When everybody has their own independent silo-free internet presence, they will have their own data storage. Right now it may seem a bit crazy to do this at home (but - if you think about it - isn't that where most of your files are now?) but it won't seem crazy for long, as storage costs shrink. Here's an example of what I mean: "a Netgear Stora* and two 2TB hard disks in RAID1 configuration (this means that data is written to both disks simultaneously). OK, so it's just a big hard drive, right? Yes, but importantly, it provides secure web access to all your files. Your big hard drive has just become your big web server.
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