I've been saying that Mojang/Microsoft is destroying Minecraft for years, and I've finally been vindicated now that they've done something so horrible that the entire community hates it. I think I have the right to be at least a little bit cynical.
I had much hope for Mojang, but this really just soured my mouth, I really hope something will happen or they at least improve the system, though I doubt they will. Best regards for the future