By Michael Berkens From The Domains

In a blog post that appeared in Medium.com entitled  “Trading domain names should be banned ; Why? Because it hurts businesses and does not generate any value for anybody”

The post was written by Zsombor Lacza who describes himself as a  “scientist, orthopedic, skier, sailor, biker, inventor, and photographer”

Apparently the author who started his own company had to do without the .com because he was unwilling to pay $5K to a “Domain Shark…A shady biznizman hiding behind a Cayman island tax number.”

Yeah I’m sure you will enjoy the read:

“I started a company called Surgeonfish. It develops and sells sportscare products. ”

“It owns the following domains .eu, .de, .hu .info .org .biz and with a dash surgeon-fish.com. :

“You noticed one omission? The dotcom is missing.”

At the time of founding the surgeonfish.com domain had a sort of search engine on it.

It did not interfere with us, so we did not care.

Then they went defunct and the domain got into the hands of some domain sharks.

The lowest offer I could type in in their online contact form was 3,000 USD, so I did so in order to get in touch.

This is the conclusion of the correspondence I had with them.

“Thanks very much for your update but unfortunately I need an offer of at LEAST $5000 USD to be able to represent the offer for consideration. Thus we cannot move forward now or in a couple of weeks at $3000 USD — Sorry! Let me know if your budget increases in the future!

Best

Maureen “

“As a startup on a shoestring budget we cannot afford buying it.”

“Hell, if we do so we need to increase prices and rob our customers in order to feed some shady biznizman hiding behind a Cayman island tax number.”

“This is a no-go.”

“Since we own every other meaningful surgeonfish domains and the original owner is now defunct, only a new company may buy it. No sensible founder would name his startup ‘surgeonfish’ if all the domains are in the hands of another small fish and the shark is not willing to release the dotcom.”

“A deadlock.”

“That is why trading domains should be banned.”

Wow

Well personally I would like to own 1,000 shares of Google but shares are trading at almost $900 per share, which is a lot of money for one guy.

And they don’t take food stamps.

I think trading in Google should be banned and that house on the beach which is $15 million, well I can’t afford that either so I think selling houses on the Beach should be banned to.

After all only the domain holder, stock trader or real estate investor makes money in any of those scenarios and that clearly doesn’t benefit anyone.

Especially those “shady biznizman hiding behind a Cayman island tax number.”

Damn I wish I had a Cayman island tax number.

For more on this story go to:

http://www.thedomains.com/2013/09/04/medium-com-trading-domain-names-should-be-banned/