This world is quite big and some people have been here for quite a while. That experience and knowledge on some topics is just different. You are not wrong, with what you know you are making good enough remarks.
That project will eventually be exposed just like signal, matrix, meshtastic and a few others have been. The conversation where you participated was spoiler a few years ahead of that future for the very few people reading that conversation. At that time some other project will be there to rekindle (again) some false hope.