[devmunchies]

I think creating BAT was one of the smartest things Brave did. How is that relevant?

It has > $2billion market cap. They don't need Google's money like Mozilla.

This feature allows you to download a youtube video and watch it offline. It also lets you play it in background mode so you can listen to audio with the screen off. Google doesn't let you do that unless you pay for youtube.

And on the bottom of this announcement, I see a link to another Brave project, a search engine: https://brave.com/search/

[CharlesW]

> I think creating BAT was one of the smartest things Brave did. […] This feature allows you to download a youtube video and watch it offline.

That feature is unrelated to BAT.

Also: Brave has a built-in functionality to violate YouTube's ToS (sections 5B and 5C)?

[xNeil]

While I can't be sure of what they were trying to say, my guess would be they were referring to the fact that Mozilla earns money from partnering with Google, while Brave doesn't need to do that, they have BAT, and so Brave might not be as hesitant to modify YouTube functionality as Mozilla.

[devmunchies]

yes exactly, you said it better than me. Brave has more freedom since they don't need to concern themselves with biting the hand that feeds.

[xNeil]

Alright, glad I could help!

[rideontime]

I don't understand this. Who is buying BAT, and why, to make it worth two billion dollars? Just speculators like the other cryptocurrencies?

[gowld]

Is that $2billion in spendable money for Brave? If people use BATs to pay publishers, that's not Brave's money.

[SheinhardtWigCo]

They hold 13.3% of all BAT.

[PascLeRasc]

How many US Dollars can they extract from that before all the selling crashes the price?

[SheinhardtWigCo]

Tens of millions per year if managed correctly. It's a development fund; spending it to grow the ecosystem is arguably a good thing for BAT holders.