131–140 of 147 posts
I might be missing something, but I completely don't get this idea, especially with the examples provided by the author. I have two major concerns: > Bind searches to domain names, eg "food in chicago" => f02970848a63988965aa40cd368ffcf9046209ca.com This IMO is bad, and goes in completely wrong direction. We've invented search engines to have such phrases not bound to a particular domain. Who would handle the "#://fo…
The concepts that eluded you were so eloquently explained at the bottom: "This is just for fun! A proof of concept."
The is a horrendously horrible idea, for the same reason why unicode domain names are a bad idea. Domain names are important because they provide a reasonable amount of trust. If I type http://apple.com , I'm 99.99999% certain that I've connected to Apple's website. This gets nasty with unicode, because a person can spam your email account and get you to click on a URL which looks very similar to something like apple…
Unicode domain names are no more dangerous than HTML emails, which can also be used to fool people into clicking links that look like one site but go to another. Unicode or not, if you type in apple.com on your English keyboard, you will go to the website of Apple, Inc. (Unless your DNS cache has been poisoned.)
Except in the case of a carefully selected unicode domain, the address bar will say 'www.paypal.com', not 'www.paypallolimstealingyourlogin.com'.
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"and the primary source of frustration is that they are mostly taken by various squatters and other scums of the Internet" "Scums of the Internet"? Oh please. Where are you getting this all from exactly? You've just decided that since you weren't able to buy a domain [1] that you wanted at a price that you could afford to pay that all domains "are mostly taken by various squatters and other scum of the Internet". I m…
I get it, you work for a registrar, so you are naturally defensive (which I understand). But like individuals who buy empty lots from the Forest Service to resell at a premium, can't you understand why this seems like an inefficient market outcome? Sure, it may be desirable/profitable, but not ideal? Squatting may be a result of our domain registration system, but is it really desirable? to me it seems like a negativ…
"Why is a squatter adding any value?"
Value? What is the value of gambling at the casino or horse racing? Is value the demarcation point of economic activity that is acceptable?
What value does anyone provide who has enough knowledge (and or capital) to be able to buy something in advance anticipating that someone else might find it of value at a later date? We aren't talking about cornering the market on insulin here are we? Am I allowed to buy high volume scanners on craigslist and then sell them on ebay and make money? Am I providing "value"?
"Should all domains be bought by one person who uses none for his one purposes, and sells each for 1k?"
Well what prevents you from doing this to make money? Is it that you a) don't have the capital or b) don't have the knowledge to determine what would sell at a later date or c) you just find it objectionable and desire to not be in that business. (Like porn for example..)
If "c" then can you understand that it's a valid business model, is not illegal and in a sense is about as "fair" as someone buying real estate years ago in a hot area and now expecting to make a profit off that real estate? After all there is a risk in using your capital "a" to take this chance, right? You certainly don't believe that buying a bunch of domains that you think might go up in value is guaranteed do you?
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Umm, yes actually? Where do you think the playground equipment manufacturer got their initial capital?
From the three Fs? From a customer who wanted some playground equipment? From a crowdfunded philanthropic project that wanted to build some playgrounds? By saving up their income from previous jobs before making a go of a new company? Basically, from the same places that the manufacturer gets their money from in order to pay dividends to the investors. Investment banking is _a_ lubricant of industry, not _the_ lubric…
Do you think that crowdfunding has replaced needing to raise capital through the legacy process of initial public offerings and also that companies that use investment bankers to not seek out a merger or acquisition of another company don't serve a purpose?
What do you think you just need millions to expand and walk into the bank or go to kickstarter?
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I think you are confusing "investing in" with "producing". They are in fact different activities.
I believe "creating anything useful" in this context means "doing any useful task"; I don't believe the original poster intended to put nurses, cops, or any service job in the same group as investment banker and domain squatter. In that sense, investment banker is still a useful and necessary job, unlike domain squatter.
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From the three Fs? From a customer who wanted some playground equipment? From a crowdfunded philanthropic project that wanted to build some playgrounds? By saving up their income from previous jobs before making a go of a new company? Basically, from the same places that the manufacturer gets their money from in order to pay dividends to the investors. Investment banking is _a_ lubricant of industry, not _the_ lubric…
Wow. How much do you know about business and how long have you been around business? Do you think that crowdfunding has replaced needing to raise capital through the legacy process of initial public offerings and also that companies that use investment bankers to not seek out a merger or acquisition of another company don't serve a purpose? What do you think you just need millions to expand and walk into the bank or…
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I believe "creating anything useful" in this context means "doing any useful task"; I don't believe the original poster intended to put nurses, cops, or any service job in the same group as investment banker and domain squatter. In that sense, investment banker is still a useful and necessary job, unlike domain squatter.
So in your opinion is a domain squatter worse, the same, or better than a real estate investor? That is someone who identifies something that has value that might be able to be sold at a higher value at a later date and buys it for less than they intend to sell at that later date?
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Domain squatters are no better than investment bankers. They really do the same thing, they make money without creating anything useful.
Would you mind substantiating your generalisation that investment bankers make money without creating anything useful?
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"and the primary source of frustration is that they are mostly taken by various squatters and other scums of the Internet" "Scums of the Internet"? Oh please. Where are you getting this all from exactly? You've just decided that since you weren't able to buy a domain [1] that you wanted at a price that you could afford to pay that all domains "are mostly taken by various squatters and other scum of the Internet". I m…
Squatters are scum. They add nothing of value and make a resource artificially scarce for their own profit. If domain names had no value and people could just buy another one, then squatters wouldn't be making money in the first place.