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Originally Posted by Steve Jordan
Both examples ably demonstrate that DRM (just another form of product security) is workable
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What examples are you talking about? iTunes doesn't have DRM, neither does Baen.
Also, DRM has never been about product security. It actually can not be used for product security.
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Valuable products need some level of security, or they get stolen, plain and simple. To solve that dilemma, you can only do 3 things: Add effective and acceptable security; remove the value; or make someone else pay for the product.
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You will never be able to prevent your product from being stolen. Instead of more and more security, which will never work, you need to make a product that people want and charge a cost for it that provides them value. There will always be those out there who will take without paying, and you will never be able to stop them. Instead, focus on increasing the value for your actual customers.
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In time, I believe a "practically bulletproof" DRM system would be possible and effective (think biometrics), but we're a long ways from that.
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As has been pointed out before, there is no such thing as a "practically bulletproof" DRM system which will provide effective product security. You're making the same mistake that many people do in thinking "as long as we can make a stronger lock, we can prevent people from getting in". Biometrics, or whatever else you want to come up, are not going to solve the problem. People don't defeat DRM by breaking the lock.