Always has been.

If you can't afford a UTXO, you do not own Bitcoin.

If you have your Bitcoin in an exchange, it's not your UTXO, and it's therefore not your Bitcoin.

For this reason, most people who think they own Bitcoin today do not. They may have rights to it in a legal sense, price exposure, but do not unilaterally control a UTXO.

Why is this the status quo? Technical friction.

Friction is an inherent trade-off vs. centralization, and the number of people willing to overcome that are few. If you manage to solve one friction, there will just be another, and another after that, because decentralization necessitates it.

One friction in particular remains unsolvable, and that's by design. There's only 8 decimal places of Bitcoin, and the value of each decimal is increasing exponentially. Affording enough decimals is technical friction, and despite the claims of many scammers trying to set up coordination schemes while avoiding regulators, THERE IS NO SUCH THING AS A SHARED UTXO.

An ATM that only puts out $20's can't help you if you only have $10 to your name. Scammers are claiming to have a more granular ATM, but to achieve that it spits out chuck-e-cheese tokens you need to redeem at the counter and not real $20 bills you can use somewhere else.