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Re:My Dip Into Domaining by semanticist on Friday June 04, 2010 @07:35PM (#1405948)
It's tricky to make a living doing web development if all your clients go 'HOW MUCH FOR A DOMAIN?!' and run away.

US$500 for a .com would have set back widespread adoption of the internet immensely, maybe even fatally.

Re:My Dip Into Domaining by axod on Saturday June 05, 2010 @04:08AM (#1406618)
and now, they just go "HOW MUCH FOR AN SSL CERT???" and then buy one anyway.
Re:My Dip Into Domaining by semanticist on Saturday June 05, 2010 @08:29AM (#1406795)
Only the people that need one, which isn't everyone.

And they pay for it now because it's established that the internet is essential for doing business, but if domains had cost US$500 from the start we might not be in that position now.

Hiking up domain name costs makes sense only because we live with an internet that was developed without ridiculously high domain name costs.

Raising the cost now would be futile - it would actually make all the people hoarding domains a huge pile of money.