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    Auerbach Weighs in for gTLD Lotteries | Log in/Create an Account | Top | 49 comments | Search Discussion
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    Re:Pyramid Schemes
    by Anonymous on Wednesday April 09 2003, @11:16AM (#11476)
    "Domain name service is a service sold to the public."

    artificially restricting new second level domains to the consumer market place that is in near infinite supply is the same as NOT allowing DNS services for sale into the market place that, in turn, drives (new) members that desire to participate to do so under established rules of the status quo to the personal gain of a minority few. That's a mouthful that you have not refuted.

    "If the comment asserts otherwise, then it is based on a misunderstanding of the definition of a pyramid scheme or is a deliberate falsehood."

    you can say it but you have not refuted the argument. In the DNS market exchange, are not a minority receiving benefit and are not these parties motivated to drive new members (consumers)to the status quo? And, at the very same time, are not mechanisms to increase DNS services (i.e. new supply from willing parties) being artificially restricted at every turn and by these same existing stakeholder parties receiving benefit from the status quo? If "yes" then please explain how this does not fit the definition of a pyramid scheme.
    [ Reply to This | Parent ]
    Re:Pyramid Schemes
    by Anonymous on Wednesday April 09 2003, @11:55AM (#11477)
    Let's take an example. A consumer in the services market place is interested in "acquiring" abc.existingtld. It's not available (a common occurrence that is without debate). This consumer (or new member)is driven to the after-market where the average price to acquire is 10 x normal retail. The after-market is filled with accredited parties motivated to acquire deleted domain names because this is where new members for DNS services are being driven to. This is a fact else these accredited parties would not invest their time and resources into it. One particular accredited party invents a wait list service for a fee (for similar motivations as those by the accredited parties investing resources to acquire deleted domains). Any consumer in the DNS services market place that chooses to participate is, by default, a new member to the scheme. The artificial restriction of abc.newtld maximizes the pyramid scheme driving up costs of participation with the existing services market place. It is the recruitment of new members to existing practices for personal gain rather than motivating the sale of near similar goods and services into the market place (i.e. mechanisms to influence the existence of secondlevel.newtld that is fully within the authority of the stakeholder parties dictating the scheme).
    [ Reply to This | Parent ]


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