Close, the decisions were based on the speculative myth that the RAM shortage (which is long over) would prevent the ASIC manufactures from competing with the GPU manufactures. These decisions were made by people that have no clue how much RAM the current ASICs even have, much less how much they are capable of having (or at what cost the upgrades would come).

It's all a bunch of garbage that preys on the notion that us GPU owners will ignore the reality that ASICs are better than GPUs in almost every way and that we'll be emotionally linked to our investments and want to "protect them from the evil Bitmain" (who is actually only 1 of 4 ASIC manufacturers).