This the first video on this site having WordPress as the hosting site. I am using their video hosting service. So this is a test. One problem I see is that this one video uses 3.4% of the 13 GB I am allowed with my plan with them.
The next upload of a video I will just upload to YouTube and then use the YouTube URL. But, I suspect that WP will import the video from that URL and then store it here. We will see what happens.