Epic enshittified early. The whole system was terrible and they force it onto you. Here is valve actively making it easier to play your games while epic was like "It's PC gaming, you get the good with the bad, suck it!". You can't simply buy your competition when your competition has more money than God.
Epic is failing because Tim Sweeney refused to innovate the platform.
Piracy is essentially a form of archivism. The digital age literally ended scarcity in digital media and these people were like "well that won't do".