Are there any demographics information about the people who spend a lot of money on microtransactions? There’s obviously a decent chunk of the population who does but Im not aware of anyone in my circles with this habit. Is it mostly children?
Another reason is that mobile games are considered childish. So admitting to spending money on them has the danger of people considering them childish. At least in their minds.
We are sort of in a transition period where only more veteran gamers experienced the norm of having fixed cost games, whereas now microtransaction based monetization are normalized.