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Haha. I 'm not sure that would be a good idea.... I'll be thinking about that one for awhile now.

Unfortunately, government regulation might be necessary in some such situations, where tragedy of the commons applies.

http://www.gametheorystrategies.com/2011/06/01/tragedy-of-the-commons/

If everything is private property, then the tradegy of the commons cannot occur. The coercion-based state creates and encourages said tragedy.