can anyone explain to me why the price of a TLD would need to increase?
Discussion
Because the money is less valuable have u heard of Bitcoin
Price is the real NGU technology.
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.
there's a difference between "we are running out of stock. increase price to manage flow" and "we think people will pay more. increase price to increase profits." one is done out of necessity. one is done out of greed.
You use the word greed as if it matters. All sellers are driven by the desire to get as much out of what they have for sale. Buyers want to pay less. This is how we get a price for anything. Greed is just a word to describe both parties. You are moralizing it. Sure, it's greed. On both sides. It always is.
By the way, they are running out of stock. There are only so many words. Hence all the new TLDs
A better point is that ICCAN is a central point controlling this. Been a while since I looked into it but I bet the only solution to drive down costs are more sellers and ICCAN has that power. Competition usually drives down prices.
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.