It definitely helps that it's also a great (though imperfect) browser.
Fines are only the slightest punishment.
Quit coping and just admit it, Brave is adware. If you like it, that's cool, totally your choice. It's fast, performant adware. But it's adware all the same.
So really, there's no point in singling it out.
Also it’s the only browser on my phone that I can use to browse the web without ads…
Also blocking is not as good as intentionally poisoning with something like Ad Nauseum
But focus on the license overlooks a more important threat. Google made Web Environment Integrity so services could require approved devices, operating systems, and browsers. Resistance led Google to remove it from desktop for now. But they kept something like it in Android. And they will try again.
Maybe I'm just lucky, but even this argument is quite ... meh
I.e. I can count the number of times I said "wow, uBO Lite didn't make this site usable but loading up Firefox with uBO and it worked fine" on one hand. At the same time, if I ever look and compare how much is actually getting blocked, uBO is definitely blocking way more. Doing a side by side compare of dozens of sites it becomes easier to see minor differences I wouldn't otherwise have noted, but may not have mattered as much.
You won't "feel" this in your day-to-day browsing, but if you're concerned about your data being collected, v2 matters.
I'm sure this will all change eventually though and YouTube has a loophole planned so ad blocking on manifest 2.0 is impossible.