It's not just throughput, but also latency. I'm getting 20-30 ms ping to google, which is 2 frames latency. For something like an RPG, or among us, that's probably fine. But for an FPS or a fighting game, that's a huge difference. And I live in a city center with good internet.
Internet performance in Europe has improved dramatically over the past year and a half. Average fixed line download speeds have increased by more than half (+51.9 percent), from 68 Megabits per second (Mbps) in March 2020 to 103.3 Mbps in June 2021.