glenn touches briefly on the key question for most people: the difference between a payment system and a currency.
i have zero interest in bitcoin as a currency, despite some awareness of the theoretical interest in what it would mean politically and economically.
i have HUGE interest in a fee-less (or least absurdly cheap) payment system (particularly in the US where even a regular one-time bank-to-bank transfer takes either 2 days or ridiculous fees).
people need to split these two functions apart a lot more when they discussion bitcoin, because they are in no way necessarily related.