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You're making broad assumptions on a lot of people. Some domainners have lots of domains & develop lots of them into valuable properties. Sure - they have a fe
by joelrunyon 12y ago
You're making broad assumptions on a lot of people.
Some domainners have lots of domains & develop lots of them into valuable properties. Sure - they have a few that are parked - but that's a percentage.
Typically - money is a measure of value you add to the world. They have to be adding some sort of value in the world or they wouldn't be able to extract value from their activities.
- ASneakyFox 12y agoGive one example
- wpietri 12y agoOn average, money is a measure of added value. But plenty of people extract cash without creating value. Thieves, for example. Corporate raiders. Many speculators in the financial market. People running protection rackets. People running MLM schemes. The classic medieval example is a bandit or a warlord who take over a section of road and extracts tolls. He didn't build the road, but he can extract plenty of money as long as he controls it.