It’s one of the mute evil plans.
But my tech point relates to this:
“functions and operates pretty much like Safe…inc farming small amounts that can be used to buy “stuff” on the Network etc”
I don’t see how their tiny chip can do anything useful. I haven’t done any analysis, but this is now the problem with bitcoin. Mining is so hard (competitive) that you need to use serious kit to mine at all.
So they are not mining bitcoin with those things, and if they created an altcoin, centralised miners could step in and capture the market.
So again, I don’t see what their proposition can be. Maybe that’s why it’s secret… 