This is an idea for creating a bitcoin bittorrent client

The torrent client will have its own wallet ability, to generate addresses, receive and make payments from those addresses
User will send bitcoin to the client address to fund it.

p1 connects to p2 client and asks to download the torrent.
p2 generates receipt address to associate with p1 ipAddress, or a public key which p1 can verify is theirs. so it stores a list of [ btc address, ip/key ]
p1 makes a small payment to p2.
p2 checking the blockchain sees the payment and record it.
p2 will upload to peers that paid it some money.
p1 client, receiving bytes from the p2, records positive rating against p2. if bytes are not received, p1 record negative rating against p2.

graduated increase in payment and download amount, will counter act maliciously not uploading.
this should be all automated and not requiring much action from the user.
peers will prefer generous peers, or faster uploaders

what do you think will this work? i knows about storj too but this is bitcoin and bittorrent is already widespread it just needs some coding into a client.

Hi guys
I have a suggestion for a new bitcoin feature
Since we can store the wallet balance in the chain, what about some address rule?

This would mean you can setup things like:

• Maximum Amount to send per day/month etc
• Specific time of day which transaction is allowed to occur
• Whitelist of address to send to
• Charity donation address for each transaction

Transaction would be rejected if it broke the rules

Think of any more? I think these would help with bitcoin security, stops people zapping your coins to nowhere
So I could have my long term storage address, can only send to my daily expense address, max .5 per day.

This would require separate verification than just the private key to modify.

What do you think

EDIT
here is how i think it could work:

Create a new address
Send a special type of transaction - Rule Transaction
The rule transaction is stored in the blockchain
The client is given a rule key to write down and isn't stored digitally
Then miners look up rules of the address before confirming transactions

To change/remove rules, you do another transaction to remove the rule.
When you put on a new rules, a new rule key is generated and you discard the old one.

How can a bank close down an account of a bitcoin exchange?
Does that mean the bank can close my personal account if i go sell a coin to someone?
Is this only for electronic transfer or cash deposit too?

If they don't have bank account, what are they going to do with cash from atms?
Put it in a giant vault or something? I dont understand how its going to work!

When everyone uses bitcoin, will get to a point where ppl won't even accept fiat for bitcoin.

Like the matrix
Neo: r u telling me I'll be able to sell my coins for 1mil each?
Morph: no neo. I'm saying when bitcoin is ready, you won't have to

But first, there needs to be things everyone wants, but only bitcoin can buy.
For most ppl Ideology and price speculation won't be enough.

Because, they go direct from fiat to btc to pay for something immediately.
That means they are not affected by price movements.

They will pay for the coins, no matter what the price is.