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The Hyperloop was always a scam
(www.disconnect.blog)
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this post was submitted on 22 Dec 2023
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Hyoerloop is not a scam just because The con man proposed it with the intent of stopping a high speed rail road project.
It's a scam also because:
I don't think you can say any of this until you actually put some money into it and check. Technology improves all the time and with it economics of such project. They didn't really try to build any actual routes. They just tried to do some prototypes and check current feasibility. I don't see this as a scam or a bad thing at all. No public money went into this.
That makes no sense. It’s been repeatedly tried and failed for very obvious reasons.
Technically it’s very very hard unless you spend so much it’s uneconomic and takes too long to develop.
Secondly, its investors who were scammed. Yes they could have done better due diligence but they were still scammed.