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by Cederfjard 1823 days ago
So if you can’t put up $1000, but your counterpart can, you’re screwed?
1 comments

Technically yes; but:

1. It's still better than the current situation, where you're screwed regardless

2. Not even a large corporation is going to be willing to lose $1000 over and over again. The only time it's rational to put up the $1000 is if you're pretty sure you're going to win, or if you're pretty sure the other guy can't pay. I think the chances of any random person being unable to come up with $1000 are reasonably low. So most re-claims should generally be actually valid.

3. Theoretically one could imagine services like bond lenders starting up, which will look at your case and front you the $1000; and if you win you pay them a cut of the refund ($50? $100?). If my predection at the end of #2 turned out to be false, there should be a reasonable market for this sort of thing.

> I think the chances of any random person being unable to come up with $1000 are reasonably low.

I want to live in the world you live in! In the one I live in 1k is a lot of money to a lot of people to gamble on an uncertain process.

We're not talking about mom and pop, here, really. This is presumably a population that is making money on YouTube. Yes, $1000 is a lot to the average person, but as a business expense it's really not much. And getting your channel banned is career (or business) ending.
We are talking about mom and pop though because the complaints are indiscriminate and automated.
Mom and pop have not much to lose on public YouTube content, content creators have.