I agree they know we have the tools/technology to pull it off. I think they arrogantly assume a few things:
- The blockchain that pulls it off will be of the web 2.5 variety and will be ultimately regulatable, setting the new 60-80 year standard for them to continue what they are doing.
- Any true web 3.0 blockchain can’t pull it off because how can anything of significance be accomplished without centralized leadership and VC money. “Look at those decentralized amateurs running around!”