<story><title>Verisign will increase the .com price from $7.85 to $8.39</title><url>https://onlinedomain.com/2021/02/12/domain-name-news/verisign-will-increase-the-com-price-from-7-85-to-8-39/</url></story><parent_chain><item><author>rovr138</author><text>The link is not just about the amount,&lt;p&gt;A section,&lt;p&gt;&amp;gt; There are about 152 million domain name registrations .com today so Verisign will make about $82 million more in the next year following the price increase out of thin air.&lt;p&gt;&amp;gt; Verisign will be able to increase the price of .com in the next 3 years as well.&lt;p&gt;&amp;gt; Verisign will suck about $3 billion dollars out of the world economy just by having some powerful friends at ICANN.</text></item></parent_chain><comment><author>gunapologist99</author><text>Agree with all of these statements except this one:&lt;p&gt;&amp;gt; Verisign will suck about $3 billion dollars out of the world economy just by having some powerful friends at ICANN.&lt;p&gt;It&amp;#x27;s not a zero-sum game.&lt;p&gt;If Verisign manages to extract $3B from the poverty-stricken folks who are buying up .com domains, it doesn&amp;#x27;t just disappear (unless, of course, Verizon takes it in cash and sets it on fire in the basement.)&lt;p&gt;That $3B will then be spent on whatever pet projects Verizon feels like spending it on, thus re-injecting into the global economy.&lt;p&gt;I personally think that Verisign should have to compete to run the .com registry, just like how we do FCC spectrum auctions, but hand-wavy statements like &amp;quot;suck about $3 billion dollars out of the world economy&amp;quot; do not help make that case.</text></comment>
<story><title>Verisign will increase the .com price from $7.85 to $8.39</title><url>https://onlinedomain.com/2021/02/12/domain-name-news/verisign-will-increase-the-com-price-from-7-85-to-8-39/</url></story><parent_chain><item><author>rovr138</author><text>The link is not just about the amount,&lt;p&gt;A section,&lt;p&gt;&amp;gt; There are about 152 million domain name registrations .com today so Verisign will make about $82 million more in the next year following the price increase out of thin air.&lt;p&gt;&amp;gt; Verisign will be able to increase the price of .com in the next 3 years as well.&lt;p&gt;&amp;gt; Verisign will suck about $3 billion dollars out of the world economy just by having some powerful friends at ICANN.</text></item></parent_chain><comment><author>missedthecue</author><text>Suck it out of the world economy? Does Verisign collect their profits and throw it all in a furnace?</text></comment>