It gives me hope that someone could still go out and challenge YouTube using a stable of these at various internet exchanges and a central object store/web front end.
It's not fair to Vimeo, because they actually had a copy and YouTube didn't, but because of multiple experiences like that I was surprised to see a positive remark about their quality.
It's the youtube content creators like PewDiPie, Casey Niestat, Kurzgesagt etc that makes Youtube special just like that community that makes Hacker news special.