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by jessriedel 3843 days ago
Historically, who in this chain collected the seigniorage for domain names worth much more than the transaction cost, i.e., email.com? Just whoever snatched it up first, usually a reseller? I always wondered domain names weren't auctioned off like other scarce resources whose initial distribution is controlled by the government, such as wireless spectrum.
1 comments

> Just whoever snatched it up first

Yes.