Anyone that unironically uses the word "loser" to try to motivate a policy by mocking the opposite, is not mature or responsible enough to be in a position of power.
Also, mocking instead of giving technical reasons only happens when you are not right but want to win the argument anyway.
So yeah, he just outed himself as not fit for any manager position, worst of all a CEO.
People saying they will go back if he steps down, I think this kind of is a wake up call on the company using privacy not seriously but as a marketing gimmick.
I would stay away from them. Surprise surprise, another YouTube advertised product that is shit....