Those people DID do research and at the time believed Monero had proved nothing that made it valuable as a coin. I'm not saying XSPEC will follow the same path for success, but the arguments sound very familiar. If 1.4 is released there will actually be code available to parse other than foundation updates needed for 1.4/2.0. If 2.0 is actually released... well, it won't matter because anyone who didn't invest will have missed their entry point.

Anyone notice how he avoided what it would take for him to stop believing its a scam?  Probably because its not about the project itself. Its about spreading that sweet, sweet FUD.