3 ms·
If you truly believe in the market, then things are worth what someone's willing to pay for them. If I buy a domain for $9.95 and then try to sell it to someon
by nico 17y ago
If you truly believe in the market, then things are worth what someone's willing to pay for them.
If I buy a domain for $9.95 and then try to sell it to someone for $15,000, but they won't pay, then I'm pretty sure it's not worth $15,000.
The problem is when people/companies whose domains have been squatted, pay the squatters, hence making it a profitable business.
In spite of the above, I believe there should be better regulation mechanisms to let people/companies protect their names/trademarks. Although probably those mechanisms/policies will be exploited in someway too.