• roofuskit@lemmy.world
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    8 months ago

    Squatters do this shit every day to regular people and small businesses, but they don’t have the money to convince a judge to hand over a domain.

  • earthworm@sh.itjust.works
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    8 months ago

    What the judge should have done is threaten to cut the domain name in half and see who was willing to give up their claim out of motherly love.

    • olympicyes@lemmy.world
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      8 months ago

      He raised the price higher than the cost of going to WIPO to deal with it. If he set the price to $1 or 2 million they likely would have paid it. $75 million is bonkers.

  • explodicle@sh.itjust.works
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    8 months ago

    Another great example of this being an economic rent problem.

    Namecoin is one of the oldest cryptocurrencies, but never caught on because it’s >99% domain name squatters. There’s no mechanism to increase the cost of renewal to anything proportional to the value of the name, so they always renew for practically free. Consequently there’s no incentive for web browsers to support it.

    A domain name is like a plot of land. Right now our choices are crony capitalist ICANN with eminent domain, anarcho-capitalist crypto DNS, or sailing the high seas on an .onion address.

  • CallMeAnAI@lemmy.world
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    8 months ago

    This fucking thread 🤣

    Scary! Sets precedent🤦‍♂️!

    This shit has been going on for 25 years and complaining have been ripped away for this bullshit before.

    Nothing burger. Judge was right.

  • NoSpotOfGround@lemmy.world
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    8 months ago

    Unpopular opinion, but the judge was right. There would be zero benefit to society to reward this absolute cybersquatter. There’s an almost zero benefit to reward a corporation. Both bad, but the corporation should get it in this case.