Rusty is not some random douche deciding to go YOLO on bitcoin - the dude has a body of work that speaks to his professionalism and engineering prowess. Your whole first point is you making assumptions about assumptions and then dissing Rusty’s valid concerns about cpu cycles and memory use - the exact things you need to consider for DDOS attacks etc. 

Nuclear power plants generate electricity the is used in all sorts of dangerous ways and then the waste is processed into fucking nuclear weapons. Your criticism is lacking the necessary depth of understanding for me to take you seriously. 

Rusty’s proposal is the most positive development in bitcoin development that I’ve heard yet and I couldn’t be more stoked that he’s decided to use his life’s energy focused on this. Never been more bullish after hearing him speak at BTC++ in May. My two sats anyway…