I agree with the “straight from ICANN” part. Having a private entity maintain your address is not unlike yourname.someoneelse.com, you’re at their whim.
Also I see no reason why ICANN has given out the right to sell these domains to private companies that do nothing but seek extra rent on the ICANN domain price. Let alone why governments were given control of the two letter domains, so ly can kick you off if Lybia thinks you have something objectionable.
Because ICANN doesn't want to be in the business of running a couple hundred domain registries. They are not at all equipped to do that, either on a technical or a staffing level.
