So in short you only want corporations to be able to buy domain names.So much
for the Internet being a means by which the Average Joe can create a business in
a nice part of town. If a corporation wants to buy Business.biz, they will buy it
from the current owner. And if they can afford it, great.
But your suggestion totally
screws over the Average Joe at every turn--because he CAN'T afford it.
LOL. . .
I don't believe it. Your solution to the sporadic domain resale in the current
state of things (via auctioning and private queries) is to institutionalize a MASSIVE
Internet Auction.
You see this as a SOLUTION to Business.com's inflated price?!
If anything, it creates the same condition for ALL domains. Every one of them.
Is
your solution to having a few scraped knees, to totally rip off everyone's skin?
That
isn't CURING the perceived problem. That is advancing it.
No, you can't be serious.
You have to be joking, or else you hadn't thought out your proposal very well.
Besides,
there are an infinite number of possible domain names. You want them ALL on the auction
block?
That suggestion was astoundingly naive. And it damns the regular guy on
the street.
Is anyone checking IDs at the door?
Having said all this, I
DON'T condemn the resale of domains any more than I condemn the resale of houses
and store fronts.
Economics 101:
* Entity "A"
owns Blah.com.
* Entity "B" wants to put its business on Blah.com
* Entity "B" gives Entity "A" and offer for Blah.com
* Entity
"A" sells Blah.com to Entity "B."
* Entity "A" is happy with its
profits.
* Entity "B" is happy with its domain, and is seeking profits
of its own.
* When the transaction was completed, REGISTRAR 1 made
some money for the resale in the form of the registration fee.
*
And therefore REGISTRY 1 made a profit as well.
* Income tax is
paid on the earnings of Blah.com, filtering money into society, theoretically to
beneifit all.
BUT WAIT. IT AIN'T THE END OF THE STORY:
* Entity "C", who has NOTHING to do with this transaction, comes along and
whines that it took place, even though there is a buyer who wanted to buy and a seller
who wanted to sell. In G-d's Name, what pickle is impacted into Entity "C"'s
sphincter? ANSWER: some wild notion of abolishing the principles of Economics
101 that have existed since the Dawn of Time.
Let's get
this straight:
Registering AmericanAirlines.biz is cybersquatting and extortion.
Registering Planes.biz, and then later getting an offer and reselling it, is NOT
cybersquatting and extortion. It is the exchange of a generic commodity for profit.