I dont get whats so wrong about whats hes saying, just actually read it. Basically what he is saying is that the thing happening in August 1 is a plan by big companies to try and control bitcoin as they have tried in the past with other coins.
Everything about August 1st is pure speculation. Just like when deciding to invest into a coin people say is going to be great. All speculation. There is no guarantee that Bitcoin will succeed or deplete after August 1st.