I guess I don't really understand the "frictionless" in frictionless programmable money. There are many kinds of friction I can think of, and it seems like you are just saying censorship-proof in a different way.
I would even go so far as to say that Bitcoin is not frictionless at all. Fees, for example, are one type of friction which is going to be required in order to pay for network security.
Edit: Unless Heam's "network assurance contracts" of course!