7 ms·
this is called enterprising. They aren't pretending to be you, they are just buying generic domain names that might be useful to someone in the future. You ca
by BitGeek 19y ago
this is called enterprising. They aren't pretending to be you, they are just buying generic domain names that might be useful to someone in the future. You can either buy them from them, or give them a pass.... that's your choice.
But it seems like you're offended that they offered them to you and that's a waste of energy.
- edw519 19y agoThey provide no value to anyone and hold intellectual property hostage for nothing other than their own personal gain. What you call "enterprising" I call "pigs feeding at the trough". Maybe they should find a way to provide value to someone else instead of domain squatting. Now, THERE'S your waste of energy.
- BitGeek 19y agoThey are providing value- they risked their own capital to speculate on a domain name that might be valuable in the future... just like anyone who buys swampland hoping to drain it. They took risk, they identified a customer for their property, etc. All these things add value. They aren't holding intellectual property hostage. And by the way, when is personal gain evil? Do you go to work each day primarily to benefit other people, rather than yourself:? They are providing added value, they registered a domain that someone else didn't think of. The problem here is, that you regret not registering it, and so you, rather than accepting blame for your own failure, are blaming the person who was smarter or faster than you. Back in the 1990s, I looked up USWeb.com. I almost registered it, but was on the fence, then went back three days later to register it and found that it had been taken the day after I thought of it-- and that company became a big company eventually before the bust. Were they holding my intellectual property hostage? No. Where does this sense of entitlement come from? IT reminds me of people who build a house in a neighborhood and then complain because a walmart gets built nearby... as if they think they somehow have property rights in the land that walmart bought. LOL.
- falsestprophet 19y agoNo. They are speculating, which does not generate wealth.
- dreish 19y agoIt can generate wealth in markets where accurate prices lead to more efficient allocation of the resources needed to produce the good in question. That's great for physical commodities, but it doesn't take a genius to see that this doesn't do any good with domain names. It takes a committed libertarian to fail to see that, though.
- noonespecial 19y agoA libertarian would think this kind of thing is repugnent as well. The difference is that a libertartian's first response would not be "we should pass a law forbidding this..."
- falsestprophet 19y agoInvesting is not speculating.
- Kaizyn 19y agoYou mean just as speculating in the mortgage securities market has led to economic prosperity? Oh wait...
- byrneseyeview 19y agoReally? It's obvious to me (and you) that sex.com is worth more than american-rivet-supply-corporation.net, but the question of how much more the first is worth is one that should have ramifications -- for example, if sex.com just goes to the first person to register it, it may end up as a popular, disappointing sexual education site -- if it goes to whoever pays the most, it's going to do whatever earns the most. If someone else has a better use for octopart.cn, they'll buy it; if the Octoparts are the best possible users, they'll pay for it. If octopart.cn is worth more than X, where X is what they pay to get it, they're still ahead (just less so than they could be). If not, octopart.cn is overpriced from their perspective, and will end up going to whoever thinks it's cheap.
- chaostheory 19y ago"this is called enterprising. " this is called being a jerk