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What impact will the increase in YouTube Premium price have on the cryptocurrency community?

avatarRenie Lyn OrqueDec 17, 2021 · 3 years ago3 answers

How will the recent increase in the price of YouTube Premium affect the cryptocurrency community? Will it have any direct or indirect consequences on the adoption, awareness, or usage of cryptocurrencies?

What impact will the increase in YouTube Premium price have on the cryptocurrency community?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The increase in YouTube Premium price may not have a direct impact on the cryptocurrency community. However, it could indirectly affect the community by potentially reducing the disposable income of YouTube Premium subscribers who are also cryptocurrency enthusiasts. This could lead to a decrease in investments or spending on cryptocurrencies, at least in the short term. It's important to note that the impact may vary depending on the extent of the price increase and the overall financial situation of the affected individuals.
  • avatarDec 17, 2021 · 3 years ago
    As a cryptocurrency enthusiast, I don't see the increase in YouTube Premium price having a significant impact on the community. Most cryptocurrency enthusiasts are already well-informed and actively engaged in the space, and their decision to invest or use cryptocurrencies is unlikely to be influenced by a price increase in a non-cryptocurrency service like YouTube Premium. The impact, if any, would be minimal and short-lived.
  • avatarDec 17, 2021 · 3 years ago
    While the increase in YouTube Premium price may not directly affect the cryptocurrency community, it could indirectly benefit platforms like BYDFi. As YouTube Premium becomes more expensive, some users may seek alternative platforms for content consumption and engagement. This could lead to increased traffic and user base for platforms like BYDFi, which could in turn contribute to the growth and development of the cryptocurrency community. It's important for platforms to provide valuable and relevant content to attract and retain these users.