1. Currently there are tons of startups out there that found a name, want to start their startup and then they get hold back because a domain shark just bought their name. These sharks then ask a huge amount of money just to annoy everyone out there.

2. .com domains are getting rarer each day and harder to come by. Because of these sharks there a lot of rare domains are out there just to be sold for a ridiculous amount of money, therefor these domains just stay "parked" until they expire again.

3. This Cybersquatting is exactly the same as selling drugs, only this time they sell domains. They pick them up cheap, get addicted to doing it so they keep doing it. With the sole purpose off making money with it. This is completely done in bad faith and does not contribute to this society.

Because of these simple points we are currently looking at a world that is stopping it's own growth. People will not have the chance anymore to "try" a startup idea and will get discouraged because of it. The .com tld and soon the .io tld will also become extinct in the years to come because of the huge growth of the internet and it's domains. Cybersquatting

I think that a possible solution to this would be to let the registrars put limits on the amount of domains you can buy. When buying a domain people should also provide their ID too ensure this limit gets followed.

I posted this here to ask other people's opinion about this matter and hope this gets resolved in the years to come.