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The Future of Music: Bitcoin, Value for Value, and The Higher Low's Vision
Season 1 Episode 172
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!
FOLLOW The Higher Low:
X - TWITTER: https://x.com/thehigherlow
WEBSITE: https://www.thehigherlow.com/
NOSTR: thl@nostrplebs.com
YOUTUBE: https://www.youtube.com/@thehigherlow
WavLake: https://player.wavlake.com/the-higher-low
LISTEN TO EPISODE HERE
(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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Published on 1 year, 4 months ago