Probably could be used by a person selling a certain digital product. Whereas instead of going to a mediator like selly.gg, the seller sends over the encrypted file then the buyer just unlocks it by sending BTC to the address(seller's address) to un-encrypt the file. I don't know though, just trying to make sense to it.
Because of "ransom ware" this is going to be a hard sell. However there are use cases where it makes sense. I could, for example, have an online store that sells files. Rather than provide protection for the files I could sell the keys to decrypt them. So you would download say a cookbook and when you pay via bitcoin it unlocks the file for use.
Seems like the only real-life usage of this stuff would be if you're selling stuff and you want people to be able to use it only when they pay.
It would make sense if you don't want to install plug-ins to create a pay per download fee restriction on your website.
But...would this thing work with multiple users?
Would you have to encrypt each file one by one with a different address?
Also, it seems that you'll also have to ask the buyer to download and install the software for it, that's not going to be the selling point of your stuff...
Really, too many damn questions, probably the only way to figure this thing out would be to test it, but that is going to have to wait till Sunday as no way in hell I'm going to use my laptop to run that.
Once I'm at home and I can run a VM I'll give it a try.
It might be stupid but for sure it made me curious
