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They wont sue you for millions of dollars if you don't have millions of dollars for them to take.
Most of what they do is send out notices for their videos to be taken down, its about cost and efficiency, why would anybody spend a crap load in legal fees to sue broke Joe Schmoe. It's the same reason why so many get away with downloading illegal content from the internet.
It's about how much money you're making, like that Kim dotcom guy and megaupload, getting attention for "facilitating piracy". What a load of crap, its all a numbers game.
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