This is a good chance to stop our dependence on DNS and move to things such as .onion domains instead (which by the way help avoid the whole certificate CA mess).
The .Org Fire Sale: How it sold for less than half its valuation
101–110 of 189 posts
Re: The .Org Fire Sale: How it sold for less than half its valuation
#102Earlier quoted context omitted.
Their customers, if you think about it, are perhaps more likely to value what the domain stands for. Some of their customers perhaps. If you go back and look at what companies were doing with domains 20 years ago most medium and large enterprises bought .com, .org, .net and some country code tld domain because that's what everyone recommended "in case someone cybersquatted". I think behaviour has stopped now there ar…
.org customers are not businesses, it's the non-profit
20 years ago businesses bought the .org for whatever trademarks they owned to stop someone else grabbing it. Same for .com (which they used) and .net. They usually pointed all three domains to the same place. That activity has stopped. There will be far fewer .org domains sold today because businesses have stopped doing that.
Re: The .Org Fire Sale: How it sold for less than half its valuation
#103Earlier quoted context omitted.
Why would anywhere else have legal power to? .org doesn't sell domains directly to consumers, and ICANN is intentionally centralized, up until a few years ago being owned by the US government. US-owned US-created top-level domains are hardly an international affair. You could argue that DNS is broken, and that ICANN is bad, but there's no legal argument for .org being subject to foreign governments.
thats a very US-centric view. not everything is monetary, certain things are simply setup with intent of management and responsibility in a global world. DNS is one of those things, GPS another. do note that neither of these are exclusively owned by the US, but rather that the US owns the responsibility to maintain these services that we all use. even the dollar as reserve is a fickle thing that could change if the r…
You were doing well until you dragged GPS and the dollar into the argument. Those are US assets and the US are free to dispose of them as they see fit, no ifs or buts. The rest of the world chooses to piggyback on them because why not, but everybody knows US military and economic requirements will always come first on those platforms.
What you should have brought up, really, is the UN. The US pays for most of what is effectively a common good, because it derives prestige, influence, and material advantages (indirect control of a huge chunk of diplomatic communications, tons of money from workers and diplomats stationed there, etc etc) from hosting it.
And sure enough, the UN has a specialized agency that would have been the natural destination for a global communication service: the ITU. Sadly, the ITU is (in)famed for being a political clusterf#ck, so a choice was made by the Clinton/Gingrich generation of US politicians to keep the internet well away from it. That might have been a wise choice at the time, but we've since seen the drawbacks of that choice: instead of getting captured by known evils with some (small) degree of accountability, dns was captured by a bunch of new evils that answer to no one. That way lies oligarchy, as Russia showed in the last 30 years.
Re: The .Org Fire Sale: How it sold for less than half its valuation
#104Maybe they can use the money to buy some shares in Ethos. They seem to be going places.
Re: The .Org Fire Sale: How it sold for less than half its valuation
#105I wrote about this too - linked in the article. https://lancewiggs.com/2019/12/01/did-isoc-leave-1-billion-o... The travesty is that ISOC has given up a sure-fire stream of $55+ million/year in tax-free income, along with the ability to easily grow that to over $100m/year with price increases - all for just over $1.1 billion. As any r/personalfinance reader can tell you a rule of thumb for endowments is to spend a ma…
>> is to spend a maximum of 4% of your assets each year. OT. Isn't 4% also the rule of early retirement, that is if you can live of 4% of your savings you can retire? Can anyone clarify if this rule applies for both individual and corporate? If so, how would be even more interesting to know?
Yes. Generally and for the purposes of this discussion, individuals and corporations can both buy investments in the public markets with similar risk/return profiles. Hence the spending ratio works out similar.
The 4% spending ratio theoretically varies with market performance but evens out over time. 7-8% typical returns for a total market index/etf, minus a couple % to account for inflation.
Re: The .Org Fire Sale: How it sold for less than half its valuation
#106I wrote about this too - linked in the article. https://lancewiggs.com/2019/12/01/did-isoc-leave-1-billion-o... The travesty is that ISOC has given up a sure-fire stream of $55+ million/year in tax-free income, along with the ability to easily grow that to over $100m/year with price increases - all for just over $1.1 billion. As any r/personalfinance reader can tell you a rule of thumb for endowments is to spend a ma…
There is a chance that the fire sale price will help keep .org prices from skyrocketing. Maybe they did .org domains a favor.
In what universe is that the case? Prices are going to raise by at least 10% per year from now until the end of time.
that is doubling every 7 years thereabouts, far far far higher than inflation or cost bais increases would demand
Re: The .Org Fire Sale: How it sold for less than half its valuation
#107Earlier quoted context omitted.
Why would anywhere else have legal power to? .org doesn't sell domains directly to consumers, and ICANN is intentionally centralized, up until a few years ago being owned by the US government. US-owned US-created top-level domains are hardly an international affair. You could argue that DNS is broken, and that ICANN is bad, but there's no legal argument for .org being subject to foreign governments.
thats a very US-centric view. not everything is monetary, certain things are simply setup with intent of management and responsibility in a global world. DNS is one of those things, GPS another. do note that neither of these are exclusively owned by the US, but rather that the US owns the responsibility to maintain these services that we all use. even the dollar as reserve is a fickle thing that could change if the r…
GPS is a US Military Asset, 100% owned and operated by the US Military. They allow civilian use of a part of the GPS system during peacetime
If another World War breaks out, or major conflict that the military deemed necessary they can and will cut off all Cilivian access to the GPS Network
This is why Russia has its own, and China is in the process of Deploying its own, and the EU has considered deploying their own as well.
Re: The .Org Fire Sale: How it sold for less than half its valuation
#108This is a good chance to stop our dependence on DNS and move to things such as .onion domains instead (which by the way help avoid the whole certificate CA mess).
Absolutely agree. Every site should also available on the onion network. This would put some pressure on DNS operators. This would also help dissociate the onion network from criminal activity. The more sites become available as hidden services, the more legitimate the network becomes.
Re: The .Org Fire Sale: How it sold for less than half its valuation
#109Earlier quoted context omitted.
thats a very US-centric view. not everything is monetary, certain things are simply setup with intent of management and responsibility in a global world. DNS is one of those things, GPS another. do note that neither of these are exclusively owned by the US, but rather that the US owns the responsibility to maintain these services that we all use. even the dollar as reserve is a fickle thing that could change if the r…
GPS is a US Military Asset, 100% owned and operated by the US Military. They allow civilian use of a part of the GPS system during peacetime If another World War breaks out, or major conflict that the military deemed necessary they can and will cut off all Cilivian access to the GPS Network This is why Russia has its own, and China is in the process of Deploying its own, and the EU has considered deploying their own…
EU is also in the process of deploying its own: Galileo.
Re: The .Org Fire Sale: How it sold for less than half its valuation
#110This is a good chance to stop our dependence on DNS and move to things such as .onion domains instead (which by the way help avoid the whole certificate CA mess).
Absolutely agree. Every site should also available on the onion network. This would put some pressure on DNS operators. This would also help dissociate the onion network from criminal activity. The more sites become available as hidden services, the more legitimate the network becomes.
I agree, but I would say that .onion addresses should already be seen as being entirely legitimate. Let's not forget that Facebook's onion address (facebookcorewwwi.onion) is the main target of "darknet" traffic by a very wide margin.