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RE: STEEM was GOOD, now its AMAZING - HardFork 10
Steem doesn't have a video playback system, but parses youtube videos as embeded videos.
regarding copyright that's an interesting question, the only way i can think of is by community flagging. Reddit uses that system and it's been working so far.
Have seen what would be called copyright violations already. Can content be removed from steemit. or is it forever in the Block Chain. And I found this video interesting.