Johny Fernandez: So, Coindesk TV, it was interesting couple of
days for them. Last weekend or last week, they actually got
shut down by YouTube. So for all you guys that don't know,
Coindesk TV, they are specific online company TV broadcasts
there that they specifically focus on things like
cryptocurrency and Bitcoin. But on Thursday, they YouTube knock
them out for breaching its policies. So Sean, I know we've
been looking into this quite often into their website until
the launch of their new 24 hour streaming service that pretty
much through online and YouTube. So YouTube played a huge part in
their, how they work how they function. So after reading a
couple of things, it was pretty much a lot of their like, they
pretty much breached YouTube's policy. And they didn't follow
quote, unquote, like the rule is that YouTube had set out for
them. So it's definitely quite interesting for sure to see how
YouTube ended up just pretty much taking, wiping them out
completely. And then like, now they're back in YouTube did give
them the thumbs up to continue. But all the videos that they
posted online, were taken down. And that is a huge part of their
streaming service that the server.
Sean Murray: Yeah. You know, it's I'm not shocked that that
happened. It's something that we've thought about internally.
Well, right now we're not even on YouTube. We're broadcasting
on our own website, right, you'll be able to watch this
video on deBanked Comm. We're not putting these videos on
YouTube. And when we first came up with the idea for the
livestream we're doing right now the videos we've been creating,
people told me that you're making a mistake by not putting
them on YouTube, or not having YouTube channel, we might have a
few videos up on YouTube. But it's not like a full fledged
channel, not something we've ever really paid much attention
to. And that's truly intentional. I think over time,
we're going to see that these platforms, they're going to
exert control over the content. And you mentioned that they got
in trouble for breaching the policy. It's my understanding
that Coindesk didn't really know exactly what the breach was. And
I was looking at that myself to something about like severe
repeated breaches, right? They made it sound really extreme.
When Coindesk, reported that their YouTube channel have been
taken down, I actually went myself to try to access the
channel. And it wasn't just like it said suspended, you wouldn't
mean it or you couldn't watch the videos, the channel was
completely deleted. There was a red bar that said, this user has
been terminated. And I don't know how many videos that had.
But they had about 23,000 subscribers. Yeah, all wiped
out. All the video content that had gone now they've been around
since 2013. That's eight years worth of content. Yeah, wiped
out. And that's the risk you run. When you host your, your,
your platform on someone else's platform. All of a sudden, it's
their platform, they decide what they want on it. Now, I don't
really know what what Coindesk, did they get in trouble? I might
have something to do with what people were putting in the
comments. That's what I that's what I saw alluded to, yeah,
Twitter that people were advertising crypto scams in the
comment section that apparently was on Coindesk to moderate that
on their own to protect people. Seems kind of like a lot of
seems weird that you would be held responsible. Yeah. For what
people were commenting on YouTube. Right. But even if
that's even if that's true, if you're supposed to or not
supposed to, I think what it tells us is that YouTube can do
whatever they want, as far as I know, coindesk appealed to you,
pleaded. Yeah, and I would I would think Yeah, please, please
bring our channels back, please bring our channel back. And I'm
assuming they had all the video content backed up. Yeah, I doubt
they will hopefully hope. Yeah, hopefully, they had a backup of
all their videos. And they could put them somewhere else. Right.
But they were at the mercy of YouTube and look like they were
kind of pleading with YouTube, I knew we would have probably have
to plead if we were doing this on YouTube. And one day, yeah,
all of our content was gone. And then YouTube's just comes in and
takes it away. Now they can do that for for whatever reason
they want. Yeah, that's That's my understanding. And if they
feel like they're being threatened, there's nothing to
stop them from finding a breach of the policy that they've
otherwise, you know, we're willing to let go and then using
that against you, you've been doing something very minor,
you've been in breach the whole time. All of a sudden, you do
something that's threatening to them. They could say, well, you
know, you've been in breach of this the whole time, and we're
terminating you and if anyone asked why it's because of that
is interesting, though that Coindesk recently came out with
Coindesk TV, right? Yeah. It's a live streaming service. They
were streaming it on YouTube, but it wasn't being done like
YouTube wasn't the base software they were using. They were kind
of doing it in one central location.
And then pushing it out, pushing it, pushing it out to YouTube.
And so from that perspective, they were okay because that my
understanding was that their channel got deleted midstream.
So if you're watching Coindesk Tv live on youtube, the stream
just got cut, you could still watch it on coin desk comm on
their on their TV section. And this is this is going to become
more common over time Instagram, Facebook, LinkedIn, Twitter, you
don't own these, we don't own these platforms, right, these
platforms are going to decide.
Johny Fernandez: And I think there's like a feeling and
there's a thought that we do. Like, we have ownership or
putting but like you said, you know, at the end of the day,
they do have control over what you put and something that the
platform wrote to an email to Coindesk was that the content
encourage illegal activities and incites users to violate
YouTube's guidelines is not allowing is not allowed on
YouTube. Yeah, I mean, it's a pretty good day the other day,
what does that mean? Right? Yeah, like, it's, yeah, it's
kind of counterintuitive in a way. But at the same time,
Sean Murray: It incites other people to say, I thought it was
gonna say violence is something that incites users to violate
YouTube's guidelines.
Johny Fernandez: eah. Which as, which, which is, but I
hink to go back, all this ties ack to the fact that like, you
don't have control of what you put online. Like, that's just
like, just the reality of like,
Sean Murray: If you're doing it on another platform.
Johny Fernandez: Correct. You're doing on another platform? You
don't have control of it, because you think you do you
have this idea. I think a lot of people that, you know, put stuff
online on social media, they they have this idea that they
own it, but at the end of the day, you don't like you don't
and it wasn't surprising, but to me, I'm like, wow, they, it just
it hit me when we talked earlier, like they literally
wiped everything out. Like the fact that like, you know,
Sean Murray: You can only imagine that feeling?
Johny Fernandez: Yeah. Like you're my heart sank, because
it's like, eight years worth of content, this guy is gone. So
Sean Murray: But that can happen on Instagram, too. Yeah, I think
people to put too much of an emphasis on building up their
Instagram, or building up their Facebook account. Yeah. And at
the end of the day, those platforms will decide whether or
not you can be there. Yeah, you might say something that later
Johny Fernandez: Yeah.
on is offensive to them. Or they might find that how you're
monetizing. It is contrary to your to their own business.
Yeah. And so like here with deBanked, where we have social
media channels, but our goal isn't to send people to
Instagram, to our Instagram page, we have we have one, or to
our Facebook page or LinkedIn page, or whatever. We want you
guys to come to deBanked.com to consume the content. So when
we're out on social media, we're putting, we're putting little
feelers out there for you to come back to our site.
debanked.com we want to have a direct relationship with you.
And we want to control we want to control the our, you know our
own content, and be the master of our own domain. That's why we
haven't been building a YouTube channel what happened to Coindesk
it just reinforced everything that I was already
afraid of. Yeah, we might not get as much engagement by being
off of YouTube. But I think in the long run, it's the right
decision.