One thing that can be better called out is that this issue of function coloring isn't just an async problem. Exceptions cause function coloring--and not just Java's controversial checked exceptions. An infallible/fallible domain split is function coloring. Javascript's async handling is called out not because it's doing the function coloring but because--in 2015--the tools that existed for dealing with async code in JS libraries were really, really bad, largely reliant on callback hell. Promises and the async/await keyword fix most of the issues, and the ones that aren't fixed boil down to the fundamental issue that an asynchronous event-loop model and a synchronous batch model are just different programming paradigms to begin with.
Passing in the context as an argument or making it a global variable or returning a monad doesn't do anything to uncolor the function. What's the difference between `async function f()` and `function f(eventloop, callback)`? Only syntax.
Not to mention there's lots of colors unrelated to async, that most languages don't type at all. And if you use the wrong one, your program just doesn't work correctly at runtime. Thread-safe vs thread-unsafe. Blocking vs non-blocking. May throw/panic vs won't throw/panic. May fail/return null vs infallible.