Comment Re:Nope (Score 4, Insightful) 331
makes no sense, how much would you rent out say a 2 terabyte hard drive, cost less than $100 to be worth while. might not be bad if they paid $50 a month for it not so much for $5 a month or less.
So why are you willing to payout $50 a month for encrypted 3rd party storage which is legal.
On the other hand say you have a college which needs offsite backups you have another college in the same area also needing off site backups. Now you could could pay for a third party to provide off site storage or you could trade storage space for storage space. If their systems go down they can restore from you and if your systems go down you can restore from you.
It's not the worst disaster recovery plan ever. However it does need trust between the two parties not so easy between strangers. However you might do it between say your drives and your parents. Assuming your not in the basement of course...