Like a lot of things, society would probably benefit if we had caps on how much a single entity could own.
replyOr maybe just a heavy tax on arbitrage.
replyI'm wondering if this can be used to hunt down squatters and take domains from them, for example, if they have the domain marked as for sale in DNS, while also renewing the domain. If a renewal happens while someone has a domain listed for sale, they should give up all rights to that domain and it should go back on the open market for a sane price.
replyDo you have any domains that you purchased with the intention to use and haven't been able to use them yet?
replynews.ycombinator.today
replyAnd what is the definition of a domain squatter?
replyWith real-property squatting is using what someone else owns (land) w/o permission. Domains are only rented. If you rent land but don't use it the way someone else would it's not squatting. So, renting a domain that someone else wants and not using it in the way they think it should be used isn't squatting, correct?
replyI agree it's a problem when I want a domain and it looks unused to me. I don't think it's really squatting.
I think it's also a jerk move to control resources just to extract w/o developing those resources. But that also happens with real-property.
All that to say: "squatting" on a domain is a "hard problem".