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That’s true of lots of predatory behavior and doesn’t excuse it. Even if 90% of people don’t use them, the whales make it worth it. People with addictive personalities or so much money that it just means nothing to them. And we all suffer for it.

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I don’t see how games having microtransactions necessarily hurts anyone else

Many games wouldn’t exist at all without said microtransactions (looking at you, League of Legends) and I vastly prefer having those games to not having them

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