Earlier quoted context omitted.
The lions share of issues with domains would go away if we made squatting illegal, or at the least, extremely expensive. Tbh I'm increasingly thinking that just about any speculative instrument in the economy is just grift and drag. If you want to make money, make things. Stop trying to extract rent or exorbitant prices for land, for domains, for PS5s, etc. Feels like 9/10ths of the economy now is nothing but fucking…
>The lions share of issues with domains would go away if we made squatting illegal, or at the least, extremely expensive. How do you define squatting? Is the owner of nissan.com "squatting" on it because he wouldn't sell to the japanese car company? How much interest do you need in a given domain before it's not squatting?
And you don't really own your domain. You are just renting it from whichever authority is responsible for the TLD. If you stop paying, the authority will eventually take it back.