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It's apparent that the Reddit CEO doesn't appreciate that most of their content is produced by users and moderated by unpaid mods. I fully think Reddit deserves to be paid for API usage somehow, but stubbornly asking 24 cents per 1000 requests is ridiculous.
I totally agree with you, I don't see any reason Reddit shouldn't get paid for the usage of their API, but this draconian policy, along with all the other awful things they're doing to their userbase just makes it not worth supporting anymore. If there was some sort of negotiation or some form of compromise then at least there might be hope for the platform.