When stream trading was more of a thing, and we had a ramen diet, it was probably true
Now, I can to some extent automate the rip-out of steam integration, there are solutions. And thus not rely on torrents. But why would I if it's the same thing in the end, and torrents are that much simpler.
Sure, that loses out on the ability to transfer it to a friend, but it's better.
But that's just using what you payed for, it only very slightly overlaps with what actually owning something entails.
That doesn't invalidate your other point.
Maybe if you look for evidence to be pessimistic, you find that, and if you look for evidence to be optimistic you find that.
I'd rather choose the more positive, hopeful perspective than the negative, downer one. What about you?