So if I understood this new update
if the pre-affiliate streamers only can spend their subs on other streamers, then that means Twitch gets a 75% cut of that income in the end
Cause first 50%, then as you gift to another, 50% again.
For the record, you still need affiliate to actually get paid, so the money from subs/bits could only be used to basically buy bits or gift subs to others.