Personally, I don't think we have any platform that can compete with youtube at the minute also they have adjusted their algorithm to ensure more videos are not demonitised. Millions of videos will benefit from this now. Twitch tv is their closest competitor but they are only catering for streamers but if they changed to uploading then youtube would be in trouble
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i think bitchute is a good competitor it just needs more content, a little bit of clean up and a mobile app.
Personally never tried bitchute but I will check it out