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YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

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Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#82

Earlier quoted context omitted.

The primary reason decentralized solutions are enticing is because of a lack of centralized control. That control not only functions as a single point of failure, but also as a single point of corruption or otherwise negative influences. Patreon has had, to a much smaller degree, the same issue as YouTube. Somebody posts something somebody else doesn't like on the site. One group argues for removal, another group arg…

Lack of centralized control = inability to be censored.

Which often leads to calls to censor the platform altogether. Further down the stack then you do have centralisation, e.g. ISP, where this censorship can occur. We've seen this with various torrent sites in the last few years.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#83
post #78

Earlier quoted context omitted.

I don't agree with your Netflix story. Most people don't prefer free, they prefer convenience. Spotify almost works properly as a centralized platform because almost all music is on there. But I know a few albums that aren't, and it's too bad. For Netflix, I have a subscription. But guess what I do when I want to watch the latest Walking Dead or Game of Thrones. I want it convenient, preferably legal, but most of all…

For Game of Thrones it's not such an issue, but I do feel bad if there's e.g. an old BBC film I want to watch, but there's no way to get it legally, sometimes at all. Other times it's £20 for a DVD. No way I'm paying three months of Netflix subscription (or a large fraction of a license fee) for that. The BBC has such an extensive and amazing back catalogue of content they wholly own. Why they don't chuck it on iPlay…

> Why they don't chuck it on iPlayer is beyond me.

Because they would devalue new productions. The more license-payers watch old movies, the less they will watch Top Gear or Strictly or whatever it's supposed to be big now. This would mean less interest in new productions, less stuff sold by BBCWorld (or whatever it's called these days), less money going around... like all companies and organisations, the BBC wants to grow, not to stall.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#84
We need decentralization and a multitude of platforms. A single centralized platform can't scale and no amount of automation can solve that. Human moderators are expensive and won't scale.

Who is going to vet 400,000 hours of video per minute Youtube apparently gets or the volume of posts Facebook gets? It's not practically possible.

Before no one really cared, but as the real world consequences of a centralized platform, surveillance and propaganda become clear the cost to free society becomes too great.

The only half way measure that may work now is to stop hoovering up data, stop trying to make endless correlations and inferences to offer micro targeting. Similarly advertisers can target by location and immediate textual context but micro targeting should be disallowed. With proper legislation this can easily to enforced.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#85
post #80
post #76

Earlier quoted context omitted.

How is subscribing to HBO inconvenient? It's a combination of price and convenience. There's some upper limit to the monthly price you (and everyone else) is willing to pay for content.

Well for me, in my jurisdiction HBO just simply isn't available. That's hands down about as inconvenient as you can get. In jurisdictions where it is available it's often only available as a part of a larger cable package. If you're signed up with another provider that's pretty inconvenient also. There is a well worn cartoon on this topic that sums up the position of many quite well [0] [0] http://theoatmeal.com/comi…

You'll notice that in the HBO Go screen there was an option to subscribe if you don't already have it through your cable plan.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#86
post #76

Earlier quoted context omitted.

I don't agree with your Netflix story. Most people don't prefer free, they prefer convenience. Spotify almost works properly as a centralized platform because almost all music is on there. But I know a few albums that aren't, and it's too bad. For Netflix, I have a subscription. But guess what I do when I want to watch the latest Walking Dead or Game of Thrones. I want it convenient, preferably legal, but most of all…

How is subscribing to HBO inconvenient? It's a combination of price and convenience. There's some upper limit to the monthly price you (and everyone else) is willing to pay for content.

HBO Now is a much worse experience than torrents. The navigation is slow, the updates to new episodes are poorly placed under a bunch of clicks, there are ads for other hbo shows over and over (even after I watched every single West world episode they still show me ads about a “new show”), streaming bugs (Although this improved quite a bit).

It wasn’t the price that moved me away from HBONow, it was their lack of convenience compared to a torrent rig.

It ended up being HBO’s design was more for themselves rather than me (“we want to show you ads” vs “you want to watch your shows”). It was still very old in its philosophy of content.

Netflix however is awesome because it’s very UX focused.

Ultimately, I think only OSS/pirate are closest to the use desires.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#87

Hahahaha, no they are not.

How do you know that ? Are you familiar with Dtube or steemit ? As a Dtube user, It's true that there are more and more content creators everyday on the platform. The amount of content is still veeeeery far away for Youtube's, I'm pretty sure Youtube/Medium/Twitter don't really care about their blockchain-based counterparts right now, because of how small and hard to scale they are

Well.. That's the point isn't it? I've never heard about it, and likely only people interested in blockchain stuff has, I would guess.

On that note, are there any mainstream blockchain based sites or apps right now? Would be interesting to know.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#88

Earlier quoted context omitted.

You certainly don't need blockchains and distributed databases to reward creators, centralized solutions like Patreon work perfectly fine. If you want Netflix style monetization, that is not a technical problem but a social one, Netflix relies on the concept of copyright. Any community that does not respect copyright will switch to the free alternative, leaving voluntary donations as the only monetization option. May…

I don't agree with your Netflix story. Most people don't prefer free, they prefer convenience. Spotify almost works properly as a centralized platform because almost all music is on there. But I know a few albums that aren't, and it's too bad. For Netflix, I have a subscription. But guess what I do when I want to watch the latest Walking Dead or Game of Thrones. I want it convenient, preferably legal, but most of all…

> For Netflix, I have a subscription. But guess what I do when I want to watch the latest Walking Dead or Game of Thrones. I want it convenient, preferably legal, but most of all convenient.

What is inconvenient about subscribing to HBO Now? You have to do more work to find/download an episode of GoT compared to streaming via HBO Now. Or you could stream the episodes from Prime. Same with Walking Dead. There are rarely inconvenient streaming options.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#89

This article is pure clickbait. Make some half-assed, sensationalist, barely verifiable claim, sprinkle some crypto / blockchain / bitcoin seasoning on top, and to the moon you go.

Yeap. I'm deep in crypto. I have literally a company making money by providing service for masternode holders. Yet even I recognize the tech is nowhere close to be user friendly for even the most basic use. Youtube loosing anything to blockchain solutions ? Yeah, in 10 years maybe. Right now we are still working hard to figure out how to makes things work, and make money without scamming people. I mean, come on, I re…

The title is a perfect mash of subjects. FB bashing, a few shots at YT's monetization policy, and a blockchain alternative to replace them. This is a trifecta for drive-by voters - even if it is pure clickbait.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#90
All of these "alternatives" suck. Whether you believe in censorship or not (I don't), building a no-censorship alternative to a major media platform mostly attracts the people who were censored because of truly abhorrent content. Gab and voat suck because 90% of the content is extremist bullshit.

The development community needs to stop building "alternatives", with the hope that they become the next big thing, and go back to building things that we want to use ourselves.

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