Point is 99.9% of youtube content creators will never reach the milestone of becoming monetized as it keeps getting bigger and bigger.
Yes I understand that, hence why I chose the word "problematic" since even that 0.1 % of youtube is still (much) bigger than the entire user base of hive.
There are over 3 million creators globally who are monetized through the YouTube Partner Program (YPP).
This is the number given by Gemini, considering both are google products I guess the number is legit.
Another angle to add is that we get more average Joes here on hive. Well, Mr beast and a good chunk of big YouTube channels started like that.
Average Joes. So again, big social media are winning at that.
Myeah, that's quite vague however as you can technically get monetized after reaching 5000 watch hours within a year and some subscriber threshold, but for $5-100 per year considering the investment it takes to get monetized from scratch doesn't mean much for majority of those 3m I reckon.
Fair enough. Just pointing out that when looking at hard numbers points can be made for both.
for sure, i mentioned it's hard to compare hive with most socials these days, at least the ones with millions of users cause we've never really experienced it. But we've both been around when there was hype and steemit was sweating trying to accept applications for new users cause everyone wanted in and due to some crazy hbd and hive pump in 2018 or whenever we saw authors on here easily make 20-40k per week for a short while.
The tech is there, it scales and it allows for it. How we use it and how it develops compared to traditional monetization which is mainly ads depends on us. I'd much prefer this version even if it's quite a long shot cause at the end of the day at least I know no one will take my voice away from me.
for sure, i mentioned it's hard to compare hive with most socials these days, at least the ones with millions of users cause we've never really experienced it. But we've both been around when there was hype and steemit was sweating trying to accept applications for new users cause everyone wanted in and due to some crazy hbd and hive pump in 2018 or whenever we saw authors on here easily make 20-40k per week for a short while.
The tech is there, it scales and it allows for it. How we use it and how it develops compared to traditional monetization which is mainly ads depends on us. I'd much prefer this version even if it's quite a long shot cause at the end of the day at least I know no one will take my voice away from me.