You're desscribing a very loosely defined and optimistic view of how things can and will play out. This is like the equivalent of seeing the early stages of bitcoin and deciding we should all ditch all current forms of money for cryptocurrency. I could list out a bunch of ways in which the system "can" work if I felt so optimistic about the idea of the technology just like this, but any points I would make based on my intuition and desires would be put in serious doubt in light of how cryptocurrencies have played out in reality thus far.