A scam is something that generates revenue without providing value.

I'm quoting myself here. You can clickthrough for the context.

What is the resolution of ICANN's DNS Whois policy? You can have your personal privacy, but only if you are willing to pay for it. You can register a DNS name anonymously so long as you use an anonymizer service which doubles the cost of your domain. So we're not really worried about accountability per say. We've created a policy which is specifically designed and intended to generate revenue from people who don't want to comply with the policy. It serves no other purpose. Its a scam.

DNS squatting is also a scam. Squatters make money from advertisers and from sales. Registrars make money from the registrations. Verisign makes money from the Registrars. ICANN makes money from Verisign.

The reason you can't find a reasonable, available Internet address for your new project is that they have leveraged the artificial scarcity of the DNS system, largely a product of their own policies, to extort money from you. Everyone involved with the management of DNS is at the trough. Its an Internet Stamp Act! Before you can speak online you must pay all of the corrupt parties who stand at the door with their hand out. Its like doing business in a third world country!

DNS is corruption. There is no party involved who isn't bent by it. DNS must die. We must find another way.