No, no and no.
You have given no arguments to support these claims. You are just repeating the idea that you can do with those bytes what you want, when I just gave several examples of cases in which you can not do with those bytes what you want.
I'll make it explicit. You can't show a Netflix show to an audience (let alone a paying audience). You may not render an e-book that you haven't bought. You may not even store that sequence bytes on a device you own. You may not decrypt an encrypted file not intended for you.