I just now got what you are saying.

This is interesting, I mean A.S. was talking about the merchant class but I suppose infosec professionals as well as commercial parties attend defcon. Are there market-directed shennanigans going alongside the tech workshops and talks? I wonder what Crowdstrike and AWS executives talk about at those kind of industry gatherings. I guess the NSA isn't a commercial interest exactly...

I think A.S. was not proposing a theorem as much as casting a jaundiced eye over such proceedings. But he never did a hackathon.