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Re:WTF Is .xyz? by xg15 on Tuesday December 28, 2021 @01:49PM (#29716604)
> .xyz was created to “provide users around the world competition and choice when it comes to their domain name,” and is “the first truly generic domain extension with no inherent meaning,” according to Negari.

Great. In some odd way, this reminds me of some financial derivatives (like CDS), which seem to have done away with having any kind of well-defined purpose and simply exist as another speculation opportunity.

Likewise, we now have the first TLD which does not even pretend to stand for anything but simply exists so all the popular domain names can be sold again yet another time.

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