Thoughts on lootboxes?

Without lootboxes, all those cosmetics would be either event or store only.
But with them, you can obtain everything for free.
Or, crazy idea here, they could just be regular unlockables? You know like every game ever did before they figured out they could artificially extend the life of the game or squeeze out extra money from people?
 
I find it funny that after bitching about government getting involved in video games that people are now happy that the government is getting involved in video games.

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