Magnetz is a new cryptocurrency which aims to use the blockchain as the biggest torrent repository in the world, taking over website likes kickasstorrents, piratebay and monova.
I would have hoped that the internet community at this time would have replaced [the Pirate Bay] with something new and more innovative instead of stagnating in some kind of passive mode where progress is hard to see.
-Peter Sunde (co-funder of TPB) talking about the last Pirate Bay server raids by the Swedish Police.
