Oddbean new post about login | logout can anyone explain to me why the price of a TLD would need to increase?
Because the money is less valuable have u heard of Bitcoin
but I would think that the maintenance cost of a DNS service would be flat if not decreasing. so I would think the price I would pay would just be flat. I don't understand why some of the prices would double.
Prices also increase because of subjective value by buyers. The price of a good is not only the cost of money and production. It is also how the market values a good on the margin.
sure but am I to believe that the subjective value of a dot com domain has doubled?
Doesn't matter if you beleive it. That's what subjective means. If enough people are willing to pay it... I agree with you. I think it's too much. Also the market price of bitcoin is wrong. IMO. But that's how markets work.
The DNR is fucking broken. Too many corpo lobbies investing in "protecting their brand" bunch of BS. Read as "we want to limit competition"
can you expand on this? this is genuine curiosity btw.
Any string should be able to be registered as a TLD imo. The only reason it's not is because of the monopoly on domains. The "criticism" section of the expansion tells you all you need to know. https://en.m.wikipedia.org/wiki/Generic_top-level_domain