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🕹 Get a browser that’s literally better at everything: https://operagx.gg/Idyl2 Sponsored by Opera GX! Patreon: / idyl Microtransactions are, without a doubt, getting worse. More and more games include them, and they are becoming features instead of side attractions. So how did we get here? Was it really Oblivion's horse armor that set us on this path? (no it wasn't watch the video pls) 00:00 Intro 2:21 Horse Armor Isn't First 3:03 Arcades 10:21 Online Games & MMORPGs 15:17 Premium Currencies 18:00 Furries??? 19:06 Premium Furrencies 24:55 Bonds, WoW Tokens, and Level Boosts 27:25 The Horse Again 30:15 Loot Booxes 34:33 Battle passes 38:00 Capitalism bad =SOURCES= The Dot Eaters — "Gorf" retrospective: https://thedoteaters.com/?bitstory=bi... Hardcore Gaming 101 — "Double Dragon 3 (Arcade)": http://www.hardcoregaming101.net/doub... Meridian 59 Launch Press Release (3DO, Wayback): https://web.archive.org/web/199610250... Next Generation (1996) — Chris Holden on online revenue models: https://archive.org/details/NEXT_Gene... Richard Bartle — "Designing Virtual Worlds" (PDF): https://mud.co.uk/richard/DesigningVi... PCGamesN (Achaea/Matt Mihaly): https://www.pcgamesn.com/first-game-w... Rock Paper Shotgun — Achaea: the game where microtransactions cost hundreds of dollars: https://www.rockpapershotgun.com/acha... Rock Paper Shotgun — "How much does it cost to play Diablo Immortal?": https://www.rockpapershotgun.com/how-... MMORPG.com — "Earth Eternal Review": https://www.mmorpg.com/reviews/earth-... MMORPG.com Forums — "Earth Eternal shutting down": https://forums.mmorpg.com/discussion/... MIT Technology Review — "Virtual Economics" (Second Life): https://www.technologyreview.com/2005... Medium — "MapleStory: Beyond the Game": / maplestory-beyond-the-game GameFAQs — "MapleStory" user review: https://gamefaqs.gamespot.com/pc/9246... Goal-Gradient & Illusory Goal Progress (2006): https://home.uchicago.edu/ourminsky/G... RuneScape Wiki — "An Important Message from Mod MMG": https://runescape.wiki/w/Update:An_Im... Ars Technica — "WoW’s $60 level-90 boost" analysis: https://arstechnica.com/gaming/2014/0... Eurogamer — "Blizzard explains $60 level-90 boost": https://www.eurogamer.net/blizzard-ex... Ars Technica — Oblivion horse armor editorial: https://arstechnica.com/gaming/2006/0... The Ledger — "Oblivion makers want us to shell out way too much cash": https://www.removepaywall.com/search?... Wired — "Oblivion horse armor" is "weird, vaguely troubling": https://www.removepaywall.com/search?... GameSpot — "Oblivion Horse Armor now available": https://www.gamespot.com/articles/obl... Kotaku — "Oblivion horse armor": https://kotaku.com/elder-scrolls-obli... GameSpot — Peter Moore on EA’s free-to-play/microtransactions future: https://www.gamespot.com/articles/pet... CSGOSkins.gg — CS:GO/CS2 skin market overview: https://csgoskins.gg/markets TheGamer — CS2 AK-47 "Blue Gem" sells for $1M+: https://www.thegamer.com/counter-stri... FTC Press Release — "CSGO Lotto owners settle FTC complaint": https://www.ftc.gov/news-events/news/... Epic Games — "Fortnite Battle Royale Season 2 Battle Pass is here": https://www.fortnite.com/news/fortnit...