It's not a loophole, it's the system working as intended. You can have multiple accounts on one system and those can be of different regions. Other accounts can play those games. Sony have to allow multiple accounts of different regions because of how people change where they live or who they live with. It's not a legal requirement but so many people need a system like that they won't change it. Disabling the ability to play games other people own on those accounts also won't happen because it's a way of doing family and child accounts which they need to maintain.
If Sony do shut that down (they won't) there will be such a big outcry that they'll walk it back. That's all they do now. They make a decision, people get upset about it, they walk it back. Like the Horizon free upgrade from PS4. If they wanted to be nice guys like MS (no corporation is a nice guy but MS are at least focusing their business around making decisions that are mostly consumer benefit focused) they wouldn't have tried to charge for the upgrade. Instead, they tried it, people got upset and they u turned. It keeps happening with Sony.
All of which is to say, it isn't a loophole, it won't be shut down and if it is, they'll reverse it when it blows up on twitter.
If Sony do shut that down (they won't) there will be such a big outcry that they'll walk it back. That's all they do now. They make a decision, people get upset about it, they walk it back. Like the Horizon free upgrade from PS4. If they wanted to be nice guys like MS (no corporation is a nice guy but MS are at least focusing their business around making decisions that are mostly consumer benefit focused) they wouldn't have tried to charge for the upgrade. Instead, they tried it, people got upset and they u turned. It keeps happening with Sony.
All of which is to say, it isn't a loophole, it won't be shut down and if it is, they'll reverse it when it blows up on twitter.
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