If Spotify wants to refuse to fulfill requests for one resource (e.g. songs) separate from requests for another resource (e.g. ads), I have absolutely no problem with that. But if Spotify chooses (as appears to be the case, at least before this account suspension policy) to fulfill both requests independent of one another, I believe I have the right to make either request, both requests, or neither request.
In other words, I have absolutely no qualms with users using ad blocking software, just like I have no problem with users using firewalls, antivirus software, or content restriction software. And I also have no problem with Spotify attempting to prevent this activity, either by making ad blocking technically infeasible (radio figured this out over 100 years ago), or by suspending accounts that violate their terms (especially free accounts, since the customer would have no case that Spotify owes them a refund or compensation).