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 @FallowWing and
YouTube _could_ give you that info. They won’t. That’s the point. That’s the point of Bitcoin Casey. It’s mere existence forces control away.
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Replying to @grumpygiant @FallowWing and
NO IT DOESN'T WTF. Am I losing my mind? YouTube could convert to BitCoin tomorrow, and it would be a giant transfer from Disney and a tiny payment to me. That's what I'd see. HOW DOES THAT HELP RICHARD. HOW.
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This kind of stuff is just so absurd. How is this not obvious?
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