He is definitely not far from the truth. Unfortunately, we can't just accept that we are gradually lossing the suppose decentralization to the centralize system. Those who are non-Degen gamblers are left with no option than to wait for the reduction in transaction fees. It's keep getting easier for the Degen gamblers, and keep getting tougher for others. How did we get here in the first place?, Where are we getting it wrong?.
The ordinals situation is already hurting some of us, but nothing is being done. This is how we gradually lose our stance from the decentralize world. I hope the crypto community fix this soon.