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14 sats \ 3 replies \ @Undisciplined 20 Mar \ on: Ask Kathryn anything!! AMA
What's the biggest problem bitcoin solves, or might solve, for musicians?
The biggest thing Bitcoin solves for Musicians in my opinion is they way you're payed, which in turn changes everything/solves a ton of problems. Instead of waiting for a quarterly payment from ASCAP or BMI (Publishing Rights Organizations), which most likely is less than a dime. You are getting payed directly, and you see exactly who is paying you with a time stamp. Instead of waiting to get payed for the show you played two months ago, you have it in your account as you're preforming, as well as directly after you get off the stage. Not to mention streaming, where an artist receives fractions of pennies per stream, on Wavlake or Fountain someone could send you a dollar. And if a few thousand people are doing that, boom now you can pay rent, and maybe even tour.
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I agree. You can interact directly with your fans.
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It is really fun getting paid over Fountain.
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