I've looked at HNS and ENS a bit. I want a domain on both, but haven't bought any. The biggest problem is having to deal in crypto currency. In Canada buying

I've looked at HNS and ENS a bit. I want a domain on both, but haven't bought any. The biggest problem is having to deal in crypto currency. In Canada buying and selling crypto currency is similar to dealing with stocks. You need to track it like an asset and both sales and transfers create taxable events. Imagine you want to buy a 2x4 at Home Depot. In the crypto equivalent world, you'd have to provide KYC / AML information to an exchange that supports Home Depot to get an account, buy Home Depot stock, use the stock to buy lumber, sell your excess stock, and claim any relevant losses / gains on your taxes. It's a hilariously bad user experience. Then on the ENS side the fees are insane. To buy a "$5" .eth domain right now shows me .001 ETH (they try to keep it around $5 USD) for the domain plus .083 (~$285) ETH for gas fees for ~$290 total. I went as far as signing up to an exchange to get a .eth domain and that exchange charges .008 ETH to transfer my money off the exchange which is another $30. So all in, right now it would cost me (up to) $320 USD to buy a "$5" .eth domain. Paying $315 in fees to buy a $5 good doesn't seem like the free market efficiency the crypto crowd is selling. To me it feels like a bit of a grift where whoever's getting those fees is taking a ton of money out of the system. Then if you jump over to the HNS side, the exchange I signed up with doesn't support HNS, so I would need to provide them (HNS) KYC levels of identity verification too and I'm not willing to do that because they're not listed in FINTRAC (Canada's AML regulator). I think Coinbase would be ok, but what a hassle!