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On the profit-type scale going from "doing a service" to "extortion," sitting on domains you have no use of feels much closer to the extortion end.
by seph-reed 6y ago
On the profit-type scale going from "doing a service" to "extortion," sitting on domains you have no use of feels much closer to the extortion end.
- celticninja 6y agoThat's a lot of hyperbole. Just because it is more useful to someone else doesn't make it extortion.
- seph-reed 6y agoCloser to the extortion end of the gradient. I don't like to think of adjectives as binary on/off. IMO, they're fuzzy bell curves, overlapping with each-other, with plenty of space in between. Calling this a "service" would also be a hyperbole I think. It's somewhere in between.
- p1necone 6y agoIt's rent seeking at best. You're providing no value to anyone by sitting on it.
- hansvm 6y agoYou're "reserving" the domain for whoever values it the most so that some random blogger can't blissfully operate their website and refuse all sales to MegaCorp Inc. I'm not sure that's beneficial overall, but it's a value-added service to MegaCorp.
- seph-reed 6y agoSome random blogger would probably sell for less. Also, you said it, but the whole revolving around the wealthy thing is kind of ridiculous given they can totally fend for themselves.