Re: Nice write up! Excellent fact checking!
The laws of supply and demand also apply in the digital economy. Tripling the supply of domain names should reduce the value of any single domain to almost zero due to oversupply.
Not true.
The value of $a_very_long_name_that_is_not_very_memorable_or_relatable_to_a_commercial_or_other_entity.uk
will indeed -> cost of provision
but
$a_short_very_memorable_name_commercially_useful.uk
will -> lots
not quite a veblen good, but sort of.
Biting the hand that feeds IT
