I think if an analogy must be used, perhaps the closest one would be
(in US centric terms) a county registrar of deeds authorized by state
law to charge a flat $6.00 fee for each deed registered, who decides
since (s)he has a monopoly on the registrations of deeds in that county
(s)he should charge more to register deeds for high-value properties.

Actually though, using this analogy, the registrar of deeds is not
charging more for the actual registration, but rather encouraging those
who have their eyes on a specific piece of property to pay a kickback,
and then should the property ever become eligible for public auction,
it will instead be diverted to the payor of the highest kickback. They
will still need to pay the registrar's office the $6.00 fee though, as
the
kickback went into the registrar's private account.

This solves the problem of the high cost of public auctions borne by
the county, which are inefficient forms of sale and tie up the sherrif's
time and energy. (Not to mention that some prospective buyers may
not be able to personally attend the auction)

John
[EMAIL PROTECTED]



----- Original Message -----
From: "Kai Schaetzl" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Friday, January 11, 2002 5:31 PM
Subject: Re: [ga] VeriSign Proposal a Done Deal??


> The tenant comes along, antes up, the landlord
> builds the building.  The tenant commits to a year, then after a year,
> decides to move out.  The landlord still has the building that was
built
> to the tenant's specifications, and now wants to rent it out.
>

It just doesn't work out. ;-) Domains are virtual commodities (*if* they
are commodities) and do not require any material input. Basically, it's
a
service and it's the rentor who makes one "service" more profitable than
the other, not the registrar. Leasing "used" domain names at the
registry
level at a higher price is just perverse and greedy. There is a
difference
between this and a domain holder selling his domain off to another
party.
It's like the fed "selling" some $1 notes at $2 a bill because they once
belonged to a millionaire.


Kai

--

Kai Sch�tzl, Berlin, Germany
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