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(upbeat music)

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Hey everybody, welcome back to Phantom Power Music.

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This is a Business Hour podcast.

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We're gonna be talking about the music industry

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and we're gonna be talking about

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how to bring independent musicians into this space.

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I am joined by two guys who are needy,

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pippedy, pneck deep in Bitcoin.

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Bobby Schell, vice president of marketing at Valtich

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and Sean Yeager, head of sales at Ambas.

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They have both been in the industry for years.

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They are far more knowledgeable than I am

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and they're both musicians.

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So I thought it would be fun to get the three of us

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together and kinda strategize and spitball

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as to how we should talk to independent musicians.

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And I'm hoping that independent musicians

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around the world will listen to this.

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'Cause these guys bring a lot of knowledge.

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They bring some insight that I don't have

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and they're able to speak to it

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in a much more eloquent fashion.

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So without any further ado,

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I will bring down the background music on loop

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and we will bring in Bobby and Sean

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and I really hope you guys enjoy this conversation.

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Here we go.

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Well, welcome back everybody.

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Very excited to have two gentlemen

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that I've had a lot of conversations with in person

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and publicly.

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Two guys that have been in the Bitcoin space for quite some time

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and bring a tremendous amount of knowledge into this conversation.

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And they're also musicians.

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So on the line with me, Bobby Schell,

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vice president of marketing with voltage,

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Bobby is also a small business owner

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and is a scrapper in all of the good regards

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and is also a musician

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and you can check out his music over on Wade Lake

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and also very excited to have Sean Yeager

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out of sales at Ambas.

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Sean has also been a consultant and advisor

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to companies like Clover and Sonata

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if I'm pronouncing that right, Sean Orange Pill and NY Dig.

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And Sean's a musician as well, bit of a drummer,

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playing around town a little bit in Nashville.

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So I thought it'd be fun to get these guys together

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and talk about Bitcoin and talk about music.

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So welcome, fellas.

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- Hey. - Thank you.

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- Yeah, this will be fun.

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I did meet-- - I did meet subjects.

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- Sean, I didn't even know you played music.

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So this will just be fun learning more about you too.

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- Absolutely, likewise.

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- So let's think about it this way.

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Like I was thinking about you guys and it's like, okay,

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how do we bring musicians into this space?

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And if Sean and Bobby and I were at a bar down in Nashville,

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down downtown, and we saw this amazing band.

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And while we're sitting there watching them,

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we bring up their Spotify and we see like,

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man, these guys are so damn good,

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but they're only getting like 5,000 streams of song

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and then we go to their socials.

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And like, there's only 2,000 people following this band

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and we're like, how in the wide world of sports

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is nobody following this band?

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How come people don't know about this band?

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So the three of us being a bunch of sales goobers

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and Bitcoin fans that we are and being musicians

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decide, all right, we gotta get these guys

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into the Bitcoin space.

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How do we do it?

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How do we do it?

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So Bobby, let me start with you.

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Like if we put our sales Bitcoin musician brain on,

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how would you explain two musicians to this band

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that we've just seen?

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How would you explain value, what value for value?

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Is and how it could help this unsigned band?

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Yeah, so, yeah, specifically for an unsigned band,

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I would paint two pictures for any artist

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having this conversation that I think frames

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this entire hour or whatever we spend perfectly.

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So like Snoop Dogg today, it's December 8th

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when we're recording this.

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He says he got over a billion streams on Spotify

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and made less than $45,000.

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We've talked before in just in passing together

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how there's so many people who take cuts out of a song.

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So if you don't own your music,

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you're not gonna make any money, just straight up.

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So if you don't own your music fully,

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this is absolutely for you

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and it's a way for you to better connect with your audience,

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whether it just be you being an influencer

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without your song or with your song number one.

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Part two, if you're an independent band,

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this is even more so for you

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because you might not have label executives,

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all these people with their hand in the pot

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taking money off the top from you.

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So this is very valid for you.

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And I think for an independent band,

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we're in a world where it's not just about touring anymore,

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you've got the digital internet.

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And if you're making music, if you're paying attention

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to TikTok, you are likely very well in the loop now

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that marketing and music is wildly different

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than it was years before.

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And TikTok's the place you have to be.

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And if you're on there, you probably are building

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quite the following, but then you think,

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well, how do I monetize this?

