I think it's solution looking for a problem. Interesting in a technical fashion, but ultimately a waste of time. I'm sure with more time he will make it smaller and lighter / cheaper, but as others have said, internally routed cables are already well hidden and unobtrusive, so why would you need to do away with them? As for hacking/blocking the signals, it can be done. With an encrypted BT it would be very difficult to break in, but it's very possible to flood the channel with noise in such a way that signals to the unit will get lost, especially in high EM environments.
As for 12 speed, won't that make the spindle longer, thus moving the spokes anchor to the hub inwards towards the wheel centre line? If they do that it removes some of the lateral rigidity of the structure, meaning more spokes or a wheel that flexes more.