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Cloudflare took down our website after trying to force us to pay 120k$ within 24h
(robindev.substack.com)
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You've misunderstood the issues completely. They had no issue with paying more. The issue is with the extortion of demanding they pay for 12 months up front, the 40x increase (7 million visits a month is 3 visits per second on average; not huge - definitely doesn't cost $10k/month), the terrible communication, and the retaliatory shutdown of their account. If you can't see the issue with any of those I'm not sure what's wrong with you.
Consider how Cloudflare should have handled this:
Cloudflare are the clear villains here, assuming none of this is an outright fabrication, which seems unlikely based on the similar experiences of other people. You desperately grasping at the fact that its a casino to swing the moral balance is hilarious. Why do you want to defend Cloudflare so much? Do you have shares in them or something? (Pretty sure I do.)