A reminder on channels

- Channels are *not* decentralized yet

- Do not squat channel names with the intention to sell them to brands later; this is extractive behavior

- When channels are decentralized and incorporated into the protocol later this year (likely onchain!), then you can do what you want! Just like FIDs

Squatters are spending money/warps to invest in the potential future of the protocol. 

The protocol may not succeed. 

It’s like buying land that’s not developed. Who knows if the land will become valuable.

When sold, there’s tax. This is so that part of the gains can be used to build the common goods.

Startup by Day, Standup by Night. Migrating from https://x.com/isaacttsg

Channels could be considered like land zoned for a specific use. If you buy it, use it within regulation if not forfeit it.

I disagree with the analogy used here. Squatting implies that there is a rightful owner. There’s value being extracted from another. It’s like living on somebody else’s rightful property just because they are not using it yet. That can hurt the protocol more than the revenue and taxes it can bring.