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New.net Responds To Lynn Plan
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Okay Michael, let's talk merit. According to New.net, market forces should decide, not governance. How flawed is that logic? Well, market forces have their impact in spite of governance. Ask any speculator. Watch, due to market forces, New.net won't be selling many names in the near future. The market is saturated with TLDs now, despite governance.
New.net is just crying "change ICANN", because the current ICANN will have no part of New.net's scheme. New.net stayed around for this long due to speculators and squatters, period. But speculators have learned that the IP lobby's support is required for any system to succeed. ICANN has nothing to do with New.net's success or failure. Granted, inclusion into the USG root guarantees a degree of success, but working around ICANN's root does not guarantee failure either.
If New.net really believed in itself, ICANN would be a non-issue. But New.net now must scream, bitch, and moan about ICANN, because the realization has set in that New.net will not succeed on its own.
After all, New.net sucked money out of speculators' pockets claiming they didn't need ICANN in order to succeed.
Now they're just flailing helplessly, while the revenues dry up due to customer dissatisfaction.
The paper is a smokescreen, and you fell for it.
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