Logically yes, downloading or a sharing a digital file is a “lost sale” - but as Aaron Swartz said - “lost sales” are also caused by Earthquakes, Libraries/DVD Rentals, Negative Yelp reviews, Market Competitors, and so on. Why just blame it on file sharing…
Most Piped instances are also not working because they use NewPipe Extractor under the hood.
As someone else said in this thread, I have also temporarily switched to FreeTube for Android, because a few of the Invidious instances are still working fine.
The nice thing about the FOSS world is that it’s pretty easy to import subscriptions and other stuff from NewPipe to FreeTube.
I hope this YouTube fuckery is handled soon. I love NewPipe way more every time it successfully deals with the YT weirdos.