00:00.000 --> 00:03.960 Johny Fernandez: So, Coindesk TV, it was interesting couple of 00:03.960 --> 00:08.640 days for them. Last weekend or last week, they actually got 00:08.730 --> 00:12.480 shut down by YouTube. So for all you guys that don't know, 00:12.480 --> 00:18.360 Coindesk TV, they are specific online company TV broadcasts 00:18.360 --> 00:21.510 there that they specifically focus on things like 00:21.510 --> 00:25.860 cryptocurrency and Bitcoin. But on Thursday, they YouTube knock 00:25.860 --> 00:29.580 them out for breaching its policies. So Sean, I know we've 00:29.580 --> 00:33.030 been looking into this quite often into their website until 00:33.180 --> 00:37.710 the launch of their new 24 hour streaming service that pretty 00:37.710 --> 00:41.550 much through online and YouTube. So YouTube played a huge part in 00:41.580 --> 00:46.020 their, how they work how they function. So after reading a 00:46.020 --> 00:49.710 couple of things, it was pretty much a lot of their like, they 00:49.710 --> 00:53.940 pretty much breached YouTube's policy. And they didn't follow 00:53.970 --> 00:56.490 quote, unquote, like the rule is that YouTube had set out for 00:56.490 --> 01:00.360 them. So it's definitely quite interesting for sure to see how 01:00.360 --> 01:04.380 YouTube ended up just pretty much taking, wiping them out 01:04.380 --> 01:07.980 completely. And then like, now they're back in YouTube did give 01:07.980 --> 01:10.980 them the thumbs up to continue. But all the videos that they 01:10.980 --> 01:15.870 posted online, were taken down. And that is a huge part of their 01:15.870 --> 01:18.030 streaming service that the server. 01:18.390 --> 01:22.860 Sean Murray: Yeah. You know, it's I'm not shocked that that 01:22.860 --> 01:26.100 happened. It's something that we've thought about internally. 01:26.520 --> 01:29.250 Well, right now we're not even on YouTube. We're broadcasting 01:29.250 --> 01:31.680 on our own website, right, you'll be able to watch this 01:31.680 --> 01:34.740 video on deBanked Comm. We're not putting these videos on 01:34.740 --> 01:38.850 YouTube. And when we first came up with the idea for the 01:38.880 --> 01:41.730 livestream we're doing right now the videos we've been creating, 01:42.980 --> 01:46.160 people told me that you're making a mistake by not putting 01:46.160 --> 01:49.760 them on YouTube, or not having YouTube channel, we might have a 01:49.760 --> 01:52.490 few videos up on YouTube. But it's not like a full fledged 01:52.490 --> 01:54.800 channel, not something we've ever really paid much attention 01:54.800 --> 01:59.360 to. And that's truly intentional. I think over time, 01:59.360 --> 02:02.150 we're going to see that these platforms, they're going to 02:02.150 --> 02:08.690 exert control over the content. And you mentioned that they got 02:08.690 --> 02:11.540 in trouble for breaching the policy. It's my understanding 02:11.540 --> 02:15.380 that Coindesk didn't really know exactly what the breach was. And 02:15.380 --> 02:18.290 I was looking at that myself to something about like severe 02:18.290 --> 02:21.680 repeated breaches, right? They made it sound really extreme. 02:22.220 --> 02:25.910 When Coindesk, reported that their YouTube channel have been 02:25.910 --> 02:28.970 taken down, I actually went myself to try to access the 02:28.970 --> 02:31.790 channel. And it wasn't just like it said suspended, you wouldn't 02:31.790 --> 02:34.790 mean it or you couldn't watch the videos, the channel was 02:34.790 --> 02:40.070 completely deleted. There was a red bar that said, this user has 02:40.070 --> 02:44.270 been terminated. And I don't know how many videos that had. 02:44.270 --> 02:47.510 But they had about 23,000 subscribers. Yeah, all wiped 02:47.510 --> 02:51.020 out. All the video content that had gone now they've been around 02:51.020 --> 02:55.250 since 2013. That's eight years worth of content. Yeah, wiped 02:55.250 --> 03:02.180 out. And that's the risk you run. When you host your, your, 