LOTUS 123 tried something similar. They eventually realized that the copy protection they had engineered cost them more in support calls than pirated software would ever cost them.
Microsoft once had a telecommunications program called Access (this was before the MS Access database).
Access had a bizarre habit of kicking into copy-protection mode at odd times, like when you were installing a completely legitimate copy. Just before the copy-protection rebooted your machine, it would display a message saying "What evil lurks in the hearts of men? The Shadow knows. Copy-protection violation. Erasing drive C."
Access was soon pulled from the market, never to be seen again, and eventually replaced by a database of the same name (which reminded me of some Stalinist bureaucrat airbrushing out the image of a liquidated politician).