It wasn’t a line of reasoning or a justification. I was not justifying anything or arguing for or against anything. Web services are already location bound. For example, there are YouTube videos available in the U.S. but not in Russia. I’m certain there are emails legal to be sent and read in Iran that are not legal to be sent in the U.S. One state in the U.S. is attempting to ban abortion information being sent to people within that state’s borders (likely just posturing but the point stands).
I can see from Netflix’s perspective that maybe the cost of allowing too many streams from one account is not profitable. Clearly they think this is a problem.