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Username: friedrich
Date/Time: Wed, July 5, 2000 at 4:18 PM GMT
Browser: Microsoft Internet Explorer V5.01 using Windows NT
Score: 5
Subject: Diamonds forever ... by auctioning gtlds

Message:
 

 
               1. Is it fair to sell diamond rings at 3.5 million $, if they didn't cost anything and they are only expensive, because someone silently keeps 99.99% in storage and just sells a 0.01% of them? What a nice market strategy! But where will the money go?
               2. Is it good to have a 3.5 million worth domain name "sleep" for 10 years until some big boy decides to buy it?

I am not fanatic for introducing hundreds of new gtlds, but it would still be the better solution, because then your "diamonds" will be treated like what they are: normal glass stones as all the others.

Only artificial scarcity turns them into "diamonds".

If it is for the benefit of the state, why aren't we just  talking about new taxes? Probably we even are ...

Regards,
Friedrich
     

 


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