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Comment Re:Oooh, phear the phishing (Score 1) 142

Probably? They will PROBABLY offer chase.llc to Chase? That's your whole argument, that the new owners of each and every new TLD will probably do the right thing, so we have nothing to worry about?

You realize we're going to have full character sets available, so you'll have a dozen different characters that look like the letter "a"? There will be hundreds of domain names that look like "chase" in each TLD.

And you've seen how the registrars behave right now with the existing domains? And you're still optimistic?

Comment Re:Oooh, phear the phishing (Score 1) 142

Scammers don't need to own a whole TLD, they just need a close-enough domain in some new TLD.

What scammer is going to pay $185,000 and wait several months for a manual screening process to own a fraudulent vanity TLD?

Wow, did you even read the comment you included in your reply? I am saying they will NOT buy an entire TLD. Scammers don't own the whole .com TLD - they buy _individual domains_ under existing TLDs.

Once someone registers a new .llc TLD what do you think they are going to do with it? They are going to sell domain names for $10 a year - to anyone with $10. And sooner or later someone with $10 will buy chase.llc and use it in a scam.

Again, buying an individual domain in a new TLD will not cost $185k; it will cost whatever the owner of the new TLD is charging.

Comment Re:Oooh, phear the phishing (Score 1) 142

But once someone DOES register .bank, will I be able to buy chase.bank from godaddy?
It's not the people registering the new TLD you have to worry about, so much as the people that they sell domain names to in the new TLD. Scammers don't need to own a whole TLD, they just need a close-enough domain in some new TLD.

Comment 30 Billion on Research? (Score 1) 189

That's my new yardstick for insane figures. When someone says we spent 700 billion bailing out the financial companies, I'm going to picture 20 IBM sized companies funding 100 years of research.

Comment CHAPTER XXV (Score 1) 410

WHAT FORTUNE CAN EFFECT IN HUMAN AFFAIRS AND HOW TO
WITHSTAND HER

[...]
Changes in estate also issue from this, for if, to one who governs
himself with caution and patience, times and affairs converge in such a
way that his administration is successful, his fortune is made; but if
times and affairs change, he is ruined if he does not change his course
of action. But a man is not often found sufficiently circumspect to know
how to accommodate himself to the change, both because he cannot deviate
from what nature inclines him to do, and also because, having always
prospered by acting in one way, he cannot be persuaded that it is well
to leave it;
and, therefore, the cautious man, when it is time to turn
adventurous, does not know how to do it, hence he is ruined;
but had he
changed his conduct with the times fortune would not have changed.

"The Prince", Nicolo Machiavelli

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