Earlier quoted context omitted.
I am yet to write more about this, but one thing that bothers me with Filecoin: the economics don't add up. The price per GB stored will tend to reach an equilibrium around the commodity price - i.e, costs of disks+computers+electricity+internet. Unless I am missing something, if the price gets higher, more people would buy disks and put them online, bringing the price down. If that is true, it means that a node can…
That is actually the intent of filecoin. In perfect competition, which is the ideal state for a commodity, there is no economic profit. The reason Amazon and other companies are able to make a profit selling cloud storage is because there is not yet perfect competition. Right now if I wanted to compete with Amazon, I could buy 2 or 3 petabytes of storage space and some bandwidth. But nobody would trust me not to lose…
You're not going to be running a node on your spare capacity that brings in more than your costs, in fact unless you're a datacentre operator, you're going to be making a loss.
In the end it favours big centralised services, and IPFS (if it ever takes off) just becomes a rival API to S3.