It's an esoteric language artificially coupled to a finite pki designed to enrich early founders. The language part doesn't allow anything new, nor does it do anything better - it's most similar to a lisp machine, but written in a much, much less expressive language.

It would be harmless if not for the pki part. It lives on ethereum anyway, it has no excuse to exist. Eth addresses or ens would work as well, but without the ponzi mechanics.