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PART 2 IS OUT, INCLUDING THE DISCLOSURE OF A GLOBAL FEDERATION DATA LEAK, AND THE ANATOMY OF A GDPR DATA REQUEST HANDLED BY MATRIX.ORG. SEE THE REPOS ABOVE.
Thanks for the detailed analysis. Some of the points are accurate, specifically:
Much of the rest is incorrect or hyperbolic however, and I've posted a response at https://matrix.org/~matthew/Response_to_-_Notes_on_privacy_and_data_collection_of_Matrix.pdf (apologies for the PDF, but Google Docs doesn't seem to expose a read-only view of commented docs.)