If you could pay to an IP address as easily as you can ping it
We can do this with crypto now.
Ideally you want to use a hardware wallet though so the payment money doesn’t have to sit in a hot wallet connected to the internet, but that means pressing a physical button to initiate the payment, but it could just sit beside the computer, and eventually be built into computers.
Alternatively, you could have a hot wallet and it’s all seamless, but you risk the loss of funds from a compromised browser.
It’d include a permanent record of your ownership of what you purchased as well as long as you keep that seed phrase around, so you could redownload it if you lost the files.
Edit: And if the system was built around something like IPFS then the files would always exist.
Maybe I’m thinking of a different distributed system, but there’s one out there that replicates it’s files to different hosts if one ever goes down. With torrents people need to actively keep it up and it could be just one machine that eventually turns off, or one machine that the FBI raid and take down.
Edit: and crypto was for the payments and tracking of ownership. If you want it to be that easy to pay as pinging an IP, it can’t be credit cards or other similar methods. There are barriers all over the place to sending and receiving with that and it’d be rampant with fraud.
We can do this with crypto now.
Ideally you want to use a hardware wallet though so the payment money doesn’t have to sit in a hot wallet connected to the internet, but that means pressing a physical button to initiate the payment, but it could just sit beside the computer, and eventually be built into computers.
Alternatively, you could have a hot wallet and it’s all seamless, but you risk the loss of funds from a compromised browser.
It’d include a permanent record of your ownership of what you purchased as well as long as you keep that seed phrase around, so you could redownload it if you lost the files.
Edit: And if the system was built around something like IPFS then the files would always exist.
I’m not sure how IPFS is different from torrents. I don’t think it’s solvable with blockchain too.
It’s nice that someone’s made electronic distributed gold, but that doesn’t include a payment system.
EDIT: in any case, I’m aware of various systems covering small pieces of what I’ve described.
Maybe I’m thinking of a different distributed system, but there’s one out there that replicates it’s files to different hosts if one ever goes down. With torrents people need to actively keep it up and it could be just one machine that eventually turns off, or one machine that the FBI raid and take down.
Edit: and crypto was for the payments and tracking of ownership. If you want it to be that easy to pay as pinging an IP, it can’t be credit cards or other similar methods. There are barriers all over the place to sending and receiving with that and it’d be rampant with fraud.