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RE: This vid shows in 10 min why we need video hosting on Steemit
The Steem blockchain cannot host videos, that's unfeasible. It could however include an IPFS link to the video, and a hash for verification/proof of existence (I think a hash may already be included in IPFS links) in case of attempts to tamper with it.
Yep. Probably one could use a crypto cloud to upload videos and link it here (thanks @twinner for that point).
Also it is not "censored" on youtube by deleting, only hidden due to age restriction. Here we need a way around. We could offer an open door.