Nostr Web Client

Not for a domain

I guess when you are broke. Seeing things like this puts things in a different perspective. To me unless there was a significant SEO \ SMO reasons to purchase the domain. Where it already has a track record of a lot of significant traffic. Purchasing a .com domain for anything more than the cost for basic registration. Seems like frivolous spending to me.

Back in the day it used to be relevant to have a .com domain name for legitimacy. However that is definitely no longer the case anymore. There are an ever expanding amount of domain name extensions. Like .io for example. That would work just as well for a fraction of the price.

That money could be used for so many different things. Buying more bitcoin, gold, silver, media assets for the investment itself, or web hosting costs for over a year.

If you can afford it and you are blessed with the wealth to do so. Good on you. Sincerely happy for you. Just thought you could benefit from the perspective of someone who was once wealthy, now is broke, and having to claw my way back up to financial stability again.

You never know what the future will bring you. So always be prepared, save money wherever you can, and never spend any more than you have to.

This is my advice to you. Even though you didnt ask for it lol.

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Discussion

OceanSlim 9mo ago

There is not a domain that short even with obscure TLDs that is much cheaper. What you are thinking about is regular registration through a domain owner like namecheap. I pay like $30 a year for happytavern.co. But this would be paying a little over 1000 to own it outright. It's cheap relative to owning a domain. It's not cheap relative to the average persons frivolous spending.

I would also like to add, owning a domain is owning a scarce asset. It could be resold to the market, likely for what you bought it for or more if you needed money. Not that I'm recommending domains as savings technology. We all know what the superior savings tech is...

Skhron - VPS for Bitcoin, Lightning and Monero 9mo ago

What do you mean by owning a domain? ICANN states the following:

> paying to register a domain name is not the same as "buying" it outright or permanently. You do not "own" a domain name. What you are doing is more like leasing the domain name from the registry operator that the domain name is associated with.

https://www.icann.org/resources/pages/faqs-84-2012-02-25-en#4

TheLegendaryMan 9mo ago

Ive built a lot of websites. Sold several domains for a lot more than that. Was a web developer and business owner for well over a decade. I am no stranger to this industry.

I stand by what I said. Take the advice. Leave the advice. Does not matter to me. My heart was in the right place with a sincere desire to help you. By providing my perspective on the situation.

Hope you are doing well.

Have a wonderful day.