Go to THIS PAGE and search for this line:
"YouTube may terminate your access, or your Google account's access to all or part of the Service if YouTube believes, in its sole discretion, that provision of the Service to you is no longer commercially viable."
Here's the obvious clincher:
"Commercially viable" is a pretty broad term. Initially, it will wipe out all channels that have been demonetized. But the next step will be all small channels that are not under central control and do not have ads set up, which is 95 percent of Youtube.
A lot of what makes Youtube great is the random stuff from real people, and that will soon be gone. Getting rid of that aspect of Youtube is going to prevent real people from posting what really happened at a Trump rally, or at some other event, or anything else that might go against the establishment and leave only the official corporate feed plus 50,000+ Jew channels that are all monetized but won't step out of line anywhere at all, with that "50,000" remaining to provide the illusion of vastness that is in fact just a bunch of stale oatmeal.
You can damn well bet that if you are not actively working to destroy Western civilization in your personal life you'll be de-monetized even if the only thing you post is cat videos.
HEADS UP: 95 PERCENT OF YOUTUBE IS GOING TO BITE THE DUST. They are certainly going to at least try to make it look like it is not so, but just wait.