You know how Bitcoin works on P2P sharing of resources, wouldn't it be feasible to design a peer to peer hosting and streaming application?
Streaming of a video, is fed in bits from p2p users on the network in a similar way to that of torrents. No one has the whole file, so it would be hard to hold anyone individually accountable for a particular file. The connection could also be encrypted for security purposes.
Cracking down on users of such an application would be paramount to the US sueing everyone who uses LOIC, It's not feasible because of the sheer amount of users.
Just a shot in the dark, what's your thoughts guys?