Damn. This is a huge mistake. I've used 1password for over a decade. I will happily buy an upgrade license. I just don't want another subscription to my credit card. This is rent seeking!
>People are said to seek rents when they try to obtain benefits for themselves through the political arena. They typically do so by getting a subsidy for a good they produce or for being in a particular class of people, by getting a tariff on a good they produce, or by getting a special regulation that hampers their competitors.
You may not like the subscription business model, but it isn't rent seeking. Monthly payment != rent seeking.
> Rent-seeking implies extraction of uncompensated value from others without making any contribution to productivity.
I think the rent seeking comment was about removing the option for (free) Dropbox sync and only supporting the subscription-based plan. They are asking for more money for less product.
Maybe I'll try bitwarden.