Sure, I realize that it is for collateral. Nonetheless, that is why I spend my time doing stuff with IPFS rather than Siacoin.

I tried to answer your question about why people are hyped for IPFS/Filecoin (some only for one of the two) rather than the alternatives. It is not only because IPFS/Filecoin are "flashy", but because contrary to your claim developers _did_ have something working to play with from the same developers for quite some time which is also superior in some regards (public hosting).