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> The price of domains should trend down. not up. Why? The value of a dollar goes down over time, but the value of a domain does not.

by ebg13 7y ago

DailyHN 7y ago
I'd bet Moore's law has outpaced inflation. The value of high-demand domain names should increase on the secondary markets. But, the price of unregistered names should be decreasing.
Tepix 7y ago
It's not about the value of the name, it's about the cost of running a TLD.
- jandrese 7y ago
  The cost of running the system is trivial. Domains are more like real estate. They can become almost arbitrarily expensive on the global market because they represent a somewhat exhaustible resource of phrases that people can actually remember. As with any system where you have private resource owners controlling a basic need you should expect corruption and abuse of the customer base. From Water Barons to Landlords to Cable/Broadband companies the pattern repeats itself time and time again. This is why we have regulated industries.
  - vxNsr 7y ago
    But the governing org shouldn't be the one extracting that value. their job is govern and to some extent regulate. anything else is outside their domain.
    - jandrese 7y ago
      If not the governing org then who? It's not in the public interest to facilitate or encourage rent seeking. To the extent that price differences are inevitable in a market based system (where we assume the party most worthy of a domain is the one willing to put the most money into acquiring it), it only makes sense that the money be used for the public good.
lostlogin 7y ago
Who gives a TLD it’s value? I don’t think it’s ICANN.
gmiller123456 7y ago
>The value of a dollar goes down over time. Value and Cost are very different things. ICANN is a governing organization, and once they're allowed to extract funds greater than what it costs them to operate, just means they're abusing their power.

> The price of domains should trend down. not up. Why? The value of a dollar goes down over time, but the value of a domain does not.

by ebg13 7y ago

> The price of domains should trend down. not up. Why? The value of a dollar goes down over time, but the value of a domain does not.

DailyHN 7y ago

I'd bet Moore's law has outpaced inflation. The value of high-demand domain names should increase on the secondary markets. But, the price of unregistered names should be decreasing.

Tepix 7y ago

It's not about the value of the name, it's about the cost of running a TLD.

jandrese 7y ago
The cost of running the system is trivial. Domains are more like real estate. They can become almost arbitrarily expensive on the global market because they represent a somewhat exhaustible resource of phrases that people can actually remember. As with any system where you have private resource owners controlling a basic need you should expect corruption and abuse of the customer base. From Water Barons to Landlords to Cable/Broadband companies the pattern repeats itself time and time again. This is why we have regulated industries.
- vxNsr 7y ago
  But the governing org shouldn't be the one extracting that value. their job is govern and to some extent regulate. anything else is outside their domain.
  - jandrese 7y ago
    If not the governing org then who? It's not in the public interest to facilitate or encourage rent seeking. To the extent that price differences are inevitable in a market based system (where we assume the party most worthy of a domain is the one willing to put the most money into acquiring it), it only makes sense that the money be used for the public good.

lostlogin 7y ago

Who gives a TLD it’s value? I don’t think it’s ICANN.

gmiller123456 7y ago

>The value of a dollar goes down over time. Value and Cost are very different things. ICANN is a governing organization, and once they're allowed to extract funds greater than what it costs them to operate, just means they're abusing their power.