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Domain names are essentially rented real estate

HERE’S THE INTERESTING PART

You never actually own a website address permanently, no matter how much you pay for it upfront. The internet runs on an infinite subscription model, meaning if you forget to renew your payment for a specific URL, anyone else can instantly snatch it up. Mega-corporations have literally lost their main websites simply because someone in the billing department missed an email notification.

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Domain names are essentially rented real estate
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