Actually there are a LOT of ways to get around that. If you have time at some part of your day, check out how Netflix solved their issues. Their architecture is really cool, they rely on many different locations around the globe that stream to you. You connect to the closest one, it connects to a super high speed network. http://www.computerworld.com/article/2489741/networking/how-netflix-streams-movies-to-your-tv.html

Good read, but localization is still an issue for a game like Destiny. Bungie would have to put in the dedicated servers in each region they have their game in or stick with a P2P connection in those regions, which people would still bitch about