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by ryanlol 2317 days ago
Okay so the complaint is essentially “this doesn’t feel fair!”. I guess this really does come down to envy, just as another commenter pointed out.

>but harms the end consumer

It doesn’t though, without the second hand market someone would be using that domain for something silly and you wouldn’t get it anyway.

> Consumer first, companies second, random third parties last

But companies are the primary consumers in the domain name market. Internet end users benefit from squatting because the companies doing something with value are the only ones who end up actually using the good domains.

1 comments

> It doesn’t though, without the second hand market someone would be using that domain for something silly and you wouldn’t get it anyway.

Please explain why you think this.

Also, what could be more silly than doing nothing with it, except wait for a sufficiently-funded buyer?

>Please explain why you think this.

Because without the secondary market there’d be no incentive for anyone to give up a domain. At least now the domains actually end up with parties willing to pay a fair price for them.

Nobody is proposing we get rid of the secondary market, so you can stop proposing that straw man argument.

I'm not saying we should get rid of the secondary market. I'm saying the secondary market should consist of entities who are making a good-faith effort to make use of the domains, not middlemen who actively suck value out of the system while contributing nothing.

Doesn’t sound like that would really make a meaningful difference. You’d just end up with loads of automatically generated garbage websites.

Nothing less than the “strawman” of eliminating the secondary market is going to achieve anything at all.