The PS4 is currently rumored to not allow gameplay footage to be uploaded to Youtube through the use of the Share Button nor would it allow the use of third party video capturing devices for footage.
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While the PS4 has its own internal capture and streaming to Ustream services, there's no word yet on whether Sony's next console will have HDCP regulations, like its predecessor does. PS3 users were able to bypass HDCP by connecting their capture devices through component cables, but the PS4 only has one HDMI port. If HDCP is indeed in place on the PS4—thereby rendering any outside capture cards and devices ineffective on the console—this could spell problems for the world of eSports and YouTube content creators.
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http://kotaku.com/you-can-use-video-...what-985846898