Just hoping that some really knowledgeable Freeper can explain to us why it is not reversable at least in the near term.
If President Trump, for example, tells the world in January that we are going to retain "ownership" what can the world do about it? I assume, of course, the cooperation of the Congress but not the courts.
ICANN is the Internet Corporation for Assigned Names and Numbers. While I disagree with ceding control, it’s much ado about nothing. They literally manage the assignment of internet addresses and DNS. The worst that will happen with this is that it’s likely we’ll see a substantial uptick in spam since foreign entities will likely buy up tracts of American IP addresses to spam from the comfort of their own borders.