"Vote with you wallet" was a phrase that was bandied about in the dark times of shitty DLC, pay-to-win and whatever the fuck "freemium" was supposed to be.
Happily, those days are behind us because we all joined hands and refused to pay for any of that shit. We should all be proud of ourselves.
That said, we didn't really vote with our wallets. We abstained from voting with our wallets. Voting is a much more proactive thing than just denying support from something you don't agree with. If you want to draw parallels to the democratic process, you need to vote for something to vote against something.
When was the last time you voted for something with your wallet? Have you ever bought a game purely because you wanted to support the developer?
(If you gave money to a Kickstarter project, you're a patron - that is not part of the democratic process)
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