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I don't get it, there was a lot of screenshots of consoles and such, is he implying that he actually did do this? .

He did pentesting for Kuwait government.

He's saying he could have done it.

Why not follow through with something mild to demonstrate his case (with or without admitting to it)?

Yeah, why not?

(Holy f* s*)

Yes but not for real, it revolves around the idea of making hackers the most feared bunch of people.

But was it done by hackers? Or the whole talk is full of shit?

Some was done by hackers. Remember that to topple a gov you need air and ground support, he just covers the tech part :)