Hi, my post is focusing specifically on YouTube since I observed the following categories have less intrusive solutions or privacy focused solutions, even if they are paid:
- Operating Systems (Linux, for example)
- Instant Messaging (Element, for example)
- Community Messaging (Revolt, for example)
- E-Mail (Proton, for example)
- Office (libreoffice, for example)
- Password Managers (Bitwarden, for example)
However, how do we distribute videos and watch them without data collection? I am NOT asking how do I use a privacy-focused front-end for YouTube, by the way, I am aware they exist.
I am wondering how we obtain a FOSS solution to something super critical such as YouTube. It is critical since it contains a lot of educational content (I’d wager more than any other platform), and arguably the most informative platform, despite having to filter through a lot of trash. During COVID, we even saw lecturers from universities upload their content on YouTube and telling students to watch those lectures. (I have first-hand experience with this at a respectable university).
I refuse to accept that there is nothing we can do about it.
But it’s not objectively better, because you can’t fucking use it. It’s digital tokens that are literally unusable until exchanged for real currencies, which brings the need for exchanges in to the picture (see my edit above).
You don’t have to convert it to fiat if you don’t want to, plenty of people use Bitcoin as currency, that is the entire point. Users tipped each other nearly a million USD worth of it on nostr int he last two months ($950k). You can go to any major city and find place to buy/sell/spend it. Many places online accept it too, of course. The network effect is quite large. Bitcoin’s market cap is larger than sweden’s GDP. It moves trillions of dollars of value every year. Not people “hodling”, people using it to do funds transfer.
But if you want to, you can absolutely convert it, with a single click. Those middlemen typically take a lower cut since they’re doing conversion not sending/receiving/settlement which is a much risker and therefore expensive service. There is, for example, no counterparty risk if you convert somebody’s BTC to their native currency, but there is if you transfer that person’s money to another person or act as an intermediary. I use strike for this, strike’s conversion fee is less than 1%, in many apps or exchanges, conversion is literally free because the app wants to incentivize you to store money with them and because it’s just updating some row in a database.
Except for less than a handful of countries worldwide, bitcoin can’t pay your rent, your mortgage, your groceries, your gas, your tuition or anything in day-to-day life. It is effectively not usable as payment for basic things yet, you would die if that was all you had.
I can spend money (even digitally) without any fees at all, no functional delay (as in, I’m not bothered by the technical delay), no need to convert it and wait for the fiat to be paid out to me from an exchange. that is not doable with crypto.
Crypto may get there one day, but it is still very far from being there after 15 years.