To understand why Obama gave up control of the internet, you must first understand and accept that Obama hates this nation. Yes, he hates America and he has said so, you just have to understand his language. But that is a subject that has already been largely covered by others. The subject at hand now is to offer what I suspect is a very plausible explanation for why Obama gave up control of the Internet.
First, we have to remember that, so long as this nation retains control of the Internet, and the Constitution remains even marginally embraced by the American people, there will be limits to what the U.S. government can do to control and censor the Internet. However, if the control over the Internet is surrendered to the rest of the world, then that control and censorship can be achieved in a manner that allows liars and deceivers such as Obama to claim innocence and feign outrage. But you say Obama is not giving up that type of control, only control over the domain names registration? Well, if you don’t see how this could be used to shut down the Internet, then you do not understand how the people we are dealing with think and act.