ICANN control moving to a different body, but I was thinking of the .org stuff a few years ago... but after looking it up it seems ICANN actually did the right thing on that one so... I'm not sure what I was referencing.

Saying that you're cool isn't cool.

Supposedly they do it to discourage domain squatters, which makes some sense, because every .com or .net that's even remotely usable is held by some squatter and they would rather hold the domain for decades than sell it for anything less than thousands.

> Plus if you’re a developer, you make good money

...which is absolutely a stereotype born of the Silicon Valley bubble, and not actually true in practice.

The vast majority of developers do not work in Silicon Valley, nor for FAANGs (or whatever the abbreviation is nowadays), and do not make several hundred thousand a year or have highly valuable tech stock options.