Is this usable as a backup offsite/distributed store? Put backup into TrueCrypt Container which itself is located in a BT Sync folder. Invite other devices + "p

Is this usable as a backup offsite/distributed store? Put backup into TrueCrypt Container which itself is located in a BT Sync folder. Invite other devices + "partners" to sync that folder ... any thoughts on this usage scenario with BT Sync?