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YouTube --> PeerTube Next?
(lemmy.dbzer0.com)
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It doesn't really seem workable right now. A video platform that just lets anybody upload anything and everything onto a large main server is going to use completely absurd amounts of storage and bandwidth, so PeerTube can only really work if most people either self-host or join small communities to host their videos.
Unfortunately, PeerTube is absolutely terrible for discovering videos you'd enjoy on smaller instances. Until they can fix that, there's really no hope of it taking off. I'd love to see it happen, but we're just not there right now.
Yea, having a competitor to youtube seem near impossible. The only reason youtube survived was because Google bought them, who was able to provide them with the insane resources required for a video hosting platform. Similar to Twitch being bought by Amazon, which has AWS.