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A Truecrypt container shared by Bittorrent would be a bad idea.

Why specifically? I always considered this a relatively safe way to transmit encrypted data. Assuming you have secure key exchange worked out, which is always the harder part anyway.

I'm not sure if this is what the OP meant, but this[1] is what I think of when I hear anyone mention "Truecrypt".

1. http://motherboard.vice.com/read/nsa-paranoia-has-fanned-the...

Ah, I guess I should have qualified my statement with "assuming the underlying crypto of truecrypt is secure, does sharing the ciphertext via bittorrent introduce any further side channel attacks outside of compromising the key exchange?"

So long-password protected multipart rar files then!

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