Meanwhile I don't have enough fingers and toes to count up all the people I've known personally who have been killed or crippled in auto collisions.
That also means nothing, because you said nothing about how often the coin is flipped.
The first papers that show up in google say "Mountain biking athletes were found to have an overall injury risk rate of 0.6% per year and 1 injury per 1000 h of biking." and "75% of the injuries were minor, such as skin wounds and simple contusions"
4000 hours per serious injury would mean 2000 hours per coin flip. A hypothetical person that bikes twice a month, 4 hours each time, for 20 years with these accident rates, would have flipped the coin once.
But if the accident rates were 10x higher, you could easily still get the same results. One person is just not enough data here. Let's use the real data that show it's pretty safe.
For society only; what's the TCO of a mountain biking injury times the rate of injuries, over the TCO of obesity and depression times the likelihood a sedentary lifestyle results?
without access to that data, his anecdote does appear to be a stronger argument than literally no data, no?