Tagged With p2p


From your geeky roommates who eat up your internet connection at all hours of the night to your luddite family members, nearly everyone knows what BitTorrent is nowadays. They might not be able to describe how it works, or even legal ways they can use it, but they know it exists. (If you’re a little geekier, you probably also know that peer-to-peer networking can even power processes like like Windows operating system updates, Chromebook updates, and Android app installations.)


Having been a child of the home computer boom of the early 1980s and then worked with computers for many years, I can't help but sigh every time a new campaign to reduce piracy comes into effect.


Peer-to-peer (P2P) lending: yes, it sounds like BitTorrent for banks, because it kind of is. But if you were that kid -- the one who took games of Monopoly a little too seriously -- you will love this concept. And if you just think banks should give people a fair go and cheaper credit you'll love it too.


News Limited CEO Kim Williams gave a speech to the Australian International Movie Convention this week discussing the rising prevalence of piracy online. I've got a lot of sympathy for the argument that blithely downloading content through BitTorrent is a hugely damaging activity for content creators, but there's a crucial element of Williams' speech that's deeply deceptive and fundamentally ignorant.