From what I read in the HN thread the token is only used for governance (and possibly also fundraising), it is not baked into the actual platform. I am happy to be corrected though if anyone knows more/has more details.
I agree that Forgejo looks good as well and is likely more usable than Radicle right now. But I do think there is value at looking at P2P solutions.
Why? It is the same power dynamic as any other open source project that is primarily built by a company.