I really think the hosting cannot be centralised. If its centralised, its a honeypot for the censorious, the avaricious and the stalker-y, henceforth referred to as government.

I love Bittorrent, but I am yet to see a good integration with the HTML world.

https://ipfs.io is a newer protocol that integrates better, and clients are available for every major platform. Its still a bit slow out of the gate for high-def long-form video, but the more people who watch (and cache) an IPFS-hosted video the faster it gets!

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Knowledge Standards Foundation is working on making encyclopedic content available via BitTorrent in the webbrowser. Torrents/video content should be possible as well. As always, the worst problem would seem to be spanmers/bad actors.