Speaking to another member here yesterday, i was discussing providing long term family security by buying valuable domains and sites with a view to never sell. Something that would always be worth money.
He then brought to my attention that there is no such thing as guaranteed long term security as no one knows which way the internet will go in 10>20 >50>100 years and how it will affect domain names and how we use them
This was something i had not given a lot of thought as i always assumed that if you have a top generic .com or co.uk, it will be worth a lot forever. This however may well not be the case and so i wondered 2 things:-
1) how secure does everyone feel, that their domain/site assets are not going to be superceeded or devalued drastically in the future? (Albeit long term future).
2) What are the potential things that could hugely devalue domains and sites in years to come?
Things i could think of were
new TLD's are allowed or become more popular than the existing
the internet as we know it becomes old fashioned and is surpassed
the way we use domain names is revolutionised
That is as far as i got lol but i would love to hear what any other members think and if anyone has given the above a lot of thought. With a lot of people's livelihoods in domains it is a relevant question imo, if maybe a touch paranoid?
He then brought to my attention that there is no such thing as guaranteed long term security as no one knows which way the internet will go in 10>20 >50>100 years and how it will affect domain names and how we use them
This was something i had not given a lot of thought as i always assumed that if you have a top generic .com or co.uk, it will be worth a lot forever. This however may well not be the case and so i wondered 2 things:-
1) how secure does everyone feel, that their domain/site assets are not going to be superceeded or devalued drastically in the future? (Albeit long term future).
2) What are the potential things that could hugely devalue domains and sites in years to come?
Things i could think of were
new TLD's are allowed or become more popular than the existing
the internet as we know it becomes old fashioned and is surpassed
the way we use domain names is revolutionised
That is as far as i got lol but i would love to hear what any other members think and if anyone has given the above a lot of thought. With a lot of people's livelihoods in domains it is a relevant question imo, if maybe a touch paranoid?