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There are some proposals that use mechanisms like Harberger tax to combat squatting. https://discuss.ens.domains/t/highlight-robin-hansons-more-owner-forgiving-

• theamk 7y ago
  For DNS, does that mean that if Facebook wants any domain I own, like my homepage for the last 20 years, they'll just get it? Because an amount of money I can afford to protect it is tiny compared to FB's marketing budgets.