>pay-to-win money treadmill game
Money isn't really an object at any kind of serious tournament - everyone has/ can borrow all the cards they need to play.
Re:What Broke the Magic Online Economy?
by PhasmaFelis on Saturday June 13, 2015 @04:14AM
(#9710315)
Sure, but you're not going to tournaments unless you're already a serious player, and if you're a serious player you're going to be buying new cards on the regular. The tournaments and such are really just icing, from WotC's perspective.
They had that entire previously-untapped goldmine of a market space to themselves (or near enough, given the quality of their early competition) for long enough to get really culturally entrenched, and that meant they were able to shift the model online (and keep a much greater chunk of the profits) without as much resistance as you might expect--if you already believe that 5 cents' worth of ink and cardboard can be worth dozens or hundreds of dollars if it's got the right picture on it, it's a lot easier to believe that the same picture on your computer screen can be worth the same.