Earlier quoted context omitted.
> A compression algorithm that works well enough to make a P2P Internet practical seems like a ground-breaking technology that is close-to-believable. That’s not the amount of transfered data that makes a P2P Internet practical or not, but rather its reliability, something a compression algorithm can’t do anything about.
Such a compression algorithm could make it much cheaper for the community to volunteer capacity to the network (short-range relays? data storage nodes? crowdfunded cell towers?), which could make it much more feasible to build a reliable P2P network.
[1]: http://history-computer.com/Internet/Conquering/BitTorrent.h...
[2]: https://www.computerworld.com/article/3182207/data-storage/c...
[3]: https://blogs.cisco.com/sp/the-history-and-future-of-interne...