RIRs (RIPE NCC, ARIN, APNIC, etc.) are non-profit membership organizations, not commercial entities trying to "monetize" IP addresses.

Their registration fees directly fund critical global Internet infrastructure: the WHOIS databases, RPKI trust anchors, root DNS servers, and policy governance. If their operational budget collapses by 90%, it's not a loss of "profit" - it means there is literally no one funded to maintain the authoritative registry of who owns which ASN and route origin authorizations.

And even setting governance and economics aside, the technical failure modes remain fatal: 28-byte header PMTU blackholing, uRPF collisions on multi-homed links, and ASIC slow-path punting on existing linecards.