> This fallacy that everything needs to be distributed is really getting out of hand. Unlike many other ICOs, I think this is actually a good example of someth

> This fallacy that everything needs to be distributed is really getting out of hand. Unlike many other ICOs, I think this is actually a good example of something that can and arguably should be distributed. Cheap storage is much more readily available in a system like this than from cloud providers and there's no real trustworthiness of the cloud providers. No nth time dropbox gets hacked, no EC2 going down, etc. I've been using client-side encrypted cloud storage for a while, but you either self-host with relatively poor tooling, use fairly untrustworthy proprietary tooling or use a provider that charges an arm and a leg for storage fees. There's no good compromise right now - and I'm not saying FileCoin will be it, but they have a good backing of developers and have decent chances. Other contenders: - GridSync - fixes Tahoe-LAFS syncing, making the self-hosted solution much more bearable, but still size limited - Sia - an already existing cryptocurrency based solution that seems to have done a lot right, but doesn't have the same marketing wank. I'm really not impressed with the way Filecoin has run their token sale though - but it doesn't rule it out if they can make the best solution in the end.