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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.

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