Quote from: BrewMaster on December 09, 2016, 04:03:59 AM

Quote from: geofflosophy on December 08, 2016, 07:24:32 PM

-snip-
a decentralized file sharing service that allows content uploaders to monetize that content. Imagine piratebay + storj + bitcoin. Download anything for $0.05.

It will be ENORMOUS.

file-sharing and piracy is only booming as long as it is free! it doesn't even make sense to monetize it and i am sure it won't be successful. they steal content and want to charge people money for it! what is stopping me from using torrent for free?

besides it is actually going to be a lot worse for the pirates (those who make the content) when they are caught, so far they were only stealing and sharing now they are going to take money on top of it too.

next KimDotcom's lawsuit is going to be 50 times bigger.

You need to pay something so that you can pay the decentralized hosting. As I understand it, users will be able to upload content without hosting, host content without being a publisher, and buy content without being either. MegaUpload2, being just the tech stack and not a hosting provider this time around, will not be under threat. Publishers will be incented to publish better content and users will feel better about downloading vs. torrent. All it takes is one killer use case, maybe Radiohead or another content creator equally as popular will put out a song on BitCache, and from that point all of the people who jumped in will have coin in their wallet.