It wont be, the scale of service and ease of revenue sharing will keep it as the king of video distribution untill Google kills it (like they do to all their products). FOSS projects and self hosting can not accomodate a viral hit (the slashdot effect), and also a self-hosted project like that would have to find a way to make money for the host to keep the lights on, and even Youtube fails at that one.
He was also the idiot who got caught… The whole gunpowder conspiracy went up in smoke (bad joke very much intended) when he gave up all his co-conspirators… He was not alone in being a dumb-ass, others did make mistakes, like writing their friends to not go to parlanent that day.
Its no suprise England mocks him every year on his “holiday”.