It also shows quite a bit of bias when you describe the people involved with the project as 'visionaries' and a vague assurance that aforementioned visionaries are thoughtful.
I thought you were arguing from a position of authority but looking at your comment history all I can find is "I'm a blockchain investor at [redacted]" which leads me to a placeholder website. You'll have to come up with something a little more convincing if you want us to trust your judgment.
“Please. Figure out what a government bond is, first. Then we can have a little chat about scalability.”
"electric boogalo"
"But you need to study politics, economics and history to learn things like this, which I understand are not computer science and are therefore unpopular"
That said, I agree Preston's writings should be taken with a grain of salt: he's a curmudgeon at heart and provides value to the community from that perspective.