At 1/7/02 2:51 PM, George Kirikos wrote: >> > With regards to the Afternic proposal, it gives all the value of >> the >> > domains that are auctioned to the REGISTRARS, but what did they do >> to >> > create the value? Nothing. >> >> By that thinking, you must agree then that it's not right for a >> farmer to >> sell his empty land for millions of dollars. (Unless they paid >> millions for >> it of course.) Or how about the owner of a painting. I guess the >> "Mona Lisa" >> shouldn't be worth anymore than what DaVinci got for it. (Unless it's >> in a >> more expensive frame.) > >No, not at all -- in the case of the farmer and DaVinci, they took the >business risk to initially purchase the land, and/or create the >painting in the first place. They had a potential to lose money (or >waste their time). In a monopoly, there's NO CHANCE to lose money >(that's why they're so highly regulated). There's no risk when you're a >monopolist.
But registrARS aren't a monopoly. Anyone willing to take the business risk can become one. -- Robert L Mathews, Tiger Technologies
