Youtube Crypto Ban was a "Mistake"
Description
On Christmas Eve YouTube removed videos related to crypto and issued content strikes on a majority of crypto channels (including Boxmining!). I give my account of what happened and what needs to be do...
AI Analysis
What a mess! The YouTube crypto ban was a major debacle over the holidays, where a wave of crypto content creators, including Boxmining, had their videos removed and channels struck for supposedly "harmful or dangerous content." This incident really highlighted the immense power of centralized platforms like YouTube and raised serious questions about the future of content decentralization.
Here's a breakdown of what happened and the lessons learned:
* The Christmas Eve Calamity: On December 24th, Christmas Eve, a video titled "Daily Angry Koreans Protest Ban" (ironically about a cryptocurrency ban) was removed from the channel, flagged as "harmful or dangerous content." This is usually reserved for things like selling nicotine or unlicensed medical services, which clearly wasn't the case here. This deletion wasn't just a single video issue; it led to a content strike on the entire channel.
* Channel Strikes and the "Three Strikes and You're Out" Policy: A content strike bans you from publishing new videos for seven days as punishment. The scary part is YouTube's "three strikes and you're out" policy, meaning three strikes result in channel deletion. Another wave of video removals and strikes hit on December 25th, putting the channel just two strikes away from being completely wiped out. This was terrifying because the channel represents years of work and a vibrant community built not just by the presenter, but by the viewers' input and support.
* Widespread Impact: It wasn't an isolated incident; many other cryptocurrency content creators experienced the same sudden removal of videos and channel strikes, making it seem like a coordinated attack or planned censorship against crypto content.
* The Unapologetic Reversal: Luckily, all the bans were eventually reversed. YouTube reinstated the struck videos and removed all content strikes from the channel, almost as if nothing had happened. There was no apology letter or clear explanation, just a vague statement implying it was an "algorithm mistake" and that everything was now "fixed." The presenter feels YouTube's attitude was very much a "worship us" kind of deal, despite the distress caused.
* The Power of Community Support: One positive takeaway was the overwhelming support from the community. People raised awareness and sent messages, which the YouTube content team seemed to respond to. The presenter believes that without this collective effort, it might have taken much longer for YouTube to address the issue, or they might not have at all.
* The Danger of Centralized Power: This incident strongly highlighted how powerful and dangerous a centralized entity like YouTube (and its parent company, Google) can be. They have complete authority over what content is hosted and can remove anything without obligation. This level of control over information flow is seen as incredibly risky for the future, as a simple algorithm change can silence huge communities.
* The Nuance of Decentralization: While decentralization sounds like the obvious solution, the presenter doesn't blindly jump on every decentralized bandwagon. The easy part of decentralization in social media is the technical aspect of hosting content and hashing it onto a blockchain. However, the real challenges lie in:
* User Adoption: Getting a significant number of people to actually use a new decentralized platform.
* Content Discovery: How do users find content on these platforms if there isn't a robust discovery mechanism or a large existing user base? Uploading a video to an empty platform is like a tree falling in a forest with no one to hear it – it doesn't really serve its purpose.
* User Retention: Many decentralized platforms struggle with retaining users, leading to declining engagement over time, which makes it harder to justify publishing content there.
* Looking to 2020: Realistic Goals for Decentralization: The presenter acknowledges that creating a full alternative to YouTube is a massive challenge. For 2020, the focus should be on identifying these challenges, setting realistic goals for what a decentralized platform can achieve, and trying to retain users, perhaps by focusing on specific niches.
* Continued Vigilance: Even though the immediate crisis passed, the incident served as a stark reminder that centralized entities have the power to silence communities with a simple algorithm change. There's a clear need for something to be done to address this vulnerability.
* Don't Forget to Subscribe: Despite the issues with YouTube, the presenter emphasizes the importance of subscribing to the channel and enabling notifications, noting that YouTube sometimes automatically unsubscribes people – an ironic reminder of continued reliance on the very platform that caused the problem.
Transcript
Hey everyone, it's Michael and welcome back to Box Mining. So I'd like to say first off, what a mess. This holiday week has been really messy for me because, well, I had to deal with this debacle where YouTube tried for a few days to censor content creators making crypto videos. Now, I'll just give you guys a first-hand account of what happened from my perspective. So let's give you a quick account of what happened. So on the 24th of December, which is Christmas Eve, I received this notice wher...