Illegal download sites will reap all the benefits.
Just pay the tax in bitcoin.
It's not like Google which owns Youtube is based in some 3rd world country where lawyers can't touch it, it's right here in California! And they're a multi-multi billon dollar corp! You would think every lawyer on earth would be suing them into oblivion but they're not? Why?
Here's a good one...Last month David Bowie put out a new album, his first in like 10 years. Oh but thanks to Youtube people don't have to buy it because here it is! ......
So where is Bowies lawyers? Where is the RIAA? Why isn't the person who uploaded this getting his ass sued off? Why isn't Google? Amazing.