I adblock everything but I am sympathetic to the idea that video hosting costs money. But I watch, on average, less than 1 hour of Youtube videos a month, so paying for Youtube makes no sense. Plus I have issues with privacy (part of the reason I've never created a Youtube account). The videos I do watch on Youtube are short ones for a specific need: e.g., a company showing me how to install their product in an easy way (I'd prefer a write up, but sometimes those are so bad you need to rely on a video), or a simple how-to on changing the battery in X model of car. So when I do need to go to Youtube for something, often its because the video is nowhere else. People don't even think of hosting it elsewhere. I don't watch any long form stuff there, don't listen to music there, etc., so paying for premium makes no sense.
I wish there was a free and open video platform that had a funding model like Wikipedia, where people could upload things that they had no intention of "monetizing".