Steem power is very illiquid and takes time to "power down" the steem power into steem. Steem is the main currency, which you trade on the markets (along with Steem dollars).
Delay aside, it’s all the author’s.
but I haven't looked into it closely and could easily be remembering incorrectly or have misunderstood.
Plus, YouTube is only going to get worse for small creators, as Google tries to cater more and more to the big companies and punish the creators for "advertiser-offensive content". Meanwhile, d.tube should get better and better as both it and STEEM (the tipping mechanism) rise in popularity.
The nice part is the creators don't even have to give-up YouTube to try out d.tube. They can just upload the video to both and see for themselves what's the difference.
some basic info is here : https://steemit.com/hello/@thefreebird/init-1
That really seems like an argument that is made only to hurt startups.
you're looking at this the wrong way. Yes, startups should enforce copyright. But so should facebook.
They just get away with it because they are big
This has become a big issue on the STEEM blockchain - plagirism, irrelevant junk etc.
Generally the STEEM blockchain is otherwise very fast and healthy but the content issue putting it strain from every front.