It already is everywhere except yeehawistan.

This would actually kill a significant number of people, especially if they didn’t know it was about to happen.

I think the biggest outcome of that would be phone batteries getting much bigger.

That’s why we have a “fractional reserve” system in place pretty much everywhere.

And besides, they haven’t created that money, as the first person has a balance of -80.

What the fuck have you been smoking?

The hell are you on about, reserve banks can create money, but a retail bank borrows it from someone else and loans it to you.

And if that “somewhere else” can get a better deal elsewhere, they won’t loan it to the bank in the first place.

Why would any institution give you a mortgage on those terms?

Good point. If it’s just some random website though, fuck em.

I suspect the websites that use this system won’t be worth visiting anyway.

Cool, good for you.

Not everyone has sponsorships though.

Oh man, I bet that was a proud moment.

Twenty dollars for an out of production toy still in the box isn’t exactly asking for the moon.

People get so insufferably smug about this. Also, completely ignore the YouTube music bit, and just talk about how to block ads.

Because the content creators get no muhnee.

Why? I use YouTube music all the time, it’s great.

People with itchy balls, who do you think?

The difference to YouTube is that it’s not intended to create a huge platform centralizing videos from the whole world on a single server farm (which is horribly expensive).

From their website. It’s a very different system, and also not funded by advertisers, which means someone else has to pay the bills.

Convincing content creators to upload their videos to multiple platforms will be easy, as will uploading their old work

You just end up with a chicken and egg situation with viewers and creators.

They explicitly say in their description they’re not a replacement for YouTube.