Bitcoin Fixes the Music Industry
summary
Three apps — Fountain (podcast player), WavLake (music library launched Jan 2023) and Tster (live-streaming) — interoperate using open RSS, Nostr for social and the Lightning Network for instant micropayments; example: a venue sees about $40 in zaps after a single night and a promoter runs ~1,200 shows a year integrating streams. Biggest concrete hurdles are user onboarding to Bitcoin and building libraries from scratch; a Nostr integration is currently in beta and live boosting/zaps already work end-to-end.
AI-written summary · about
chapters (10)
- 0:00Welcome
- 1:28Value for value in podcasting
- 3:59Open music apps competition
- 7:12Noster for musicians
- 8:15Live streaming with Bitcoin
- 13:11Hurdles in Bitcoin music
- 17:29Artist challenges in Bitcoin music
- 23:53Fountain and Wav Lake future
- 25:18Value for value action
- 26:21Live music and closing
