Can Bitcoin Really Support Musicians?
- Did you know that musicians on Spotify get paid anywhere between 0.003¢ or 0.005¢, so less than half a penny every single time a song gets streamed? So think about that. You'd have to get a 100,000 plays just to make $100. That's ridiculous
- From playing in a punk band as a kid to becoming a tech entrepreneur and eventually integrating Bitcoin into his music career.
- We explore the concept of value for value and how platforms like Wave Lake, Nostr, and Fountain are revolutionizing the way artists and content creators get paid.
- The Higher Low explains how these platforms allow fans to directly support artists with small Bitcoin transactions, bypassing traditional gatekeepers like record labels and streaming services.
- We also touch on the future of music and streaming services, discussing whether platforms like Spotify and Tidal will adopt Bitcoin and value for value models.
- Importance of having multiple revenue streams and engaging with fans in a more meaningful way.
- If you're a musician or content creator looking to learn more about integrating Bitcoin into your workflow, this episode is packed with valuable insights and practical advice. Enjoy!
"
The Higher Low freaking rocked our NOSTR Satoshi Rockamoto party in Riga. Super catchy acoustic punk tunes about the Bitcoin culture! It was an awesome way to kick off the party. I highly recommend booking him to play at your Bitcoin conference. The dude is rad and does not disappoint." - Mike Jarmuz, Managing Partner, Lightning⚡️Ventures.
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https://serve.podhome.fm/episodepage/djvalerieblove/the-future-of-music-bitcoin-value-for-value-and-the-higher-lows-vision
(00:01) Introduction and Spotify Payment Model
(00:23) Guest Introduction: The Higher Low
(01:30) Bitcoin Atlantis Conference Experience
(02:42) The Higher Low's Musical Journey
(07:14) Bitcoin's Influence on The Higher Low
(09:27) Value for Value Model Explained
(13:07) Impact of Value for Value on Creativity
(16:17) Engaging with Fans through Bitcoin Platforms
(20:49) Future Plans and New Music
(22:00) Potential for Value for Value in Mainstream Platforms
(24:45) Marketing Strategies for Musicians
(27:13) Advice for New Musicians
(30:16) Upcoming Events and Final Thoughts
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