After YouTube struck down crypto accounts this month, it rekindled interest in decentralized media platforms and freedom from censorship. Changpeng Zhao, CEO of Binance was discussing how to monetize decentralized videos on Twitter and Chico Crypto moved their entire video library to a decentralized file system. The general rhetoric of the crypto space was that
In the span of a day, YouTube flagged content from crypto channels like Chico Crypto, Chris Dunn and Boxmining and some were even temporarily banned. The YouTube strike system is automated by their own algorithms and allots three strikes before a channel is taken down, so even getting one can feel very threatening to channels.