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as a longtime telecom beat reporter I spent years tracking how telecom monopolies dominated markets then nickeled and dimed users with predatory usage surcharges so it's wild to see a market that isn't even established or profitable yet jump right to the fee enshittification

I don’t even think the current tokens are at “enshittification” levels. I think they’re probably still losing money on them, it’s just that they’ve lost *SO MUCH* money that they have to start charging