According to this tweet – .COM is dead

I was browsing on Twitter today when I saw this tweet:

Of course I couldn’t help but respond and call out this tweet since I don’t think it really did a good job of accurately representing what’s really going on…

So it looks like, as happens quite a bit on Twitter, the person behind the tweet is just trolling and he might get some attention from it – heck he got this blog post out of me! I don’t think this tweet does a good job of doing the math, so let’s look at the data straight from VeriSign:

• Verisign ended the second quarter of 2021 with 170.6 million .com and .netdomain name registrations in the domain name base, a 5.2 percent increase from the end of the second quarter of 2020, and a net increase of 2.59 million during the second quarter of 2021.
• During the second quarter of 2021, Verisign processed 11.7 million new domain name registrations for .com and .net, compared to 11.1 million for the same quarter in 2020.
• The final .com and .net renewal rate for the first quarter of 2021 was 76.0 percent compared to 75.4 percent for the same quarter in 2020. Renewal rates are not fully measurable until 45 days after the end of the quarter.
  (Source – BusinessWire)

Now to be fair, I kinda like tweets like this, just like I like the tweets that claim NFTs are dead. So maybe ignore the data and read the tweet, .COM is dead so stop buying them and save them for the rest of us