Ignorance is no Excuse | DomainInvesting.com

Ignorance is no Excuse


Candidates locked in name game over Web domains

I’ve been seeing quite a few articles about politicians buying the domain names of their opponents, but I haven’t seen something as blatant as what the lady in the aforementioned article has been doing. The lady apparently believes that she can buy the domain names of realtors, doctors and other professionals in the hopes of selling to them for a profit. I think this is a case of ignorance more than anything else, but it certainly isn’t right. This is straight-up cybersquatting.

As domain investing becomes more mainstream, educating new investors is going to be important. I believe it is the job of the registrars’ to educate their buyers. Companies like Godaddy have gone mainstream, but I believe they are failing to educate their consumers. You wouldn’t leave out seatbelts in a Ferrari, so registrars should educate their buyers on the laws of cybersquatting and the penalties they could bring. As I said in this post, consumers should have “to check off a box acknowledging that they are aware of the Lanham Act and its penalties before every registration.

Someone needs to give this “domain reseller” a clue.

About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.

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