if a region-free DVD cost 10x a region locked one, then maybe I'd buy into your argument ,
streaming needs to be based on who I am not where I am. I cant watch simultaneous in 2 countries let alone 10!
a licence to stream a single stream only to wherever & however I present valid credentials is not an unreasonable ask, surely , and with some mutual trust that I'm not bouncing the content from a tablet into some big screen paid-admission auditorium ( which the technology cannot detect)
there's also the slingbox product, which as I understand it will take content from say by home cable hard drive & sling it over internet to some hotel room on the other side of the world, where i happen to be with a laptop.
so consider a scenario where last night's USA HBO Game of Thrones episode, has been legally recorded by my TIVO in Kansas, via a predefined series link, & I slingbox it to watch as a stream on my laptop in a hotel room in Bangkok where I've been for the last 2 weeks. I think by your strict interpretation, that's illegal, but all the components are legally purchased, and the right to view has been paid for - where's the crime ?
http://uk.slingbox.com/