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i fail to see the ethical dubiousness, though. people who can afford to buy land they don't build on are (in most cases) not doing anything unethical. for lots
by rubyrescue 15y ago
i fail to see the ethical dubiousness, though. people who can afford to buy land they don't build on are (in most cases) not doing anything unethical. for lots of arbitrary reasons domains are a limited resource. that could change but as it is, domains are like NYC cab medallions. there could be a very legitimate argument that they shouldn't be so scarce, but they are, and owning one is a good, somewhat risky investment. i don't see the difference between owning any of these limited resources with the goal being future sale and profit.
- comex 15y agoMost types of investments are either beneficial somehow to the market or economy - investing in the stock market is said to promote liquidity - or at least neutral. Domain squatting benefits only ICANN, and on the other hand is actively harmful to people trying to do interesting things with domain names.