Winklevoss wants to invest in a solution where users own and control their content.
After expressing frustration over YouTube’s increased censorship of coronavirus videos, Tyler Winklevoss, a founding partner at investment company Winklevoss Capital, has revealed that he plans to invest in a decentralized YouTube alternative.
Tyler tweeted that “the ‘why’ in the pitch deck will be Free Speech” and wrote that he wants a solution where “users own and control their own content.”
Tyler and his brother Cameron Winklevoss, who is also a founding partner at Winklevoss Capital, have both been highly critical of YouTube’s aggressive policing of coronavirus content.
Each of these solutions use varying levels of decentralized technology in their platforms and have differing levels of moderation.
The demand for such solutions comes as YouTube has ramped up its censorship of discussions around the coronavirus amid the pandemic.
Some of its recent policy changes in this area including banning videos that “might” encourage people to ignore stay at home advice and prohibiting anything that goes against the World Health Organization (WHO).
YouTube CEO Susan Wojcicki has also vowed to continue with these aggressive content moderation standards and recently promised to crack down on “controversial content.”