This is a complete nonsense. The only reason why it works now is because no one is performing an attack.
None of it is nonsense, just statistical fact from the chain.
I suspect that no-one is performing an attack because there is no gain to be had from it... and this is the very definition of secure. Someone could make a very very large spend and destroy BTC tomorrow, as well, but it doesn't happen simply because there is no rational motivation to do so. I think the state of MOTO is no different.
As more potential for gain appears the hashing efforts of the attacker's competition for blocks should also increase proportionally, keeping the expectation of the attacker relatively low.
Current network difficulty is very low, bots can generate blocks with current difficulty in mere seconds if not faster, using several computers they would be able to do it even faster. Spacing between blocks is now long just because bots don't use their full potential.
Bot miners don't use their full potential for the same reason mining pools tend not to throw all of their hashing strength at a brand new coin right away - nobody wants to be the one to precipitate the "race to the bottom" too soon.
In MOTO, we also have a second rationale for the bot miners to scale as slowly as possible, to allow opportunity for skilled human miners to continue to participate.
If an attacker suddenly comes in with a datacenter and no throttling on their bots, I'll just come in with two datacenters and no throttling on my bots, and the only thing that will really change from our current state is that even the most skilled players will then be screwed out of any chance of subsidy.... the network itself will remain strong and secure.
Can we stay focused on the real topics at hand, which are how to properly adjust difficulty target (let's just return to a more classic retarget with a small upward pressure to prevent un-mine-ability?) and how to make the constant map resets not hamper players so much (let's just give them N blocks to choose from for their seed?) and worry about these more philosophical debates after that?
EDIT: I should note something on a point that DeepCrypto brought up earlier, about the safety of added upward pressure. With most coins, adding an upward pressure would be particularly problematic because of the relationship between difficulty curve and distribution of the total finite supply. MOTO attempts to maintain no such relationship as there is virtually an infinite supply. (Presuming humanity persists long enough that overflows become a concern (nothing in our universe is really infinite, co-moving visibility and all) I think we could safely just bump bit widths up as necessary.)