Bitcloud

From: Mike Harrison 
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https://github.com/wetube/bitcloud/blob/master/Bitcloud%20Nontechnical%20White%20Paper.md

With Bitcloud.. getting a GigE home connection in GigCity could be a good thing.


=============================================================== From: Wil Wade ------------------------------------------------------ Very interesting idea. It also gives the incentive a backing. Also since cloudcoins would be directly tied to the value provided, it should be more stable, although deflate over time as bandwidth and related server costs decrease. I think my first use for it would be to serve and then do encrypted backups to it. In theory my server and bandwidth would offset (completely?) the cost of my distributed cloud backup.