1. So he says. I hope you realize that the creator has an enormous monetary incentive to lie about that, and that it is impossible to verify his claims.

2. "Demonetized," when describing a YouTube channel, means one thing and one thing only: that the channel has been kicked out of the YouTube Partner Program.

I don't know why you would adopt your own, materially-different, definition of a word whose definition is widely accepted. Doing so creates unnecessary confusion, and — particularly in this case — is highly misleading.