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this post was submitted on 03 Oct 2023
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What you describe is fundamentally impossible. In order to decrypt something you need a decryption key. Put that on the blockchain and anyone can decrypt it.
Even if you can, pirates would only need to buy a single decryption key and suddenly your movie might as well be freely available to download. Pirates never pay hosting fees because it's using the same infrastructure as customers and they can't be taken down because they're indistinguishable from customers.