The Value-for-Value Music Economy and the Birth of NextBlock
season S4 · episode 3 · block #861602
synopsis
Ian and Mandana explore the value-for-value music economy on Nostr, featuring artists like Quex, Believe, and Just Loud. They announce their trip to Bitcoin Amsterdam and hint at launching a new company. Mandana delivers a powerful monologue on how the music industry debases music, drawing a parallel to Kendrick Lamar's takedown of Drake.
quotes
"Things only have value if we say they do. And Bitcoiners are saying El Zante is prime beachfront real estate."
"You don't need this whole apparatus behind you that's taking 90 percent of your money to convince everyone that you're famous. No, the people will pay you if you're good."
"If you want to live in a cool city, you have to feed it."
"You need to go into your city and you need to feed it. That's zaps, that's comments, that's repost. And most importantly, that's convincing your friends and family and everyone else that this is a better place to be."
"As the zaps circulate, if they don't leave the system, then the system becomes more valuable."
topics
Value-for-value music economy on Wavelake and FountainNostr as a decentralized music labelThe Kendrick Lamar / Drake beef as a metaphor for disruptionAnnouncing Bitcoin Amsterdam trip and Nostr Valley eventTeasing the new company (later revealed as NextBlock)Citizenship and feeding your city (Nostr City metaphor)SoundCloud era parallels with Wavelake