NamePros.Com - View Single Post - More professionals to be allowed .pro domains

Originally Posted by akcampbell

Diabro, gold is hoarded by an elite few, governments of rich developed countries. Britain sold half it's gold holding in 1999, 415m tonnes for $8bn. Note the comment in the article below that this left Britain with less gold than any other major country.

http://www.telegraph.co.uk/htmlCont.../08/ngol08.html

Really, it is hoarded by governments and SOLD by governments? It is rare yet many multitudes more people own gold than domain names?

Gold is hoarded by an elite few yet common enough to be used in airbag systems, computers and even alcohol.

Originally Posted by akcampbell

My use of gold is an analogy, I think it's a good one because gold and domains are an old economy and new economy store of value, both get hoarded, both are coveted because they are scarce and look pretty, both can be "developed" ie into jewellery or web sites or held in raw form, parked or in bullion.

I think it is a poor analogy. Gold even if it was not more scarce than lead or zinc would still have value because of its many uses. It is highly conducive and easy to work with. All gold of the same quality is worth the same when presented in the same manner. A ring may be worth more than its weight in gold because of the craftsmanship but melt the ring down and it still holds a base value of any other gold in a similar format.

Not all domain names are worth the same. The 3 character domain name SEX has more value than the 3 character domain name ZXK.

Domain names only have worth in limited circumstances and markets as well. You could invest money in gold and be fairly sure that in 20 years that your investment will still have some value. You could “invest” the same amount in domain names and in 20 years they could have no value. None whatsoever.

Originally Posted by akcampbell

Your question about .com is nonsensical. .com is top dog so no extension is "better" than .com. I gave you the option of hundreds of alternative extensions, alot of which are lightly regged by domainers, all you had to do was come up with one that was heavily developed because of the availability of premium keywords.

You are the one that keeps brining up .com and comparing .pro to .com.

Originally Posted by akcampbell

I think you have to make a distinction between squatting which implies illegality, for example regging a non-generic trademark and trying to extract money from the intellectual property owner, divert business, or dilute their brand and genuine domain investors who buy generic keywords. Virtually all .Pro domains registered are generic, the owners are investors in the extension, not squatters. They may hoard on a small scale but accumulation is the essence of capitalism, if you don't like it you should move to North Korea or Cuba.

Some say investor, some say squatter. At this point I think the general population sees little difference. It is like the word hacker got hijacked and is now associated with people who crack systems.

Originally Posted by akcampbell

There are no prizes for guessing I have a vested interest in .Pro, I paste it in my signature. It wouldn't make sense to spend so much time writing about .Pro if I didn't have a vested interest. I enjoy promoting .Pro, if people like you help me promote my .info's as well, that's a bonus.

I honestly like .info but had one or two names in .info and let most lapse. I have no interest in .pro but applaud them for trying to do something different.

Originally Posted by akcampbell

I think the fact Registry.pro went cap in hand to ICANN to amend their registry contract and plan to "relaunch" the extension on 14 July suggests they acknowledge making a pig's ear of launching .Pro first time around.

Instead, of getting put out by "squatters" and "hoarders" you should reg some .Pros while you still can. It's a gTLD, extremely brandable, and you'll kick yourself 10 years from now if you miss out.

I would rather invest in .us. Just my personal preference. Frankly I have all the .com’s I need for personal development and maybe a couple of extra to sell. There are still come good .com’s left as well.

Good luck with your domains.