I can't use a passkey on a device unless I can install my password manager on that device and I am comfortable giving that device access to my passkeys. Passwords are simply unparalleled in their flexibility. You're never going to be locked out because <bluetooth, your TPM, your phone, ...> isn't working today.
I think the bit about TOTP was mostly a joke, the problem with passkeys is that they're billed as a replacement for passwords but they mix lots of MFA concerns in and make interoperability essentially impossible a lot of the time.
I think the bit about TOTP was mostly a joke, the problem with passkeys is that they're billed as a replacement for passwords but they mix lots of MFA concerns in and make interoperability essentially impossible a lot of the time.