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Like, what can I do to just take this audience

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and rally them around me and community matters and music?

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And you want to really find ways to create community,

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get involved and get interacted with your audience

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and tell them, hey, I am displaying my music in this new way.

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It's called Value for Value.

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And what's great about it is you can stream money directly

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to me and we'll dive into all that

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and we make 99% of it.

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No one else takes the cut.

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And I think there's two lenses to like kick off

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the entire conversation.

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If you don't own a bunch of your music

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and you're like Snoop Dogg, only making $45,000

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over a billion streams, that sucks.

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Like a counter price, a rapper nowadays

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who owns his entire stack of music.

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He's making 250 grand a month off Spotify

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because he owns his stuff.

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So you're either an owner or you're not full stop.

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So if you are an owner, you're going to make way more money

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leveraging this.

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If you're not an owner, there's a very compelling reason

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to put the ball in your court

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and give yourself more control and direct connection

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with your audience.

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So I'll start right there as like a simple framing.

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Yeah, Sean, what's your thought there?

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I mean, he hit on the big one there, you know,

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like financial sovereignty.

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Like what goes through your mind when you think about that

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and how to get these guys to start stacking sats.

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Yeah, I mean, I think not surprisingly Bobby nailed it.

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And I think the two takeaways are ownership in 99%.

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You know, if I was going to leave them with a couple of key points,

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I mean, I would take a slightly different approach to it,

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which is to say I would turn it on its head,

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kind of a classic sales technique, which is,

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let's focus on their problems first.

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And I think one of the challenges that I know we've

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bubbled up through our conversations

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is it's really not about selling Bitcoin or value for value.

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It's about understanding the challenges they have.

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Frankly, do they recognize that their challenges

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have they tried anything different?

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Are they willing to attempt to break out?

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And then mapping that to what value for value and Bitcoin can do.

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So in other words, if I had 20 minutes

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with that artist, that band in that bar,

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I would really want to dive in and understand, you know,

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what adjutates them the most.

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Are they?

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And, you know, I spent, by the way, five years

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as a partner in a music tech accelerator here in Nashville.

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And I hesitate to say this, but there's a lot of artists

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that are quite content in what we would

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see as a very, very miserable situation.

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And that's just the sad truth of it, I think.

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So for those who are motivated to try something different

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for those who are willing, I think it is, you know,

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getting an understanding of what is going to animate them.

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But certainly, as Bobby said, I think, unfortunately,

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it's a non-starter if they're locked in some

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egregious 360 record label or publishing deal.

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But I think, you know, I think as a--

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let's just put it this way-- as a community.

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We use that word a lot, but as a bunch of Bitcoiners and Noster

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users and whatever other sovereign tech stack we are assembling

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here, I think it's incumbent upon us

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to meet them where they are and to show empathy

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and to show an understanding of their challenges,

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which certainly I know you, if your gentleman, do.

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But I think the messaging has to center on that

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and the technology and the features and benefits come secondary.

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So let me play the role of the dumb bass player in the band.

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Like, I only play one note at a time, half the time

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I don't know the chords.

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So it explains it's like, wait a second, guys.

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OK, this all sounds good, but you're going over my head.

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Like, what the hell is Bitcoin?

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Like, break it down for me, like, I'm a dumb bass player.

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Like, I hear of this all the time.

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What the hell is Bitcoin?

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Bobby, what is Bitcoin?

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Yeah, someone asked this earlier today on Twitter

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explaining like I'm a five-year-old.

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And, you know, I think the simple thing is--

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for those who are in Bitcoin, we

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realize that our wealth grows over time.

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We have more purchasing power over time.

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So like, what does that actually mean?

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Well, I feel like anyone who's kind of been alive

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and hear the last few years, you've kind of felt prices go up.

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There's things you cannot control.

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These extraneous variables, like what

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the federal reserve does with interest rates

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and how they can print money.

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And all of these levers, they pull.

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It impacts us as people.

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It makes the cost of goods go up.

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It drives up the cost of living.

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And it just creates challenges for us.

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Like, what does Bitcoin do?

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It helps try to address that problem digitally, where

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now we have money, where the supply is fixed,

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and no matter how in demand it gets,

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you can't make more of it.

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Therefore, what we've seen across history

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is it not only retains its value,

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but it grows relative and value to the cost of goods

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that are in the market.

