Youtube doesnt pay you to upload - Why use it??

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Would you like to get paid $5 for uploading your videos time & time again ?? Hi guys, I have just received the promo code of a new video hosting site. You signup through this link - http://www.hotclips.mobi/signup.php You upload your video, promote the uploaded video & start earning . So if this site pays you, why you YouTube or any other video host. Plus if you refer others through your unique referral codes you get to increase the space you have to store your videos.