Abstract: A digital media file sharing system includes a fair share server, a user computer, and a second user computer. The fair share server includes a user library information database and a media library, the media library storing digital media files. A user computer includes a user computer media library and the user computer media library stores user digital media files. A second user computer includes a second user computer media library and requests the downloading of a selected digital media file from the user library information database. The second user computer downloads the selected digital media file from the user computer media library. The user computer is allocated a credit in the payment database of the fair share server for providing the selected digital media file to the second user computer.