No; unlimited was created because there shouldnt be a maximum blocksize that is part of the consensus rules.
The idea/argument that larger blocks will centralize hashing power in areas that have faster propagation
times is silly and does not hold water since A) such areas already have that 'advantage' , B) miners can
always choose to solve smaller blocks, at least for several decades, and C) the bitcoin relay network already
purports to mitigate propagation issues, claiming global latencies as low as 100ms, which compared to an
average block interval of 10 minutes (which is 0.016%, or about a hundredth of a percent) is insignificant.
Unlimited was created with only one purpose - to boost an ego of a single person who's silly idea was not accepted by core. That person is neither a dev nor understands anything about economics, that is why he keeps pushing this most outrageous idea of on-chain scaling to infinity - and now that he has spent significant amount of money on pushing this silly idea, it has become a matter of principle for him.
The fact that you monkeys jump around him does not change the fact that exactly zero people (of the ones that matter in bitcoin world) do support that fork. It will never ever be accepted, just deal with it and move on do something useful. What he might succeed in is blocking real thought-through proposals indefinitely; in that case bitcoin remains immutable and all innovation goes into additional layers. Works this way, too.
Actually, Peter Rizun seems to understand the economics of bitcoin far better than your average core fanboi... His idea is not the only alternative to core's Segwit flop. It's merely coming to the fore because of the vocal majority's opposition to Segwit and their exhaustion with waiting for core to finally raise the blocksize. The excuses and FUD have worn thin after 4 years. The time will come soon that a majority will compile and run code from someone other than core... I really dread that moment, because core is technically the most competent team. However, if they can't raise the blocksize because of Blockstream investors or whatever other covert reason, then we'll have no choice at some point. The latest mempool surge was an ominous indicator that this moment may come sooner than we expect...
As far as Moore's law, processing power is plenty fast right now, and more than able to compute the necessary hashes and signatures for bitcoin transactions. It's not Moore slowing bitcoin down, it's central planners in core's "Politburo".