I can imagine the use of the domains for actual websites to be very moderate, but the market flipping domains could very well end up being rather lively.
Sure, but the system has to be adopted first. Who is going to buy domains using this system ? I'm just a lowly tech type, but I would think you need some form of network effect/adoption for these domains to have value.
The domain flipping market has to be bootstrapped by actual demand from users. No one has explained where these people will come from or what they will be looking for. This should not be hard to explain. I'll gladly change my mind.
Initially it made sense because although not huge, there is a demographic out there that does not want their domain censored/seized.
I do not understand Toast's comment on 'scorched earth' policy of keyID so I hope there is something redeeming in that direction of thought.
Gamey, I think you are way off base here, I'm not sure how best to convince you, maybe on a mumble sometime. Even toast opposed the idea at first, I think if you look carefully at the proposal it doesn't have the bad outcome you imagine.
You could explain it here so that everyone could read your arguments. I am not sure what "bad outcome" I am expecting. I think your approach could work well in a different place and a different time.
However, I think we will be fighting to get people to adopt this system. While your approach has some definite merits to it, I think it will do next to nothing to advance adoption which needs to be our primary goal.