03:02.600 --> 03:06.230 your platform on someone else's platform. All of a sudden, it's 03:06.230 --> 03:09.200 their platform, they decide what they want on it. Now, I don't 03:09.200 --> 03:12.320 really know what what Coindesk, did they get in trouble? I might 03:12.320 --> 03:13.970 have something to do with what people were putting in the 03:13.970 --> 03:17.150 comments. That's what I that's what I saw alluded to, yeah, 03:17.150 --> 03:21.470 Twitter that people were advertising crypto scams in the 03:21.470 --> 03:25.520 comment section that apparently was on Coindesk to moderate that 03:25.520 --> 03:30.260 on their own to protect people. Seems kind of like a lot of 03:30.320 --> 03:33.650 seems weird that you would be held responsible. Yeah. For what 03:33.650 --> 03:38.060 people were commenting on YouTube. Right. But even if 03:38.060 --> 03:40.190 that's even if that's true, if you're supposed to or not 03:40.190 --> 03:43.310 supposed to, I think what it tells us is that YouTube can do 03:43.310 --> 03:48.020 whatever they want, as far as I know, coindesk appealed to you, 03:48.050 --> 03:50.810 pleaded. Yeah, and I would I would think Yeah, please, please 03:50.810 --> 03:53.960 bring our channels back, please bring our channel back. And I'm 03:53.960 --> 03:56.720 assuming they had all the video content backed up. Yeah, I doubt 03:56.720 --> 04:00.050 they will hopefully hope. Yeah, hopefully, they had a backup of 04:00.050 --> 04:02.630 all their videos. And they could put them somewhere else. Right. 04:04.680 --> 04:07.200 But they were at the mercy of YouTube and look like they were 04:07.200 --> 04:09.510 kind of pleading with YouTube, I knew we would have probably have 04:09.510 --> 04:11.850 to plead if we were doing this on YouTube. And one day, yeah, 04:11.880 --> 04:14.670 all of our content was gone. And then YouTube's just comes in and 04:14.670 --> 04:17.880 takes it away. Now they can do that for for whatever reason 04:17.880 --> 04:20.760 they want. Yeah, that's That's my understanding. And if they 04:20.760 --> 04:23.790 feel like they're being threatened, there's nothing to 04:23.790 --> 04:28.890 stop them from finding a breach of the policy that they've 04:28.890 --> 04:31.740 otherwise, you know, we're willing to let go and then using 04:31.740 --> 04:34.080 that against you, you've been doing something very minor, 04:34.080 --> 04:36.600 you've been in breach the whole time. All of a sudden, you do 04:36.600 --> 04:39.180 something that's threatening to them. They could say, well, you 04:39.180 --> 04:40.950 know, you've been in breach of this the whole time, and we're 04:40.950 --> 04:43.350 terminating you and if anyone asked why it's because of that 04:43.920 --> 04:46.740 is interesting, though that Coindesk recently came out with 04:46.740 --> 04:52.110 Coindesk TV, right? Yeah. It's a live streaming service. They 04:52.110 --> 04:55.530 were streaming it on YouTube, but it wasn't being done like 04:55.560 --> 04:58.680 YouTube wasn't the base software they were using. They were kind 04:58.680 --> 05:00.120 of doing it in one central location. 05:00.450 --> 05:04.200 And then pushing it out, pushing it, pushing it out to YouTube. 05:04.260 --> 05:07.080 And so from that perspective, they were okay because that my 05:07.080 --> 05:10.050 understanding was that their channel got deleted midstream. 05:10.470 --> 05:15.240 So if you're watching Coindesk Tv live on youtube, the stream 05:15.240 --> 05:18.450 just got cut, you could still watch it on coin desk comm on 05:18.450 --> 05:22.530 their on their TV section. And this is this is going to become 05:22.530 --> 05:27.420 more common over time Instagram, Facebook, LinkedIn, Twitter, you 05:27.420 --> 05:29.880 don't own these, we don't own these platforms, right, these 05:29.880 --> 05:31.170 platforms are going to decide. 