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Imho
Ipv4 and peak oil are similar.
We’re constantly running out; but every fes years, we figure out a new way to extract more oil/make do with the addresses we currently have.
Someone sells of their underused block, or more people move to the services with excess IP addresses if they need one.
Do you have a source for that? Because this seems to suggest fossil fuel and oil demand might of roughly plateaued the last few years, the dip looks pretty welly correlated to Covid.
IPv4 addresses are a static pool, yes. But we’re continually using them more efficiently, the same as Oil. The difference being that Oil has a limit on the amount of energy contained in its chemical bonds, but you could quite happily host 1,000 or 10,000 websites on a single server.