About Mark Jeftovic I live in Toronto, Canada with my wife and daughter, I'm the founder and president of easyDNS.com - the DNS hosting provider & domain name registrar, a libertarian and former Director to the Canadian Internet Registration Authority (CIRA).In my copious spare time I blog here about doing business on the internet, moderate the ValueTalk website and play guitar in The Parkdale Hookers, an indie power-pop group who releases all of our music under a creative commons license. I can be emailed at markjr@myprivacy.ca (requires verification) CategoriesQuicksearchBlog Administration |
Wednesday, May 23. 2007Attack of the TechnoPinkosTrackbacks
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Well said, and a good reminder about honest advertising. (I appreciated the Domain Warning site when I read it, knowing all along it was there to advertise. So what?)
As a Libertarian, I love your descriptions of Libertarians, Conservatives and Socialists. It will make a great opening at an All Candidates meeting. (However, it reminds me of the observation that there are two types of people; those who divide the world into two types of people and those who don't.)
I have a couple of comments about 'speculation' and 'speculators.' First, a successful speculator is someone who is willing to buy when others are anxious to sell, and willing to sell when others are anxious to buy. And of course there are lots of unsuccessful ex-speculators. Second, as an investor, I make a distinction between investments and speculation. The former is low risk and the latter is high risk. As Doug Casey says, investors look for a 90% chance to make a 10% return, while speculators look for a 10% chance to make a 100% return (or something to that effect). I consider going to college as an investment, since it is low risk if I had good grades in high school and am prepared to put in the effort. Similarly, becoming a garbage man is also low risk, in that I know what to expect, both in terms of pay and job satisfaction. None of this is meant to detract from your point. We all need to think about the future (speculate if you will), make a decision, take action and live with the consequences, good or bad. Socialists believe we should be protected from the consequences of our bad decisions and penalized for our good ones. There's nothing wrong with making money. But this "domainer" business is parasitic and only works to inflate the costs of content with an informational value. The internet is democratized...the barriers to entry are naturally low and mostly based on the costs for technical resources (bandwidth, storage, cpu cycles, server maintenance, etc.) plus a premium so the providers of the resources can make a well-deserved profit. Speculation on domain names artificially raises the price of one of these required resources. Middlemen always create friction in a marketplace...and it's ironic that this is happening in a system whose fundamental value is to make it easy to cut out the middlemen. Domainers are a lot like ticket scalpers, and just as abhorrent.
Typo-squatting is also inefficient, but attacks from the other end. It serves to redirect victims to undesired content...acting as an obstacle on the path to the information the user was actually attempting to access. |
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