Well it depends what you mean by true. There's a level of analysis we can take where there is no such thing a self or an ego. And we can just call the ego or self a chemical reaction.

In that light were all the same until the chemical reaction seizes individuality.

When we look at a river and we see the water falling. Some of the water is being evaporated. Other is being splashed onto rocks. Some absorbs CO2. But we call the entire thing a river.

Our brain is like the river where many physical and chemical events are taking place. And it is those event in our head that give rise to an "I." But those are just like the events in the river, in that it's just matter responding to the laws of the universe.

I think of reincarnation like this. You look at a tree and know that it will eventually die. But there will be more trees of the same species that will grow again. And to us one tree is just as good as another. We don't name the trees and assert their individuality. And each tree came from the same source and will end the same.

In the same way that's us. I'll die. You'll die. But there will be more people who are conscious just like you and me. And the conscious, in its purity, doesn't claim inherent existence or separation. It is dependent on conditions. And it is those conditions which allow it to be and assert its individuality. The only thing that separates me from you is the nature of the chemical reactions in our head that tells us so. But it's all just space and energy yeah? Do their small difference in behavior between me and you deserve respect in an absolute sense? Or only an anthropocentric sense?