[HN Gopher] A Hand Wavy Defense of Domaining
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       A Hand Wavy Defense of Domaining
        
       Author : floverfelt
       Score  : 9 points
       Date   : 2023-07-03 18:10 UTC (4 hours ago)
        
 (HTM) web link (floverfelt.org)
 (TXT) w3m dump (floverfelt.org)
        
       | dogleash wrote:
       | >I know HackerNews thinks gail.com is really clever/cool, but
       | imagine if every single domain was like this.
       | 
       | Most domains already are. If it's not one lucky Gail, it's a
       | random sub-sub-brand of a corporate behemoth who got there first,
       | and all the content served from the domain amounts to nothing
       | more than an advertisement flyer (or a 302 to the parent
       | company). In the grand scheme of things, Gail's domain is
       | probably the preferable allocation.
       | 
       | But these conversations are boring. I don't think there's any
       | method for good allocation of the domain space. And anyone who
       | defines commercial activity as a proxy for measuring good use of
       | a domain has already decided the allocation scheme they prefer.
        
         | floverfelt wrote:
         | What's the alternative if not based on commercial activity?
         | Lottery?
        
           | dogleash wrote:
           | Not what I'm saying. There's two separate ideas in that
           | paragraph. 1) allocation strategy and 2) measuring success of
           | an allocation strategy.
           | 
           | Our first-come with modest renewal + transferable + UDRP is a
           | strategy. Complaining that someone ought not to have a
           | certain domain based on their use is based, at least
           | implicitly, on a measurement.
        
       | amadeuspagel wrote:
       | Whenever you register a domain you should be asked what you would
       | sell it for. That would increase the amount of domains available
       | for sale and lower prices. It would also be a good business for
       | domain registrars.
        
         | chrisbolt wrote:
         | Why wouldn't everyone answer a million dollars?
         | 
         | How does this account for domain value changing over time, as
         | you depend on it more?
        
           | c7b wrote:
           | A fairly straightforward mechanism to deal with this is to
           | make the price that you have to pay proportional to your
           | reserve price. It's an established theoretical concept:
           | https://en.wikipedia.org/wiki/Harberger_Tax but afaik there
           | are no notable real-world implementations so far. I'm not
           | deeply familiar with it btw, and not advocating for or
           | against it, just fyi
        
           | amadeuspagel wrote:
           | Because then no one would buy it.
        
         | kneebonian wrote:
         | Nah I get "domain brokers" reaching out to me sometimes for
         | selling domains that I'm just sitting on and when they ask I
         | usually tell em I'll sell it for $300,000 because I have no
         | intention of selling them.
        
         | JohnFen wrote:
         | I don't follow. Why would being asked/answering this question
         | result in that?
        
           | hakfoo wrote:
           | I think it needs to be tied to a consequence for it to all
           | fit together. The stated price would be effectively a binding
           | offer to sell at any time.
           | 
           | It reminds me of the "24 Hours of Lemons" joke racing series.
           | The rules require participants to send in a car worth less
           | than $500. To enforce this, the operators reserve the right
           | to buy any participating vehicle for $501. If you act in bad
           | faith and under-price your entry, you get it bought out from
           | under you.
           | 
           | The problem is that works well for enforcing an upper bound
           | on price. You need a different model for enforcing a lower
           | bound. Maybe the renewal fees are scaled according to the
           | stated price to provide a reason not to claim everything is
           | worth millions.
        
             | mike_d wrote:
             | I'll pay whatever the "buy it now" price is for your
             | personal email domain. Within a few hours I can get
             | password resets for all your accounts. Bank accounts I wire
             | all your money out, sell off your short Twitter handle,
             | scrape data from your other accounts and sell it off to a
             | broker.
             | 
             | You've just invented fire sales for people.
        
             | JohnFen wrote:
             | I still don't understand how this would result in what the
             | commenter says.
             | 
             | I have domain names that I've been using for 20 years or
             | so. They are not for sale, and will never be for sale. If
             | I'm forced to put a price on them, that price is binding,
             | and I'm not allowed to set it so high that nobody would
             | ever pay it, is that not the same thing as forcing me to
             | relinquish my domain names? Doesn't that eliminate all of
             | the value of a domain name?
        
           | amadeuspagel wrote:
           | When you register a domain, you are prompted to put it for
           | sale. You don't have to. As the article points out, a lot of
           | people register domains for optionality. Maybe one day I'll
           | use that for a project. And that optionality isn't worth an
           | infinite amount of money.
        
       | mike_d wrote:
       | People who don't own $valuable_asset believe that it should be
       | regulated and there should be mechanisms in place so that
       | everyone has some $valuable_asset.
        
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       (page generated 2023-07-03 23:02 UTC)