Hopeful New US Admin Will be Good for Domain Investments

17 hours ago 1
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As you know, the United States held its Presidential election yesterday, and Donald Trump won the election. In addition to this win, the Republican party will regain control over the US Senate as well. I am hopeful the new administration and its business policies will be good for domain investors and their domain investments.

One of the things Donald Trump did during this election cycle is reach out to the cryptocurrency community. I think he will continue to embrace that space and there could be growth there. From my perspective, the domain investment space tends to thrive as capital is spent building crypto-related services and products. Continued development and maturity in the crypto space should be good for domain investments.

In addition to this, numerous startup founders, entrepreneurs, and investors backed the Republican candidate. Quite a few well-known founders have opined that a Trump presidency will be good for business and business growth. As new businesses are founded and funded, more capital will be spent on domain name acquisitions. This, too, should be good for domain investors.

This was a hotly contested election, and there many people who are fearful of what is to come from the new administration. If the domain investment community is similar in makeup to the US population, there are probably half of us who have some level of anxiety about what will come over the next four years well beyond the business of domain investing. As a domain industry blogger, I am not really in a position to comment on that.

What I do believe is that domain investors will likely see benefits – from the business side of things – under the incoming administration. I have concerns about other very important issues, but I am looking at things strictly from a business perspective. Hopefully, we will see continued growth in the domain space, and our domain name assets will continue to appreciate in value as companies look to acquire the best domain names for their businesses.

Elliot Silver

Elliot Silver

About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

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