I choose to be resolutely sceptical, and therefore, am in the perfect position to be pleasantly surprised.
Discussion
Seems like a reasonable position.
One positive is that it looks like he's pushing his work to GitHub.
If he maintains the open-source nature of the product, at least we'll be able to vet and verify it, for ourselves, much in the same way we do with Bitcoin.
Unlike other centralised, black box approaches to digital identity, if he aims to shaft folks, at least we'll know about it, and the extent to which he's able to do it...