Whats cool about this paradigm shift is that its going to take away power from the most centralized institutions. It's going to rapidly bank the unbanked. I believe it was something like 2 and 1/2 Billion people in the world don't have access to banking services. These people can now transfer the value they produce in the world to any person on the planet in the click of a few buttons. This is liberty at it's finest.
Now the entire world will be able to practice financial freedom because value will now be decentralized, so anyone can go anywhere in the world and find funding for whatever enterprise they want to pursue. This will allow numerous projects to emerge in the 2nd and 3rd world, because of this opportunity a few billion people will be catapulted out of out of poverty.
