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Should I be able to force you to give me your vacant land so I can build a shopping center on it?
Sorry you're having a bad day. Maybe I should have agreed with you just to make you feel better :)
Good point. But if they don't use it they often do lose it. Last time I checked over 2 million domains became available just this year.
If a person holds 1,000 domains. They pay a minimum of $6,000 for all those domains yearly! So they ARE losing by holding. They are losing money. Natural attrition will make people lose those domains. Trust me, the crappy names drop like rocks on renewal time. But you are most likely interested in a good name. Either fork over the money or wait several years for a slip up. (But a professional will not slip up).
Vacant land has intrinsic value of it's own (ie: greenery improves air quality, and is more scenic than a parking lot, and gives animals somewhere to live, etc.). Unused domain names have no intrinsic value.
That said, I have quite a few unused domains myself. Hehe. Making me give them away amounts to punishment for procrastination... I'll start lobbying for procrastinators' rights, and sue you for infringing on them! ;)
That said, I have quite a few unused domains myself
And since they have no intrinsic value, Shanz can have them? :)
I suspect that like Mivox, we are all on both sides of this argument - we all want those "other guys" to give up their domains! So they can be held by someone who really apreciates them - us! :)
It's not unprecedented. The Homestead Act "forced" the land recipient to build on the land awarded them. If not, the land was forfeited, returned to the jar for someone else more enterprising. It was designed to discourage excessive land speculation and to put the land into production, as well as to give the little guy a leg up. Similar pattern here it could be argued. Not me though. I don't argue anymore. ;)
There are also numerous legal precedents throughout the US for "squatters' rights," wherein if you occupy and use land for a certain period of time without the current titleholder stopping you, you can apply for title to it.
But, you can use someone else's land without owning it... Lucky for people like me, you can't use a domain without the owner's cooperation. ;) Procrastinators' Rights! lol
Hopefully there will be a better process than now when Internet2 comes out...