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Netflix raises prices as password boost fades
(www.bbc.com)
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No, vapourware. If their thing worked but also had remote prisons this would be a totally different (and ethically abstract) conversation, so that's not the important detail.
In practice, their thing didn't work, and still ran on market-style money transactions, albeit with multiple currencies and a lot of random red tape. And then a huge unofficial market cropped up as well to close the gaps from it not working.