I mean… I’m certainly not here to defend speculators. But it’s not exactly unique to the domain industry. Speculation is a huge part of lots of industries, and it plays an important part in the overall ecosystem.

For example, the speculative domain purchases probably help keep the overall price of domain registration down for everyone else, right? Just one potential way in which speculation provides value.

I teach entrepreneurship at Duke. Software Engineer. PhD in English. I write about the mistakes entrepreneurs make since I’ve made plenty. More @ aarondinin.com