Using it allows you to either return unneeded cards to the bottom of your deck, or place cards you'll need later at the top of your deck
Since they knew that I had the cash and am a fair dude, they came to me first when they wanted to sell their cards
The full texts of these abilities are "At the beginning of the monarch's end step, that player draws a card" and "Whenever a creature deals combat damage to the monarch, its controller becomes the monarch." (2020-11-10) If the triggered ability that causes the monarch to draw a card goes on the stack and a different player becomes the monarch before that ability resolves, the first player will still draw the card
Of course, drawing up to seven cards is nothing to sniff at, but when youre paying this much mana on your commander you want it to do a little more than that
Unless youre so far into hustle culture that the only thing that matters to you is your bank account, I think most people would relate to this