This way, you don't have to pay for an expensive subscription for a file hosting or file transfer service such as WeTransfer, Dropbox, Google Drive, etc. If you'd like to share a big video with friends or family, you could upload it to YouTube and recommend that they download it using Viddly.
If you have an iPod or a multimedia player that's not compatible with YouTube, then you're best off first converting the videos to MP4 or the music to MP3. If you'd like to watch YouTube content while flying or traveling, downloading YouTube videos is your best bet to avoid buffering or interruptions!
By saving a backup of the video locally, you ensure that you'll always have access.
There are many potential reasons to convert YouTube videos to MP3 or MP4 format and store them on your local hard drive.