If you don’t want it, don’t redeem for it. Nobody is forcing you to. It’s over priced so it’s buyer beware, same as literally every other consumer interaction everywhere else someone is selling something. If you’ve got that many RP, you could redeem them for btc, transfer it off site and buy the iPhone at a more reasonable cost. Since RP are just an extra rewards program anyway that doesn’t need to be offered, criticizing it is a bit much.