ISPs Can Be Regulated Like Banks

The closest analogy to how ISPs operate on the Net is how banks operate on the terrestrial plane today. In most countries, banks are highly regulated, and they have a duty (in most countries) to know their customers. Although their primary mission is to serve their customers, to some extent they operate as (sometimes reluctant) arms of government. They are supposed to report not just illegal transaction, but also questionable ones--whenever someone shows up with more than $10,000 in cash, for...