Here is the reverse effect of another modern staple -- Snapcaster Mage. Instead of being able to cast sorcery and instant cards from your graveyard, it allows you to do the same but from an opponent's graveyard.
So this hits the spot twice: you get to cast a spell from a graveyard, and at the same time, you exile it from your opponent's reach. This is a pretty insane effect, and everyone and their grandmother will want to play this card.
The price will definitely spike on Dire Fleet Daredevil as soon as players will realize just how strong it is.