I've had a similar approach. My kids computers are setup next to mine and I keep an eye on what they're playing.

I've instigated a purchase wait period of at least 3 days. Very often they themselves realize that the thing that they wanted to spend their pocket money on was a brief desire.

I was super proud when I heard my son say "meh, this is pay to win" as quitting a random roblox game he was trying out.

To summarize a bit glibly, you're saying to be a good parent. Which of course is awesome, and it is important for people like yourself to explain how to do that using the available tools, etc.

I think the concern many people have is that not everyone, maybe even not most, are good parents. They are themselves addicted to their screens, sports betting, credit cards, etc etc.

How much of a "nanny state" we create is a fair question. Of course due to economic incentives the companies will generally tend to outsource the problem as "be better parents", and indeed the problems of digital society are not these games' fault or burden alone. But to me it seems we have to break the cycle somewhere, and regulating these apps more is a perfectly sensible starting point. We should have freedom, yes, but also need to make systems that match reality on the ground and don't fail under the lowest common denominator situation.

Edit: not to assume you were implying otherwise. Just that we should avoid the "well it's not a problem for me, just do <x>" error.

This is such a good approach. You're sharing interests with your daughter and teaching her valuable skills to confront problems she will absolutely face as an adult. Having the good foundation will give her a leg up later in life for sure and I wish more parents followed this example.

I agree mostly. But I would push back on the idea that you need to let your child do whatever (play on Roblox, get fancy clothes or toys, etc) because of bullying. You're trading one set of potential problems for another set of known problems, and letting your own fears dictate how you raise your kids. How do you expect your kids to stand up to peer pressure as teenagers if you give into their peers when they are younger?

I get it. We all look back at the pain from our childhoods and try to shield our kids from that pain. But unless you want your kid to be average in every way there's going to be a chance of bullying. Focus on building a strong relationship with them so that you can guide them through it if it happens.

I would be surprised if that were true. Roblox was one of the earliest games to have their digital currency for sale in corner stores where kids can buy it with cash.

nothing is free… :)