It matters to me as a personal user because my use of duplicacy might change at some point and suddenly I'd lose rights to use it (unless I pay). I'd lose rights to any development contributions I might have made unless I pay.
And as a personal user, I can't use any code from Duplicacy in any other project. I can't even, say, create a package for it and get it included in Debian.
And aside from some of these practical issues, I'm a personal user who supports software freedom so I don't want to use something encumbered in this way.
And as a commercial user, any development contributions I make are no longer my own and I have to pay to make use of them.
But the worst part of it is, your license isn't very well defined. As it stands, you may at any point stop accepting license payments from a commercial user and they'd lose the right to use it entirely - they'd lose access to their backups (unless they used the software without a license).
You of course have the right to choose any license you like! I just wouldn't use duplicacy myself under the terms of that license.