05:31.170 --> 05:33.670 Johny Fernandez: And I think there's like a feeling and 05:33.670 --> 05:38.170 there's a thought that we do. Like, we have ownership or 05:38.170 --> 05:41.320 putting but like you said, you know, at the end of the day, 05:41.320 --> 05:45.760 they do have control over what you put and something that the 05:45.760 --> 05:50.410 platform wrote to an email to Coindesk was that the content 05:50.410 --> 05:53.500 encourage illegal activities and incites users to violate 05:53.500 --> 05:56.290 YouTube's guidelines is not allowing is not allowed on 05:56.290 --> 05:59.110 YouTube. Yeah, I mean, it's a pretty good day the other day, 05:59.110 --> 06:02.260 what does that mean? Right? Yeah, like, it's, yeah, it's 06:02.410 --> 06:05.320 kind of counterintuitive in a way. But at the same time, 06:05.320 --> 06:08.080 Sean Murray: It incites other people to say, I thought it was 06:08.080 --> 06:10.930 gonna say violence is something that incites users to violate 06:10.960 --> 06:12.160 YouTube's guidelines. 06:12.240 --> 06:14.670 Johny Fernandez: eah. Which as, which, which is, but I 06:14.670 --> 06:17.610 hink to go back, all this ties ack to the fact that like, you 06:17.610 --> 06:20.880 don't have control of what you put online. Like, that's just 06:20.880 --> 06:22.530 like, just the reality of like, 06:22.720 --> 06:24.040 Sean Murray: If you're doing it on another platform. 06:24.040 --> 06:26.530 Johny Fernandez: Correct. You're doing on another platform? You 06:26.530 --> 06:29.290 don't have control of it, because you think you do you 06:29.290 --> 06:33.340 have this idea. I think a lot of people that, you know, put stuff 06:33.340 --> 06:35.860 online on social media, they they have this idea that they 06:35.860 --> 06:38.680 own it, but at the end of the day, you don't like you don't 06:38.680 --> 06:43.960 and it wasn't surprising, but to me, I'm like, wow, they, it just 06:43.990 --> 06:46.990 it hit me when we talked earlier, like they literally 06:46.990 --> 06:50.650 wiped everything out. Like the fact that like, you know, 06:50.650 --> 06:51.820 Sean Murray: You can only imagine that feeling? 06:51.850 --> 06:54.070 Johny Fernandez: Yeah. Like you're my heart sank, because 06:54.070 --> 06:58.540 it's like, eight years worth of content, this guy is gone. So 06:58.540 --> 07:01.470 Sean Murray: But that can happen on Instagram, too. Yeah, I think 07:01.470 --> 07:04.380 people to put too much of an emphasis on building up their 07:04.380 --> 07:08.520 Instagram, or building up their Facebook account. Yeah. And at 07:08.520 --> 07:11.700 the end of the day, those platforms will decide whether or 07:11.700 --> 07:15.930 not you can be there. Yeah, you might say something that later 07:15.930 --> 07:16.080 Johny Fernandez: Yeah. 07:16.080 --> 07:19.530 on is offensive to them. Or they might find that how you're 07:19.530 --> 07:23.130 monetizing. It is contrary to your to their own business. 07:23.130 --> 07:28.110 Yeah. And so like here with deBanked, where we have social 07:28.110 --> 07:31.170 media channels, but our goal isn't to send people to 07:31.170 --> 07:35.100 Instagram, to our Instagram page, we have we have one, or to 07:35.100 --> 07:39.210 our Facebook page or LinkedIn page, or whatever. We want you 07:39.210 --> 07:42.360 guys to come to deBanked.com to consume the content. So when 07:42.360 --> 07:44.970 we're out on social media, we're putting, we're putting little 07:44.970 --> 07:47.940 feelers out there for you to come back to our site. 07:47.970 --> 07:50.580 debanked.com we want to have a direct relationship with you. 07:50.820 --> 07:54.420 And we want to control we want to control the our, you know our 07:54.420 --> 07:58.140 own content, and be the master of our own domain. That's why we 07:58.140 --> 08:00.180 haven't been building a YouTube channel what happened to Coindesk 08:00.180 --> 08:02.370 it just reinforced everything that I was already 08:02.370 --> 08:06.990 afraid of. Yeah, we might not get as much engagement by being 08:06.990 --> 08:09.960 off of YouTube. But I think in the long run, it's the right 08:09.960 --> 08:11.220 decision.