For instance?
(Full Disclosure: I was one of the larger of the financial contributors to get this thing made. Peter Todd was the driving force behind it. Since I've gotten involved with Bitcoin I've seen bloat as being the Achilles' heel based on what influences it will have on the evolution of the ecosystem, and I've put my money where my mouth is. I posited back in 2011 that the most effective way for TPTB to kill Bitcoin would be to embrace it and make it grow it's way into a situation where subversion was possible.)
Why don't we start with the fact that the video defined "participate" (as, in "everyone can participate in the Bitcoin network") as meaning that everyone can donate resources to operate a Bitocin node, but they'll only actually be allowed to use Bitcoin two or perhaps three times in their life.