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RE: YouTube will dominate steemit.
It will indeed be good for cryptos in general and Bitcoin in particular if the site succeeds.
I've got a video I'm going to make about this, but the preview would be that this sort of system could turn most media interactions in to income generation streams, which makes the increasingly inevitable automation of labor not really scary because you can make money writing posts, playing games, and liking and sharing content.
Exactly, we either need to move past this monentary for profit style system, or we need to figure out a way people can still get paid.
You hit the nail on the head eventually machines will be completing most manual labour jobs. Hell they may be completing most jobs in general, so if we wanna keep the same style of for profit system we need new ways for people to generate an income in ways a machine can't or "isn't allowed".
Thinking about this topic inspired me to invite a guest to my YouTube channel to discuss it. Here's the video! https://steemit.com/money/@shayne/interview-or-adam-miester-and-shayne-the-independent-optimist-steemit-and-the-new-economny