Okay, think of it this way. YouTube earns advert money for every HMH viewer. You get a cut. Do you know YouTube’s price they charged their customer?
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Replying to @grumpygiant @FallowWing and
I don't know in either case. If they were transacting in Bitcoin, all I would see on the BlockChain is a giant transfer of like $10mln from Disney, or something. I would have no idea what portion of that was for ads on my channel, just like I don't now.
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Replying to @cmuratori @FallowWing and
But you understand at least the money you as a creator earn comes from viewers you don’t know the name of, and you don’t know how much they pay YT?
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Replying to @cmuratori @FallowWing and
YouTube are selling your turnips to people for you. And they can do it because you could set up a competitor but it’ll always follow the same eventual outcome. The only winning move is to encrypt all transactions.
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Replying to @grumpygiant @FallowWing and
You realize that what you just said literally doesn't explain even a little bit what BitCoin does? And please stop talking about turnips? Finish the scenario. Tell me how YouTube switching to BitCoin DOES ANYTHING AT ALL.
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Replying to @cmuratori @grumpygiant and
What I am trying to say is you (and all crypto people in general, so not _just_ you) keep suggesting things _that are fundamental changes to what the service provider does_ and then claiming that somehow this is a bonus for crypto. But IT IS NOT.
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Replying to @cmuratori @grumpygiant and
It's just a change to the service! YouTube could give me all that information tomorrow! They don't need crypto. Crypto does absolutely nothing!
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Replying to @cmuratori @grumpygiant and
The reason the scenario you're describing doesn't already happen is because _neither YouTube nor the people who pay them want that model_. It has absolutely nothing to do with how they denominate payments.
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Replying to @cmuratori @grumpygiant and
And saying "well if it were BitCoin" or "well if it were NFTs" makes no sense, because _if creators had the power to force YouTube to adopt traced transactions, they could do that with any currency anyway, they don't need crypto_!
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The point is creators _don't_ have the power to force YouTube to change their business model, so it makes no sense whatsoever to say that somehow BitCoin brings about this change. It doesn't. Period. It doesn't do anything. It's just a way of tracking an integer. WHO CARES.
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