Krishna speaks in a cascade of declarations. The Vedic ritual — that is me. The yajna — that is me. The offering to ancestors — me. The healing herb — me. The mantra, the ghee, the fire, the very act of pouring the offering — all me.
The word 'aham' rings out eight times in this shloka, like a bell being struck again and again. Each ring widens the circle. Krishna is not saying that only formal ritual matters. He is saying that the sacred presence runs through every element of worship — the spoken word, the flame, even the spoon that carries the ghee.
For anyone who has ever sat before a havan, watching the fire crackle as mantras fill the air, this shloka names what they sense but cannot articulate: every piece of it is one connected whole.