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So as a creative, as someone who is an entrepreneur,

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that's very appealing.

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You know, at the end of the day, we simply

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want money because of what it can get us.

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And that's typically their time or some other good or service.

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So if you're a creative, it's great to find a way

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to integrate Bitcoin into what you're doing because money's

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hard in the music industry.

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It's very, very challenging.

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So if you could earn a form of money that

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over a long time horizon goes up in value,

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that's pretty powerful for you.

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And more importantly, it connects you

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to a global audience.

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Now with streaming music and the internet

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and the ability to connect with anyone globally,

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it's quite fascinating and interesting

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that you can go viral and be worldwide.

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And why not give the world the ability to connect with you?

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And what's really fun for artists is you

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can actually incentivize people to come and engage with you

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and have fun enjoying you over the internet

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with small fractions of a Bitcoin.

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Anyone who's a new artist, there's a guy named Nick D.

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He's in the crew with that guy, Connor Price.

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And he's absolutely destroying it.

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Record label is literally go tell the artist,

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hey, model after this independent guy who leverages TikTok,

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like the marketing departments can't really do

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near what the artist can.

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Like if the script is flipped like we discussed.

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And for him, he would run paid ads online

260
00:12:04,120 --> 00:12:05,760
to get his music known when he first started.

261
00:12:05,760 --> 00:12:08,160
Well, nowadays you can run an incentive

262
00:12:08,160 --> 00:12:10,240
or a little offer to get people to come engage.

263
00:12:10,240 --> 00:12:12,160
And it's even lower cost.

264
00:12:12,160 --> 00:12:14,760
So there's a lot of options and things,

265
00:12:14,760 --> 00:12:16,400
but that's really what Bitcoin is.

266
00:12:16,400 --> 00:12:18,120
It's obviously money like we believe.

267
00:12:18,120 --> 00:12:21,160
But there's a lot of technological advancements

268
00:12:21,160 --> 00:12:24,240
and just delightful ways you can use it

269
00:12:24,240 --> 00:12:27,600
to attract people to listen and enjoy your music.

270
00:12:27,600 --> 00:12:31,040
Yeah, I mean, if I had to explain what Bitcoin is,

271
00:12:31,040 --> 00:12:32,920
and Sean, I'm going to ask you the same question.

272
00:12:32,920 --> 00:12:34,600
Like how would we explain it to somebody?

273
00:12:34,600 --> 00:12:37,200
Like I would just try and keep it simple.

274
00:12:37,200 --> 00:12:40,680
I'm like, look, it's a digital currency.

275
00:12:40,680 --> 00:12:46,400
Number one, number two, you have to understand the fact

276
00:12:46,400 --> 00:12:49,400
that there's only going to be X amount of it.

277
00:12:49,400 --> 00:12:51,160
There's only going to be 21 million.

278
00:12:51,160 --> 00:12:57,600
And anytime you have something that the scarcity of it

279
00:12:57,600 --> 00:13:00,880
is defined, the value is going to go up.

280
00:13:00,880 --> 00:13:04,800
Case in point, there's only X amount of the Honest Wagner

281
00:13:04,800 --> 00:13:05,600
baseball cards.

282
00:13:05,600 --> 00:13:09,080
And they are worth hundreds of thousands

283
00:13:09,080 --> 00:13:10,760
of millions, right?

284
00:13:10,760 --> 00:13:13,360
Or let's put it in the musician terms.

285
00:13:13,360 --> 00:13:18,960
There is a reason why a 1959 pre-CBS vendor's strata

286
00:13:18,960 --> 00:13:21,600
is worth as much as it's worth because there's only

287
00:13:21,600 --> 00:13:24,920
because the quality of it, but there's only so many of them

288
00:13:24,920 --> 00:13:25,800
that are out there.

289
00:13:25,800 --> 00:13:32,760
It's the scarcity of it that is indicative of its value.

290
00:13:32,760 --> 00:13:36,320
And that, to me, are--

291
00:13:36,320 --> 00:13:38,320
those are two things that I always bring up when somebody

292
00:13:38,320 --> 00:13:39,960
asks what it is.

293
00:13:39,960 --> 00:13:41,840
Sean, what do you think?

294
00:13:41,840 --> 00:13:43,720
Well, you said, basis, all.

295
00:13:43,720 --> 00:13:46,160
Explain it like I'm a drummer, which I am.

