It looks so attractive. And is right up my "theory of the firm" alleyway.
But there are two issues kind of intertwined. The current crop of businesses - both coin based and normal, are about allocation of scarce resource (bedrooms, taxis, hard drive space)
Now that is really all about ownership of scarce resource.
The fact that Airbnb users make money by selling rooms they don't actually have ownership of (i.e. They don't have full rights to sell, either cos it's their rented apartment or cos local law says hotel rooms need fire extinguishers) is kind of glossed over in this egalitarian rush. If the "real" owners got their full allocation this would be a boring story of more efficient returns to capital.
Almost all of the internet is like this - YouTube does not pay IP owners, Google does not pay me for my blog writing.
Perhaps coins will more accurately reward the owners of these resources - paid to blog, paid to drive taxis, paid to own IP rights - but this is just solidifying the status quo.
This leads to my second point - that those with nothing cannot grow in a world where rewards are efficiently returned to owners. Filecoin rewards those who are already rich enough to own a hard drive and electricity. And if the economics work those who own a data centre.
Without some egalitarian system built in, yes even government redistribution, then I can't see how tokens and coins can do anything but make Pikkety more right - more returns to the owners of capital.
If coins are just another currency, then they are just another way to measure capital - and I can't see how that is going to make the world into my utopia
But I do want to believe.
My fear I suppose is that for all their libertarian roots, coins are traceable and vastly favour the top billion humans right now - and we are solidifying the status quo - it's not as bad a world as it has been, but I don't want to be stuck with it.