if that were true, there'd be a Youtube competitor by now

then the bank could stop processing your payments because they don't like your content

People use YouTube because YouTube pays them. You want to get paid without a middleman; you have to use cryptocurrency. The Fediverse hates crypto, so the Fediverse will never have a YouTube replacement.

IPFS is not free storage. Someone has to "pin" your video, where it then takes up space on their hard drive.

I am so lucky I wasn't in school when AI was around.

Weak hands got shaken out, and the economy is teetering on recession. When inflation stops and interest rates fall, and quantitative easing starts back up it's gonna come roaring back. The SEC and CFTC aren't trying to kill crypto, they are just trying to decide who's jurisdiction it falls under. The crypto industry will benefit from regulation, it will get safer, and you'll feel like an idiot for asking this question instead of buying while it's cheap. Hit me up in 2025!

laughs in SmartTube

well that's confusing