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    CIRA Suspends Participation in ICANN (and Payments!) | Log in/Create an Account | Top | 7 comments | Search Discussion
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    O Canada, we stand on guard for thee!
    by GeorgeK on Saturday March 18 2006, @10:58AM (#16646)
    User #3191 Info | http://www.kirikos.com/
    How did you figure it out? Let's see, my nickname on ICANNWatch is "GeorgeK", and it links to my personal website, as do the signatures on various domain name forums, where I also participate under my real name. Good work, Sherlock! Maybe in your next post, you'll reveal to us more juicy "finds", perhaps you'll tell gentle readers you've discovered George Bush secretly resides at 1600 Pennsylvania Avenue.

    Unlike VeriSign, domain registrants (and registrars) like myself operate in a highly competitive market -- similar to those who are real estate buyers, art buyers, or buyers in many other markets. We were not granted monopolies like VeriSign, or the local water or electrical utilities.

    As for owning some nice domain names -- so what? Am I supposed to feel ashamed? Do you whine that P&G owns Beautiful.com and has a "monopoly" on it, and is "porking" you if they decide to sell it? Do you bemoan the fact that Symantec sold "on.com" for a large price recently, far above $6? They must have put a gun to that buyer's head, to fork over the bacon, or else! Or that Yahoo has contests.com parked? Does an owner of a Picasso painting "hoard" it, because they won't sell it to you for the costs of the canvas and paints?

    In your Communist dreamworld, those like myself who have personal assets are evil, as they are "hoarding" things that you desire for free. Guess what, domains aren't the only items I'm "hoarding" -- I presume you won't be happy unless I give up my bank accounts, my computer, the land under my feet, my socks, and even my underwear! Workers of the world unite!

    Here's a clue, Lenin --- the Revolution failed. VeriSign's not bad because they want "more" -- they should be opposed due to the means they wish to use, leveraging their special position as Registry. If they wanted to raise the price of SSL certificates, a competitive market, I and others wouldn't say a word. That's the difference, and that motivates all those who are opposed to VeriSign's unacceptable desires.

    By the way, I only own a few hundred domains. There are many others who own thousands, and I'm sure they don't feel guilty about it, nor should they. They can shop 'til they drop in this capitalistic society, just as Donald Trump or a local business person is allowed to buy as much property that they can afford.

    While I'm flattered to be the center of your universe, that you feel I am so important, even "famous" in your mind, I own less than 0.001% of all .com domains. Once you get over your domain-envy, there are 99.999% of the .coms out there, for you to try to acquire. Or you can register a brand new unregistered domain name, for under $15 at most registrars.
    [ Reply to This | Parent ]
    O Canada, we stand on guard for thee! by GeorgeK
    Starting Score:    1  point
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    Re:O Canada, we stand on guard for thee!
    by GeorgeK on Saturday March 18 2006, @07:21PM (#16648)
    User #3191 Info | http://www.kirikos.com/
    Show me a person who thinks a 0.001% market share is a monopoly, and I'll show you a moron.

    Fact is, it is entirely consistent and non-hypocritical to be a profit-maximizing agent in a competitive market, as I am, yet be AGAINST monopolists like VeriSign abusing their real monopoly power. Just like Donald Trump can complain if regulators raise the price of electricity in his buildings or the cost of mandatory building permits.

    Where you make your mistake is thinking that it's hypocritical for one group of "rich people" to be against another group of "rich people". Bzzzzt, happens all the time. One group of people can be proud of how they made their money -- in the trenches, through hard work, risk-taking, and merit. Those adjectives do not describe VeriSign or other abusive monopolists.
    [ Reply to This | Parent ]
    Re:O Canada, we stand on guard for thee!
    by GeorgeK on Sunday March 19 2006, @05:49AM (#16650)
    User #3191 Info | http://www.kirikos.com/
    Your math is way off (notice the % sign, which means you divide by 100) --- 0.001% of 50,000,000 = 0.00001 x 50,000,000 = 500 domains (and I also used the words "less than", so 500 gives you an upper bound). I'm not hurt much personally, but the domain industry as a whole is hurt to the tune of BILLIONS of dollars when you discount the total to today. That's why folks oppose this giveaway -- they wouldn't have won anything close to this in a case against ICANN.

    Remember, the increase would be 7% in the FIRST year, so $6.42 is not the final price. Using the rule of 72, prices would double every 10 to 15 years (depending on whether you think VeriSign will find a way to get the 7% in the 2 out of every 6 years that they have to "justify it". So, prices would go to $12, then $24, then $48, then $96/yr, and so on.

    There are folks who own 100,000+ domains, and those who own 1 domain. We can all be against bad ICANN decisions.

    It seems the only folks FOR the ICANN-VeriSign decision are bad at math, or have other agendas. :-P
    [ Reply to This | Parent ]
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