Ebooks are not bought

Very interesting article by Michael Kozlowski. I never knew this. You don’t BUY an ebook, you license its use. So, if you “buy” from a store that goes out of business, you lose the ebook.
https://goodereader.com/blog/e-book-news/this-is-the-big-reason-why-we-dont-own-ebooks

To be clear, when you buy ASS from me, I will happily send you the file. You will own the book. I will also offer it on major retailer’s sites, so you can license it from them.

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