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RE: Why Steemit Can Replace YouTube in a Few Years 🤭

in #steemit7 years ago

"The power is in the user, not the advertisers."

I agree with you but will this allow Steem to beat Youtube? Youtube brought in $4 billion in ad revenue last year. That's a lot of money that can go toward rewards for content creators and development to make the user experience better. Do you think Steem is capable of competing with that?

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Yes definitely.
YouTube is keeping most of the ad money for themselves. The video uploaders are getting considerably more money for the same amount of views (upvotes).

All changes in YouTubes ad strategy over the years was to reduce the amount of money that they pay the content creators.