Just pass privacy rights. Backing into a solution with copyright is unnecessarily messy. Nobody wants to deal with a lifetime of the courts deciding on the status of personal data seized in a bankruptcy proceeding or hypothecated to foreign investors.
Creating tradeable property rights is older than web3. (Web3's innovation was turbocharging securitization by skipping the step of finding something worth securitizing.) The question is whether, and to what extent, we want personal data to be a market good. It currently is.
> turbocharging securitization by skipping the step of finding something worth securitizing
Best description of web3 I’ve ever readOwnership as a concept doesn't really apply so well to digital things because they are infinitely copy-able. I can have something digital, and you can have it too.
There's certainly a need for better privacy laws which applies to PII but that doesn't really need to be conflated with copyright and ownership.
The first is the automatic civil penalty for copying copyrighted music recordings. If you're caught and proven liable, the dollar amount of damages don't need to be debated -- they're pre-determined.
The second is the concept that mere possession of certain kinds of information (unspeakable pornography) is a criminal offense.
I think some combinations of these concepts could create a bounty system for victims to collect on the abuse of their personal information: 1) Improper possession is inherently illegal. 2) Offer for sale or transfer of the information carries an automatic civil penalty.
If we have no problem with privacy, it shouldn't be illegal to wear a mask in public.