The only question I really have in mind is who should/will pay so we end up with that roughly $24 average per annum per music consumer. Current distribution schemes seem to indicate only about 5% of the people will pay anything significant for music. The rest want it free. But maybe they would pay a little if it was reasonably insignificant and hassle-free.
This is certainly true for me. I have not paid anything for music in the last 10 years. However, I would certainly be wiling to do so if
1) I could easily identify music that I wanted to listen to with spending lots time sorting through music I disliked
2) It was easy to buy and doing so did not take much time
3) The music was easily transportable so I could listen to it
without having to worry about remembering to carry around an ipod CD or some storage device all the time.
I suspect there are a lot of people out there like me.
You precisely confirmed my logic on what people with money want. Thanks.
Decentralized file storage or not, is sort of irrelevant to your needs (ditto the musician). One can argue that SoundCloud couldn't continue its model because it was centralized and got pressured by the RIAA et al (with the implication that decentralized file storage would be immune, but I have my doubts about that look what they are doing to KimDotcom). But I tend to think they made some poor choices because they didn't understand what you wrote above and some other things.
People have less time than money. That will become true in the developing world soon also (if not already starting to become the case). This is the reason people like Apple products (they work seamlessly and save time).
Damn you precisely hit the nail on my new project with the bolded phrase. Amazing how precisely you even hit the name of my new project with that statement.
Readers this is not some connived BS. I didn't tell CoinCube what to write.