The value goes up just by people using it?

well the value is down 97%

so. lol

But there are no fucking ads

I don't get it

I give up dude

I'll stop

**Rev#3635** just left the server.

@Gilgamesh witnesses witness blocks they are voted into that spot.... they earn say .1steem per minute..

they invest in shitloads of servers ram n stuff

i do as well.

instead of miners you have witnesses. that's how it works.

i tried. shit is easy to understand if you look at it from a broad perspective. INvestors invest money.... The system enables printing of said currency... that pays creators..

also witnesses

@Gilgamesh yt was barely breaking even until they started YouTube red and stuff like that

they lost money that's why it was sold to google

if it was doing so well why did they sell

same with justin.tv/twitch

people should stop

@Abel you are right about that tho..

YT red and YT TV saved their shit

Where can I see YouTube's earnings over the years

@Gilgamesh centralized.. 😉

YOu can't!

So you're saying you know they were barely breaking even

But you can't prove it

it's been stated before by them

Bullshit

You can't say they're fucked and only want money and then say they were honest about not having enough

my name is Xombii right?

yes it is good

@Gilgamesh we know from viacom

https://gigaom.com/2010/03/18/youtube-accuses-viacom-of-uploading-clips-making-its-life-difficult/

Google bought them out because of the potential for ad revenue

Clearly they are rich af from ads

they made shit public cuz lawsuit

we dont know shit about it today

but back then yeah we have some data

If creators like Pewdiepie can be multi millionaires then you know the company is rich af

that's govt money

You know they take most of the revenue by far