9 ms·
It's rent seeking at best. You're providing no value to anyone by sitting on it.
by p1necone 6y ago
It'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.