yes! However youtube got stuck with a lot great videos. Unless someone form IPFS or torrent community are already secretively archiving youtube videos. Then youtube video random view key will just serve as an index for videos for a globally archived videos (the video can also sit on owner's hard drive) (kinda like what archive.org is doing for web page). Then someone can write a plugin to republish the video to peertube, web torrent, odyssey all the other alternative video sharing sites. This shall at least to start take people's dependancy off of youtube/alphabet/google platform/infrastructure.