyum.com/2010/10/official-vb-ly-link-shortener-sei...
I don't agree with this stance, but I've heard it made before.
It's not hard to make that kind of requirement, if it were the real reason online gambling is restricted.
Transferring USD to an online gambling service is illegal.
Many gambling websites operate completely legally in the US using Bitcoins instead of USD.
http://www.businessweek.com/articles/2013-01-03/bitcoin-maki...
I could forsee some ambitious DA deciding that a BTC exchange was simply a way to launder dollars into online gambling and drug tokens...
ETA: Much better explanation: http://squid314.livejournal.com/352406.html
Does something like that exist in other countries?
We've got this in Australia: http://www.sportsbet.com.au/betting/current-affairs But it's no-where near the level that article describes.