To be fair, the main argument in the response article is that Andreas's troubles installing a full-node wallet doesn't relate to how an IoT device would use it,

To be fair, the main argument in the response article is that Andreas's troubles installing a full-node wallet doesn't relate to how an IoT device would use it, so the article's conclusion isn't well established. All the arguments about "how can something that's pre-alpha be worth billions of dollars" are perfectly valid, but the original article seemed to address IOTA's worth for IoT devices, and seems to have missed the plot on that.