RE: Storing files on Hive Blockchain: Part 1 - Planning
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I've dabbled with encoding rss feeds into account metadata. While what you're talking about is possible, key expiry is going to be very hard to organize and in general this is just a really bad idea for the health of Hive.
The only thing that would happen if this became easy to do is that Resource Credits would have to be drastically devalued and smaller accounts would be restricted.
It sounds like a fun intellectual effort (I'm pretty sure it's been done before) but incentives for secure off chain storage as @threespeak are working on is a much better long term plan.
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It is just experimental. I just want to see what is possible and what are the limitation of Hive. I would assume resource credits would serve as protection for Hive itself, as it probably would require a lot of resource credits to broadcast operations to store data based on size. However, for retrieving data though resource credits don't play any role.