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Comment Last Post! (Score 1) 118

Mr. X, our "entrepreneur," did take a risk in purchasing the domain. His risk happened to pay off a huge return. Still, X did not produce anything of value in order to make that money. Therefore, I would be hesitant to call him an entrepreneur, as that word carries connotations of personal merit and achievement. "Lucky gambler" would be a more accurate label.

While I despise the domain name brokering/squatting industry, it's difficult to think of a just system for distributing and trading domains. Ideally, domains would go, for a small fee, to the organization most deserving of them. The matter of deciding who most deserves a domain name would be, of course, nearly impossible.

Still, there must be a better system than the current one. The fact that someone can make $7.5M doing essentially nothing devalues the money of those who worked hard to earn it.

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HAHA! LAST POST! Anything following is redundant.

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