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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

#111
post #11

Roughly half of the content is about cryptocurrencies. The other half is stolen content (e.g. https://d.tube/#!/c/nba-highlights ). I don't think YT and FB are sad about losing those types of "creators".

>I don't think YT and FB are sad about losing those types of "creators".

Hardly think YouTube is really in a position to be held up as an example of good taste or quality considering the sort of content they've been peddling to kids the past few years until very recently.

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

#112

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…

>go back to building things that we want to use ourselves.

Isn't this exactly what Gab is though? It was built from the ground up to house a very specific type of content being banned on Twitter.

We might not agree with what they're doing or who uses it but it is exactly an example of a developer scratching their own itch.

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

#113
post #106
post #102

Earlier quoted context omitted.

Exactly, convenience is the most important part and here is where netflix et al has failed miserably. 1. All clients suck immensely . 2. The catalog is really poor. 3. DRM. I don't think you could describe inconvenient better than with those three letters. If I could pay, say $30 a month, to legally pirate (not from any official source even) any movie/series I want I'd pay that in a heartbeat ($30 is still more than…

I'll grant you #2 since tastes vary and even the catalog varies from month to month. But for the vast majority of people, #1 isn't true, and #3 is irrelevant. Neflix's (growing) subscriber numbers are all the evidence you need for that.

That #1 and #3 is "acceptable" is simply because there are no (legal) alternatives.

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

#114

Earlier quoted context omitted.

> 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 rare…

I live in Belgium, and so it already ends there.

Ah. Yeah, region limitations are a really annoying issue.

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

#115

Surprised that there is no mention of Brave and BAT in the article and in the comments so far.

Whatever your perspective on Brendan Eich's views[0], anything he's in charge of is a powder keg waiting to blow up. Brave/BAT will never go far while this conflict remains.

[0] Which he refused to clarify, leaving people to make heuristic decisions based on available info and personal experience with homophobia. He is, of course, free to think and feel however he wants and not share details. Others are free to decide what to invest time, energy, and money in.

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

#116
post #15

You know what's interesting? A Decentralised media platform used to be huge and actually is still huge: Torrents. There's a huge community that consumes media that's not hosted anywhere particular and there are apps like Popcorn Time that offer viewing experience almost as good as Netflix. The problem, of course, is that up until now there was no way to reward the creators and almost all the media consumed on Torrent…

Have you looked into LBRY?

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

#117
post #15

You know what's interesting? A Decentralised media platform used to be huge and actually is still huge: Torrents. There's a huge community that consumes media that's not hosted anywhere particular and there are apps like Popcorn Time that offer viewing experience almost as good as Netflix. The problem, of course, is that up until now there was no way to reward the creators and almost all the media consumed on Torrent…

Perhaps the biggest problem with Youtube is discoverability. Youtube's algorithms determine what you will see next.

How is that solved on the decentralized platforms? How does discoverability work, what assumptions does it make, and can it be "gamed"?

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

#118

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…

People are willing to pay for convience, but only so much. A lot of what gets torrented is easily and very conveniently available on iTunes, Playstore, or Amazon Instant, but it costs 5 bucks. What isn’t convient about HBO Now (assuming you are in the USA)?

Pay per view is not convenient. You have to make a decision each time "do I really want to watch this, is is worth it" and then have buyers remorse afterwards.

Pay a monthly, automatically recurring, fixed fee is convenient. Out of sight, out of mind.

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

#119
post #79

Yours.org is is my favorite example of this. Writers of articles receive Bitcoin Cash from the community. Interestingly, it costs Bitcoin Cash to upvote content and comment on things. Presumably this helps combat upvote bots and spammers. Edit: forgot to mention that if you upvote content, later upvotes of the same content earn you money. This incentivizes people to discover and promote new content they think will be…

I find it an interesting concept, but as with so many of these solutions I don't really see why you have to have Bitcoin Cash to make it work. They could charge your credit card for upvotes and pay you in fiat like Patreon does, and the functionality will be exactly the same from the end user's perspective.

[deleted]

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

#120
post #79

Yours.org is is my favorite example of this. Writers of articles receive Bitcoin Cash from the community. Interestingly, it costs Bitcoin Cash to upvote content and comment on things. Presumably this helps combat upvote bots and spammers. Edit: forgot to mention that if you upvote content, later upvotes of the same content earn you money. This incentivizes people to discover and promote new content they think will be…

I find it an interesting concept, but as with so many of these solutions I don't really see why you have to have Bitcoin Cash to make it work. They could charge your credit card for upvotes and pay you in fiat like Patreon does, and the functionality will be exactly the same from the end user's perspective.

If you need your credit card, then you can be censored. That's why it uses Bitcoin (BCH) instead.
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