Comment by asdfman123
11 hours ago
They need Georgism for DNS names. You set your own price for your domain. But you have to pay 2-5% of that price annually to keep it.
That way, squatters are incentived to sell it to someone who's going to use it.
11 hours ago
They need Georgism for DNS names. You set your own price for your domain. But you have to pay 2-5% of that price annually to keep it.
That way, squatters are incentived to sell it to someone who's going to use it.
You’ve just described registry premium domains. The .com registry operator is bound by a bunch of pricing restrictions but that’s not true for most other registry operators. And so, registry premium pricing was invented to defeat domain investors by making desirable domains more expensive. Want to register chat.now? That’s $5,000/year. Ai.now is $20k/year.
Sounds like a great way to have larger competitors with more capital bid for your site to take down your domain that your users were using. Rather than Land Value Tax a better analogy might be a Vacant Property Tax which only targets squatting.
The problem with that is the squatters would just turn it into a low quality blog or something along those lines.
My personal website is a "low quality blog" but I definitely feel that it shouldn't be up for grabs because I don't want to pay thousands of dollars a year.
1 reply →
Pay 2-5% to who? That's the problem for me - usually this means just another way to expand government. If you would just distribute it equally to all relevant citizens, with none of it going to the government, then I might get on board.
https://en.wikipedia.org/wiki/Harberger_Tax