Peck by twetch#190

15jx1b…t6tm Key · twetch

Ability to pay with a credit card to upload private files to the blockchain would be really cool for non-bitcoiners who would like a place not owned by a single mega tech company or reliant on physical hardware to store files.

What the chain says

Transaction: dd539c33d24900a2c8d7aba025b43b6a185af61959fbfb0a9f4f9f18db72d4bc
Block: 635 504
Time: 2020-05-18T19:52:12Z
Signer: 15jx1bP54GxstAZG8oZkgYeFRHgGaxt6tm
App: twetch
Type: post
Content type: text/plain
Name in tx: twetch#190

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 15jx1bP54GxstAZG8oZkgYeFRHgGaxt6tm Verified

Reposted by (3)

twetch#1973 Reposted · 6.4y
twetch#2022 Reposted · 6.4y
twetch#2223 Reposted · 6.4y

Replies (21)

twetch#2223 6.4y

1JM6co…tQHL Key · twetch

Replying to@15jx1b…t6tm

Do they purchase X number of mB or what is your thought?

twetch#2223 6.4y

1JM6co…tQHL Key · twetch

Replying to@15jx1b…t6tm

How do you convince people that blockchain is more secure than AWS S3?

twetch#190 6.4y

15jx1b…t6tm Key · twetch

Replying to@15jx1b…t6tm

ex. I want a place for fam photos/vids. Rn I do private FB album/private YT. Both proved willing to deplatform people for unpredictable reasons. No one wants physical hard drive. Encrypted onchain means not owned by 1 co. If CC payment, super easy onboard.

twetch#2223 6.4y

1JM6co…tQHL Key · twetch

Replying to@15jx1b…t6tm

How can this this be non-custodial but also not denominated in satoshis?

twetch#190 6.4y

15jx1b…t6tm Key · twetch

Replying to@15jx1b…t6tm

Could be "failsafe" storage. If one-click "import from FB album" and pay with credit card, would dramatically increase user base. No need to care about BSV, just concept of distributed file storage with private key to access. Many apps could render.

twetch#2223 6.4y

1JM6co…tQHL Key · twetch

Replying to@15jx1b…t6tm

Is it encrypted or unencrypted images?

twetch#1832 6.4y

17zmPi…WWU2 Key · twetch

Replying to@15jx1b…t6tm

I think the trouble would be private key management. If you lose access to your moneybutton encryption / private key, you're screwed.

twetch#1832 6.4y

17zmPi…WWU2 Key · twetch

Replying to@15jx1b…t6tm

Could pitch it by encrypting some photos you already have public with your public key, which means the service couldn't even decrypt it themselves.

"Here's a public photo of you that is uploaded to the blockchain that only you can access. Pay for more?"

twetch#2223 6.4y

1JM6co…tQHL Key · twetch

Replying to@15jx1b…t6tm

Import from FB reminds me of LBRY's "import from Youtube"

twetch#8015 6.4y

17wiCR…zDiR Key · twetch

Replying to@15jx1b…t6tm

Interesting idea.

Seems like it'd avoid a lot of the legal ramifications of buying BSV outright as the customer isn't buying cryptocurrency, but access to a third-party archival service.

twetch#8015 6.4y

17wiCR…zDiR Key · twetch

Replying to@17wiCR…zDiR

Then again, as the uploader of user content, any company adopting this model would have to do Panopticon-like due diligence on whatever is being submitted.

Non-custodial apps don't have this problem. It's more than an ancillary benefit.

twetch#2223 6.4y

1JM6co…tQHL Key · twetch

Replying to@15jx1b…t6tm

Fighting off a yawn to see the merit of your argument

twetch#190 6.4y

15jx1b…t6tm Key · twetch

Replying to@1JM6co…tQHL

Then this Twetch is clearly not for you and you are free to go about your business.

twetch#2223 6.4y

1JM6co…tQHL Key · twetch

Replying to@15jx1b…t6tm

Is there much difference between the market for people who would simply use bitcoin and the set of people who want to upload to a decentralized file server?