

“We should privatise service X so it’s more efficient” X collapses “We can’t afford to let X fail despite the fact that it ran at massive profits all the way to it’s collapse so we’ll bail it out” THEN WHAT WAS THE POINT OF PRIVATISING IT IN THE FIRST PLACE?!
You can take on the burden of running the thing and therefore the cost of making it public, or you can allow it to be private with the caveat that they must pay a substantial (enough for the government to not be at a net loss) tax as a kind of insurance in the event a bailout is needed, but don’t take on the worst of both worlds where the profits are private and the losses are public.


Both ends of this are frustrating. Buying a domain either as a purely speculative asset (as the judge correctly labeled this purchase as) so you can 1) get under someones skin enough to make them want to buy the domain from you, or 2) just buying up every popular or potentially popular domain just to sell if off is scummy behaviour that ideally this guy should never have been able to do in the first place.
The other end of this I don’t like though is the possibility of somebody being able to convince a judge that they should own your domain and then just being able to take it. In this case I think the judge ruled correctly but the idea that somebody (especially in the US government) would be able to just take away my domain on a whim is terrifying when you can’t just go to people and say “hey, the person you are going to this domain for has now moved and is now here”. Things like e-mail address, monitoring, firewall exceptions and many self-hosted sites assume that the owner of the domain does not change hands without permission, and trust the domain blindly. Taking away a domain isn’t just like taking away somebodies nickname. It’s taking away their online identity and forced impersonation.
I really wish there was a way to address each other in a decentralised way that doesn’t just push the problem down to something like a public key, where the same problem exists except now you worry about the key being compromised.
The fact that we have ways to coordinate globally unique addresses that we collectively agree on who owns what is a feat. It just sucks that it’s also something which somebody can take away from you.