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My mom taught me about scarcity with land. She always said someone like Benjamin Franklin said, "Buy land, they don't make it anymore". The same concepts tend
by ErikAugust 6y ago
My mom taught me about scarcity with land. She always said someone like Benjamin Franklin said, "Buy land, they don't make it anymore".
The same concepts tend to exist in the digital world. They don't have to exist in the digital world, but surprise! Us humans make it so. NFTs, for example. They prove that a particular configuration of bytes, which can be replicated exactly (!) at zero cost, have value to people. Scarcity value.
Therefore, only so many "good" TLDs, and names within that given TLD.
You can rage against it, but you will end up achieving nothing.
- TeMPOraL 6y agoFortunately, since this is not natural but artificial scarcity, a lot can be done about it - see e.g. Denmark's approach to domain ownership[0]. On a broader point: > The same concepts tend to exist in the digital world. They don't have to exist in the digital world, but surprise! Us humans make it so. Yes. And that's what's ruining the digital world. People creating artificial scarcity to extract money from trading things that should be freely accessible, instead of finding a business model where one gets paid by contributing something of value to the society. -- [0] - https://news.ycombinator.com/item?id=26422159 https://news.ycombinator.com/item?id=26422159