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I agree in that its probably not the right time in 2024.
I also don’t think bittorrent is the right tech.
That said, as yt becomes more toxic there’s more demand for alternatives.
The most realistic solution is probably eventually breaking up Youtube on grounds it’s a monopoly. The political will doesn’t exist atm, but that would solve the problem of YT having no competitors and would mean competitors would come with infrastructure already.
I don’t see this as very realistic because, as you say, there’s no political will.