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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

#181

Post by kafquaesque »

mrtksn wrote: 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…

Vegans are not that extreme—some people do it for religious reasons (i.e. Hinduism), some for health reasons, and some due to their moral beliefs. Maybe you are referring to the extreme actions by the vegan recently?

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

#182

Post by fortythirteen »

whywhywhywhy wrote: post #112
fortythirteen wrote: post #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…

>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.

Gab was billed as a "free speech Twitter alt" by it's founders. The people looking for that platform happened to be the folks that have turned it into alt-right Twitter.

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

#183

Post by always_good »

dyukqu wrote: post #95
Jyaif wrote: 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".

They say " Good artists copy, great artists steal ". :-) I'm not sure whether it's true or not. Just saying...

That's not what that means.

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

#185

Post by simias »

snikeris wrote: post #176
simias wrote: post #122

Earlier quoted context omitted.

Paying for moderation/upvotes sounds like a terrible idea to me, it basically turn all posts into "promoted posts". If the platform becomes successful what will prevent companies and lobbyists from paying to have their content at the top, always? This is already a problem with popular platforms like reddit (and to a lesser extent HN) where this is actually considered inappropriate and against the rules, I'm not sure…

> If the platform becomes successful what will prevent companies and lobbyists from paying to have their content at the top, always? The cost? Let's assume their content is essentially an ad that has no value to anyone on the platform. To get to the top, they'll need to outpay a whole community of people who are incentivized to upvote more interesting content.

Not more interesting, more popular. There's a huge difference. Look at the frontpage of reddit or youtube if you don't believe me.

Besides how much money would the average user be willing to spend daily on such a website? $1? $2? That already seems like a lot to me. Compared to the amount of money being poured into advertising or politics I don't see how the balance could hold. Besides couldn't you recoup a lot of your investment in a voting ring if later upvotes partially pay for earlier ones? Especially due to the positive feedback that popular posts are more visible and therefore tend to become even more popular? And even more so if people are incentivized to vote on quickly rising posts in the hope to make money?

From a game theory standpoint it doesn't seem workable at all to me, at least if your objective is to promote insightful and interesting content over memes and pictures of naked ladies.

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

#186

Post by rusk »

lilbobbytables wrote: post #85
rusk wrote: post #80

Earlier quoted context omitted.

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.

Don't even know what a "HBO Go" is - never seen or heard of one before.

EDIT Actually, I'm going to put aside disingenuity for a second.

I actually have the closest equivalent of HBO with my provider, it's called "Sky Atlantic" and it's only available through Sky, of course.

So I'm fully paid up and legit as far as GoT is concerned but only coincidentally. If a competing network were to start showing $competing_popular_tv_show you can be guaranteed I wouldn't be switching, or taking on a second subscription ...

Take my $$$ by all means, but if you get greedy you'll get nothing.

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

#187

Post by paulie_a »

fredley wrote: post #78
koonsolo wrote: post #61

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…

The creators of iPlayer must have had a meeting with the specific goal of making it worse than realplayer

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

#188

Post by sametmax »

vk23 wrote: post #134
sametmax wrote: post #69

Earlier quoted context omitted.

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…

>Youtube loosing anything to blockchain solutions ? >Yeah, in 10 years maybe. I think it's way more likely for Youtube/Google to implement some sort of blockchain based system to reward creators.

I doubt it. That would make it either way too transparent and open, or just a blockchain implementation of a centralized black box.

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

#189

Post by edouard-harris »

Jyaif wrote: 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".

Much of YouTube's own early content was stolen from elsewhere. Subversive can become mainstream surprisingly fast.

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

#190

Post by richardwhiuk »

mattsfrey wrote: post #177
mtgx wrote: post #40

Earlier quoted context omitted.

All platforms kickstart within a niche. Remember when Facebook was just for students? Or when Bitcoin was "just for drug dealers" (it wasn't, but that's what the media got everyone to believe).

Seeing some downvotes on this but TBH Silk Road and the underground economy _is_ what originally drove the lions share of demand for bitcoin as a currency, not miners and enthusiasts - everything else ballooned out from there.

Is Bitcoin for something other than drug dealers and speculation yet?
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