Bitcoin Forum

I was curious what you guys were thinking about library credits, It currently has ~20mil marketcap (https://coinmarketcap.com/currencies/library-credit/)

The token is all about content freedom, and the sharing of it. They want to represent themselves as the decentralized ""youtube"". https://lbry.io/

With the current youtube crisis that is going on, ( no adrev, youtube censoring political or supposedly ""racist"" video's.) I feel like a coin like this could really boom.

Is this something that could blow up? What do you think?

Just play around with the app. It takes a long time to load videos, if they load at all. There is no universal search, you can't find anything by searching, it just takes you to a page named for what you searched. There is no streaming. Many bugs. So far no one is going to use lbry. If they can fix these problems then maybe they can compete with youtube. If they can get just 5% of youtube's users lbry will be huge. But without active development it will go no where. Hoping the devs can get on with it and improve lbry.

Yeah. Very true, i agree that they are lacking alot of stuff, but with the size of their team, I'll give them a bit more time. I hope that they make a universal player like youtube with connected nodes that automatically download content or something like that.

That would be very promising to see.

Also, are there any other altcoins which do the same thing as LBRY Credits is trying to accomplish? Video streaming and such?
I might diversify my portfolio a bit more in them aswell, in case LBRY gets beaten by them, which i don't see happening anytime soon, but you never know it in this market...