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This blocked the sale of the .org registry - in effect the sale was an extinction level event for the registry - we are all glad it was blcoked and one hopes th
by aurizon 7y ago
This blocked the sale of the .org registry - in effect the sale was an extinction level event for the registry - we are all glad it was blcoked and one hopes they will not try a backassward method to gain the sale. Think of it, a $360,000,000 debt, let's say at a 10% rate to some friends = $36,000,000 interest force sucked from the domain every year at the least and over 10 years another $36,000,000 annually (the interest will decline linearly). Add to that salaries of the god-like high order people managing it - all worth at least 1-2 million a year and the servers, techs etc. = on the order of $100,000,000 a year.
All this on the back of the ~~10 million .org name holders all for nothing another $10 added on. The usual business must continue as a non profit it was $12 per year for a domain, so this will now go to $22.00. it nearly doubles the cost and economics tells us that sales will halve.
So now we have 5 million under the yoke of $100 million in costs = $20 each + the $12 = $32.00 and a further decrease.
Sure some will pay, many will say nowego away now. As they say, an ELE has been dodged - stay alert for version 2...