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@dancing james
I find it incredible that despite a fairly detailed discussion of risk and how people manage risk a great number of people have failed to even read or understand it.
I think some people here just want to wade into the argument without actually wishing to read what has been posted already or to actually engage with the subject matter.
My "daily mail" reactive response is that riding brakeless is not a clever thing to do. However if you consider how people risk manage then it is probably the case that brakeless riders will not tend to cycle as fast but by goin more slowly they have more observation time, greater braking time etc.
I am willing to accept that line of argument, though given the fact that chains can and do fail I personally would like the backup of another braking system.