I have not looked into the hyperloop in detail but it doesn't immediately jump out at me as bullshit, I see no over-unity claims, no magic required. Given unlimited resources I have little doubt it could be made a reality. Unlike aircraft, capsule weight is of relatively little importance, the thing could be incredibly stout and sturdy
Now whether or not it ever becomes feasible to actually build the thing I don't know but the safety aspect doesn't worry me too much. Somewhere between 100-150 people die every single day in car accidents just in the US, rapid transportation has inherent risks. Yes a hyperloop accident could be spectacular with a lot of deaths but so is an airliner crash and that doesn't stop us from flying. I suspect the barrier is going to be almost purely financial rather than engineering. Building an entire new infrastructure of this sort is incredibly expensive, it pretty much has to blast straight through to be practical.