Yes
When kaido is getting his ass kicked and is trying to sound brave and hype himself up, he is delusional. Like, literally 1 chapter after he said no one can beat him to goofy, goofy beat him.
But, kaido hyping others is from his respect of their strength.
People can rarely be unbiased and objective when it comes to their opinion of themselves. But can be very subjective when it comes to assessing others.
It's not that hard to understand.