Cybersquatting is one prime example of value extraction vs value creation. HugeDomain has sat on my obscure family name's .com domain name and wants to sell it

Cybersquatting is one prime example of value extraction vs value creation. HugeDomain has sat on my obscure family name's .com domain name and wants to sell it to me. Every year their price goes up a thousand dollars. Hot take: We should work towards dethroning .com as the default so that all the people who trade domain names lose all the money they had never earned. I'm also for a more expensive .com base price. Some of the things that make moving away from .com hard is the blanket gtld level email/traffic bans in Sophos and other security firms