The one thing it has done well is provide entertainment in the form of a fresh batch of reddit morons freaking the fuck out and circling their wagons, so well played...kinda (except for the shit idea and implementation obviously).
At least with Bazooka Joe points you chewed gum, read comics, and could even eventually get something tangible in return. Youtube is just trying to dupe people into working for them.
Even drinking 93,000 cans of Jookie for a Jookie sock is better than this.