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RE: STEEMIT vs YouTube: Analysis Of My Introduce Yourself Post
True, but aside from recent restrictions, he was making several thousand on any old video simply due to the extreme number of views he gets.
Correct. The point I'm trying to make is that things are changing. Once platforms like Steemit, and others that will be developed for specific markets, become easy to exchange for USD, they'll become the new host for independently created and distributed content.
You have the point. Seven days restriction on Steemit is a big downside.
Are you referring to the payout schedule? If so, for Adsense, you have to wait for 2 months to receive your first check, and checks come out only once per month and are often delayed. Vs a liquid 7 days to pay out per post here on steemit, I see that as a feature, not a bug.
I was reffering at the restriction that you get your payment only ONCE after 7 days. After that there are no more payments.
For YouTube content creators who earned recurring revenue before this is definitely an issue I think.
On the flip side if they are now earning zilch, then maybe it is worth switching?