Another week, another edition of The ₿it Economy! This week’s edition takes a look at Bitcoin’s role in the podcast industry. Also, I’m happy to announce that I'll be starting a telegram group that will lay host to AMAs with founders and projects building in the Bitcoin ecosystem. You can join that group here and expect to see some activity in the coming weeks! And per usual, if you have any thoughts I'd love to hear from you. My goal is to shed a tidbit of info that I believe will get you thinking about the digital world around you. So if you know anyone who would be interested, please do forward this along, send them to the archive, or have them subscribe here. 👇
-Rob
What Tribe Are You?
Would you believe me if I told you the Lightning Network might be the gateway to a decentralized podcasting network? Well, that's exactly what Adam Curry has set out to achieve. In collaboration with Sphinx Chat, the man commonly known as the Podfather, announced the platform Podcasting 2.0 was to integrate the Lightning Network.
The concept commonly referred to as streaming money by Andreas Antonopoulos, is where listeners have the ability to pledge streaming payments to the podcaster at rates like 100 sats per minute and to tip for their favorite sections. In other words, you pay on the go and as long as you listen, the payment flows. Not only is this development pivotal to ensure podcasting stays decentralized amid the growing concerns of centralized platforms like Spotify and Apple Podcasts but it opens the reduces the friction between content producer and consumer.
It is a gamechanger not only for the independence of podcasts but for the payment of content producers. It's often been claimed that Lightning Network has the potential to do away with monthly subscriptions and paywalls. In doing so it would create a seamless way to truly reward people who provide good service. We are starting to see the early stages of Bitcoin's role in the creator economy and I couldn't be more excited! Check out a few of the numerous tribes below!
Threads🧵
Breakdown of long-form content into an easy to read and concise format.
The Dangers of Centralized Lending
Why you should be so bullish on decentralized derivatives
News 📰
The top announcements in Bitcoin. All in one place.
Fully Noded Desktop v0.2.1 Released
Sparrow Wallet v0.9.7 Released
Russia to soften requirements for crypto tax reporting
PayPal removes waitlist for new crypto service
Chainalysis launches asset realization program for government agencies
Market Watch 💸
One-stop-shop Bitcoin market & network snapshot.
What I'm Reading 📕
Scowered the internet so you didn’t have to.
Building an overview of the Lightning Network Ecosystem
The Case for Bitcoin Banking (Despite Cred’s Bankruptcy)
Addressing Persisting Bitcoin Criticisms
European Council Council Resolution on Encryption
Bitcoin Optech Newsletter #123
Token Models to Bootstrap Network Effects in Multi-Sided Platforms
A Practical Analysis of the Ledger Phishing Email
7 Misconceptions About Bitcoin
The Election That Could Break America
Exploring Bitcoin's Core Values and Why We Defend Them
The Most Important and Non-Trends in DeFi
What I'm Listening To 🔊
Give your eyes a break and pop in the earbuds.
Banking the Cryptoasset Industry
Finding Alpha from Onchain Crypto Data
A Mathematician's Look at Bitcoin
Can Bitcoin Do DeFi and Lending?
Bitcoin Under a Biden Administration
What I'm Watching 📺
Take a break from Netflix and check these out.
Tangents from Coin Center: Jerry Brito and Peter Van Valkenburgh
Housekeeping 🏡
Who doesn’t like free money and information?
🗨️ Join the Building Bitcoin telegram group for weekly founder AMAs
📅 Subscribe here to stay up to date on early-stage companies building on Bitcoin
🏗️ Aggregated videos, podcasts, news & more from the top Bitcoin startups
🦢 Sign up for Swan Bitcoin and receive $10 with your first purchase
Final Quote 🎩
Thanks for reading. Send me tips, stories I’ve missed, or comment below. And if you liked this piece, you can sign up here for more issues of the Bit Economy, a newsletter on something bitcoin related.
Until then, have a great week! See you next Sunday.