Or the lack of anyway to monetize your content other than link to a method for accepting donations.
The only thing I got from reading this write up is that it will be pretty easy for someone to create their own instance and throw ads on someone else's content.
That long tail is what drives growth for these platforms anyways.
Plenty of huge YouTubers don't use any YT ads at all.
Even for millions of views on a video its typically less than $100