<html><head><meta http-equiv="Content-Type" content="text/html; charset=us-ascii"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">+1<br class=""><div><br class=""><blockquote type="cite" class=""><div class="">On Feb 11, 2021, at 11:59 AM, Evan Leibovitch <<a href="mailto:evan@telly.org" class="">evan@telly.org</a>> wrote:</div><br class="Apple-interchange-newline"><div class=""><div dir="ltr" class=""><div dir="ltr" class=""><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394">Hi David,</div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394"><br class=""></div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394">I didn't see your original email, but I did see the response and your followup.</div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394"><br class=""></div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394">There are significant differences between ticket scalping and domaining, mainly arising from the finite number of seats and hard expiry dates that make unused event tickets worthless once the event is over. However IMO the two share a fundamental characteristic broadly known in economics as "rent seeking": wealth obtained through manipulative use of resources without any associated increase in productivity.<br class=""></div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394"><br class=""></div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394">Being in a queue early to buy a ticket/domain (without intent to use it) inflates the price without adding any value. I am fascinated by speculators who claim what they're doing is innovation, and even more by those who peddle themselves as branding experts to try to give some veneer of added value. Nobody is fooled by this. Nor does anyone shed any tears when the primary sellers (ie, Ticketmaster/Godaddy) see the greed and then seek to compete with them. The losers are the end-users in both cases.<br class=""></div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394"><br class=""></div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394">Cheers,<br class=""></div><div class="gmail_default" style="font-family:tahoma,sans-serif;color:#0b5394"><br class=""></div><div class=""><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr" class=""><div class=""><div dir="ltr" class=""><div dir="ltr" class=""><div style="text-align:center" class=""><div style="text-align:left" class="">Evan Leibovitch, <span style="font-size:12.8px" class="">Toronto Canada</span></div><div style="text-align:left" class=""><span style="font-size:12.8px" class="">@evanleibovitch / </span><span style="font-size:12.8px" class="">@el56</span></div></div></div></div></div></div></div></div></div></div>
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