YouTube, world top video-sharing social media platform, has deleting crypto-related videos. Surprisingly, these videos belong to the biggest YouTube influencers.
Reddit and Twitter Threads on YouTube Action
According to Reddit and Twitter messages, YouTube has removed crypto-related videos on December, 23. Later, YouTube reinstates crypto-related content on Dec.27.
Omar Bham (@crypt0news) sent out a tweet on Dec.26 it was a timed attack. It doesn’t care about content creators and innocent video creators.
Finally, YouTube replied and made an apology for the mistake on Dec.27.
On this matter, many YouTube creators responded. Chris Dunn (@ChrisDunnTV) sent out a tweet. Some videos strike removed and a few crypto-related videos reinstated on his channel again.
Crypto-Related Videos Reinstated and Faith is Lost
YouTube silently imposed ban crypto-content and later removed it. The company explained it as a technical mistake. Here, many YouTube creators are in stress and uncertain situation. Immediately, creators are looking for an alternative decentralized platform.
What is the Reason Behind YouTube Deleted Crypto-Related content?
In some cases, the creators used links to exchanges or external crypto websites. May be this reason YouTube banned videos. But, some channels not banned even though they used external links in the description. However, the company made an apology for the inconvenience.
YouTubers Move Towards an Alternative Platform
Although, YouTube, more than 1.9 billion users, the major social media platform. Recent attacks on crypto, YouTubers are looking for alternative platforms. In particular, the blockchain-based social platforms are fascinating to the crypto-related community.
For instance, LBRY, blockchain- founded social media platform, allows users to publish the content and also get paid. LBRY provides users to get paid with their built-in system.
Challenges on YouTube
Monetization is also very important for YouTubers. Many creators’ income increases every year. Because of YouTube strikes, the channel will ban for Livestream for 90 days. This will so impact so much on the You Tuber’s income.
On the other hand, LBRY offers a monetization program for video content. YouTubers may also republish on the LBRY platform. Still, many creators not utilized this platform.
However, creators may publish their content on different blockchain-established social media platforms. The decentralized platforms are Mind, DTube, LBRY, Steemit, Bittube, and Bitchute.
Problems in Blockchain-Enabled Social Media Platforms
Blockchain-enabled social media platform faces many challenges. It will include such as copyright, spam, privacy protection, and regulations. As a result, many YouTubers still not moved to decentralized platforms.
If all the problems solved in decentralized platforms, many crypto-related creators will move to blockchain-established social media platforms.
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