Of course this might finally open the door to taking a slice of the video hosting pie. It might also end up like a Reddit vs. Voat, because at the end of the day a lot of the crap being objected to here is really quite objectionable. I know that people like to invoke freedom of expression arguments, censorship and so on, but again, look at Voat if you haven’t eaten lately; it’s a combination of appalling and dead.
Usefully though, these alt sites can act as a useful way to monitor the degree of real censorship, if it exists. When and if you start to see significant amounts of something other than paranoia and hate there, you’ll know something is being suppressed elsewhere. So far though, not much.