[hamilyon2]

As I said elsewhere, permissionlessness and effeciency. Consequences are that you no longer need to be high frequency trader to transfer large amount of value with low cost.

Similarly, now if you want to transfer very little value without cost, your options are to be within same bank or telecom operator as your receiver. Or watch an ad.

Imagine you could transfer 0.5 cent internationaly every minute or every page load for no added cost. What kind of service would that enable? Content monetising without ads, one example. Censorship-free hosting as a service, the other one.

[trophycase]

It's much more than that even IMO. We're just getting started.