[theamk]

All of those are true only if you stay on-chain, once you touch the real world things get much messier. Coinbase had outages. The number of coins in your account is safe, but their buying power is fluctuating much more than any old-school securities. Instead of "opaque liabilities" you have bugs in the contract. And the currencies are only solvent as long as there are buyers and media interest.

Also, I couldn't help to notice that you have ignored my questions -- how will the non-blockchain businesses use it? If a bakery needs some money to get a new bread machine because old one broke, do you really expect them to create a new token and adverize it all over the internet?