Why? Professional domain squatters are the ones that never forget to renew, because it's their main business. And if they stop paying on 1,000's or 100,000's of domains, the registrar will take them to court pretty quick to resolve the contractual debt. And either the company goes bankrupt or pays the bill, same as literally any other professional service. A contract's still a contract.
And if you're squatting on just a few domains personally and stop paying, it goes to collections, shows up on your credit report, and lowers your credit score like any other consumer debt not meeting payments. Which, if you want to open new credit cards or buy a house, is gonna be a big problem.
There are already avenues to address this, the same as any other debt you incur. "Forever" just means until it sends you to bankruptcy and you lose it formally, worst-case scenario. It's not some kind of blank check to register a billion domain names, not pay for them, and face zero consequences...
I assure you all countries have collection agencies even if its 3 guys with ak's in a technical with a DhskA
I'm very unhappy with the impermanence of online resources; some great websites that I used to rely on for information or conversation have just disappeared with time. Some have been archived by the Wayback Machine, some haven't. Obviously, a permanent server is a bigger concern (and a bigger problem) than a permanent domain, but I still think something like this could be a step in the right direction.
Maintaining ownership of a trademark is not trivial. People pay lawyers to do it. Perhaps they should do the same for important domain names?
https://www.uspto.gov/trademarks-maintaining-trademark-regis...
If a business screws up, paying a few grand in late fees is much better than losing it to a squatter and that can protect users from someone malicious buying a domain used by an app or something.
But even that should be capped to some reasonable time scale, like 90 to 120 days.
I'm in the minority of people when I say this, but I'm in favor of making domain ownership enough of a burden to reduce the number of domains registered and never used vs. making them extremely cheap and easy to own.
There are so many great domains that are registered and not in use. When starting a company these days, it's difficult to find a decent .com without paying thousands of dollars to a squatter or compromising with a TLD like .io