One of the Winklevoss twins — the world’s first Bitcoin billionaires — is hinting on a ‘free speech,’ decentralized version of YouTube.
There has been a lot of hostility recently against Google’s video platform YouTube over its heavy-handed censorship.
A “free speech” version is needed, but will it be built by the Winklevoss twins?
This means that only YouTube bosses can decide what viewers can watch, whether the content is factual or not.
Fake news and misinformation is a major problem, especially on social media platforms such as Facebook. However, there needs to be a balance between outright censorship and free speech.
One of the Winklevoss twins, Gemini crypto exchange CEO Tyler Winklevoss, recently tweeted about the need for a decentralized video platform, adding:
“The ‘Why’ in the pitch deck will be Free Speech. Users own and control their own content, they are not serfs but rather their own masters, etc.”
Looking forward to investing in the brilliant team that comes along and pitches me on building decentralized YouTube. The "Why" in the pitch deck will be Free Speech. Users own and control their own content, they are not serfs but rather their own masters, etc.
— Tyler Winklevoss (@tylerwinklevoss) April 28, 2020
In today’s world where centralized corporations such as Google and Facebook control a massive portion of what people see, decentralized alternatives are desperately desired so that people can make their own choices.
A video platform where content creators are paid in crypto by those that like the video and can control their own channels without fear of grand overseer censoring things would be a breath of fresh air.
However, whether the Winklevoss twins will create a decentralized YouTube remains to be seen.