- Parents can more easily monitor their children's viewing habits?
- Caretakers can assess whether the browsing activity for the elderly is normal?
- Personal data isn't "locked up" and purely entrusted to ISPs, companies providing services, and sophisticated criminals/intelligence agencies?
- Peer groups of friends and companions can verify that payments made by people are expected?
- Peer groups of friends can identify attempts to scam/defraud people?
- Archiving of societal activity over history becomes easier?
- It's more like the way reality is?
Edit: consolidating some extra items from previously-separate comments:
- Bonus side-effect: computationally less expensive.
- One significant/important drawback: authenticity and content integrity become harder to verify (although those can both be achieved thanks to cryptographic signatures within plaintext transmissions)
- Any joke you make can be misunderstanded by the HOA.
- Someone can see and post your salary in a big sign in front of your home.
Is it the same to ask: strong arguments to deliver untreated water to people's houses?