Did you come up with a great name for your new business? Did you choose a domain? Great, what is it? Actually, don't even tell me, I already know: It's taken.
Because everything is f***ing taken. Domain-parking has been a 6.5 Billion industry this year. The way this works is simple: Whenever a new term is coined ("SaaS", "Bitcoin", "AI"), domain parkers register a dictionary worth of adjacent terms as domain names. Once someone actually wants to use a domain, they resell it to them for anywhere between 5k to multiple 100k.
So what's the problem, isn't this a legitimate business? On its face, yes - but it is value-destructive as hell. Generally speaking, the vast bulk of economic activity is value-creating. Thanks to Uber you now can seamlessly hail a ride to wherever you are. Thanks to AirBnB you now have a great alternative to hotels. Thanks to Amazon you can have every item on the planet cheaply shipped to your doorstep. The world is better for these companies' existence.
Domain-Parking is nothing like that. If it wasn't for domain parkers, you'd still get your domain - just for 10$, rather than 10.000$. Even worse, domain parkers cash in when companies need money the most: at the very beginning. $10k buys you three months of rent and ramen noodles which might be enough to get your project off the ground and make the world a startup richer, but if these 10k go towards a domain name, that might never happen.
What really pi**es me of though is, that I see more and more developers engage in this practice. Yes, you have the technical knowledge to trade domains, but I'm begging you - use your talents to create great solutions that make the world richer, rather than blocking the global domain namespace and sucking money out of companies that haven't made a single cent yet.