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I hate to say it because I hate YouTube, too, but they’re getting pretty close to being as good at hosting streaming as Twitch is. The fact that full-length streams can just be saved straight to the user’s YouTube channel, with chat and everything else intact, is a pretty rad feature.
I find twitch to be a live-first platform.
Sometimes it’s hard to tell if something on yt is live, if a channel is currently live etc.
And things like raids (sending your viewers to another channel) and clips (user selected segments of streams) which helps build community.
Twitch is a community, and a community of communities. I’ve never found that feeling on YouTube.
I do like how easy it is to rewind YT live streams, tho.
I hope twitch gets some decent competition (and not something that buys a few high profile streamers and expect the rest to work… because it’s the smaller communities that makes twitch more than shroud/xqc/whoever).
But I have no idea how someone would actually make it profitable, never mind build the level of smaller communities that twitch has.