An update has been announced in the Release Notes, Death Cost.
Death Cost - This new feature has the Captain of the Ferry of the Damned deduct a small gold fee when you die. Rates are dependant on the cause of death, so the more avoidable the death, the less patience the Captain will have when we enable this feature!
Please note, we never intended to charge players for PvP related deaths, as we understand the negative impact this would have on player experience.
We understand that this addition to the release notes was a little confusing, and in the future we will ensure that any future updates we discuss give you a better understanding of how and why we're implementing it. Sea of Thieves is constantly evolving, and any feature we will test, monitor data and listen to your feedback to ensure we're making the right decisions.
As this is a hot topic which the community are very interested, we've decided to gather all your discussions, thoughts and concerns in one Mega Thread.
As a result this thread is locked, thank you all for your feedback!