I've also wondered this for a while but could never find an answer. Localized Korean MMORPGs tend to also use very similar, Courier-looking serif fonts to one another.
Initially, I thought it began with Left 4 Dead, but the PS1 and SNES both allowed for a simultaneous four players with the installation of their respective Multitaps. Is it because four is the cleanest split you can achieve on one monitor without going all crazy? But some newer online-only titles still issue a hard cap on four players. Maybe it's a binary thing.
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