If you rely on Youtube for those things, yes. I was more thinking of a use case I often see where someone has a blog or a prominent Twitter account or something, and just wants to be able to link to their video. The blog itself may be monetized with membership or ads or something, but they don't need Youtube itself to be monetizing it.
A case study example is Jupiter Broadcasting. They run their own instance of Peer Tube. They monetize their content through premium members and ads that they sell and manage themselves, and most of their audience listens to audio through RSS feed, but they want to make video available for the few who want it. They just need a place where they aren't constantly getting dings for things. They don't care that much about monetization or discovery.
