Interresting point of view.

But don't you think that today's internet already provides lockout and micromanagement without ever needing the microtransaction part?

This is actually all the talks around censorship on various platforms and random ejection from various marketplace/social system without much recourse for some (can go from being censored on any given social network, to being prevented to publish on app stores, to having your google account fully taken away).

Sure, you might still be able to access the internet, but is that relevant? What people come to do on the internet is more in relation with other people than anything else. Tech doesn't matter that much; everything ends up being built around social networks/issues.

And in the end, the internet is just a layer built on top of a physical system that is very much dependent on a given social structure/hierarchy. If that social structure wants you out, it won't make much of a difference how your internet software works.

I kind of get what you are saying, but I fail to see how a microtransaction internet would be any more tyrannical than the "real world".