296
00:13:46,160 --> 00:13:50,840
Which is, I would tend to say that it offers you

297
00:13:50,840 --> 00:13:55,040
the security and the scarcity of gold and a vault,

298
00:13:55,040 --> 00:13:59,680
but it moves with the speed and the ease of cash app.

299
00:13:59,680 --> 00:14:00,840
And see where that takes us.

300
00:14:00,840 --> 00:14:04,400
And I think so much of that conversation, of course,

301
00:14:04,400 --> 00:14:07,760
it played out is going to be feeding into what connects,

302
00:14:07,760 --> 00:14:10,840
but I think as flawed as we all know,

303
00:14:10,840 --> 00:14:14,880
the digital gold metaphor is, I think it's

304
00:14:14,880 --> 00:14:17,840
a useful tool in conversations like that.

305
00:14:17,840 --> 00:14:19,960
That's really a great point.

306
00:14:19,960 --> 00:14:24,040
What we've talked about the value of Bitcoin,

307
00:14:24,040 --> 00:14:25,720
what it is, digital currency.

308
00:14:25,720 --> 00:14:30,360
And we've kind of briefly touched upon the percentages

309
00:14:30,360 --> 00:14:31,960
of the income stream.

310
00:14:31,960 --> 00:14:35,560
And Bobby, and you brought up Nick D and Conor Price,

311
00:14:35,560 --> 00:14:41,120
and for these artists that own their catalog, right?

312
00:14:41,120 --> 00:14:44,040
And maybe the three of us are in a band,

313
00:14:44,040 --> 00:14:49,000
and we have to split the royalties one third.

314
00:14:49,000 --> 00:14:51,880
How would you guys explain that to somebody

315
00:14:51,880 --> 00:14:58,360
in terms of, hey, guys, you can post your songs up in Web3

316
00:14:58,360 --> 00:14:59,040
in the space.

317
00:14:59,040 --> 00:15:01,120
There's a lot of different places where you can do this.

318
00:15:01,120 --> 00:15:04,680
You got LNB, you got Tombstone, you got radio shows,

319
00:15:04,680 --> 00:15:06,560
like Boost Grand Ball and Lightning Thrashes,

320
00:15:06,560 --> 00:15:08,520
and all these great shows around that are playing music.

321
00:15:08,520 --> 00:15:10,800
And you got services like Wave Lake.

322
00:15:10,800 --> 00:15:16,720
And oh, by the way, you can set it up to where all four members

323
00:15:16,720 --> 00:15:18,440
of your band, or all three members of your band,

324
00:15:18,440 --> 00:15:22,440
who never wrote the song, that you can set up the splits

325
00:15:22,440 --> 00:15:23,640
in there automatically.

326
00:15:23,640 --> 00:15:27,600
So as the pieces of Bitcoin come in,

327
00:15:27,600 --> 00:15:32,720
everybody gets paid, whatever you guys agreed to on the splits,

328
00:15:32,720 --> 00:15:34,880
and everybody gets paid at the same time.

329
00:15:34,880 --> 00:15:38,520
Is there a different way to explain that?

330
00:15:38,520 --> 00:15:42,720
Sean, is there a better way of explaining what the back-end

331
00:15:42,720 --> 00:15:45,000
splits are to people?

332
00:15:45,000 --> 00:15:49,840
What if I could replace your PROs in a six-month waiting time

333
00:15:49,840 --> 00:15:52,640
with a few lines of software and a couple of microseconds?

334
00:15:52,640 --> 00:15:58,160
And we know it's not that clean, but I mean, that's where we're headed, right?

335
00:15:58,160 --> 00:16:02,040
And I mean, I realized, maybe there's some--

336
00:16:02,040 --> 00:16:04,760
I have friends at PROs here in Nashville,

337
00:16:04,760 --> 00:16:07,800
and I love them dearly, but these are antiquated.

338
00:16:07,800 --> 00:16:15,240
And our, you know, anachronistic business is that just need to be replaced.

339
00:16:15,240 --> 00:16:20,200
And I think most of the musicians I know have deep pains associated

340
00:16:20,200 --> 00:16:25,280
with those six-month, nine-month pay-out wait times.

341
00:16:25,280 --> 00:16:27,840
And I'm hesitant-- you know, I said what I said,

342
00:16:27,840 --> 00:16:30,160
tongue-in-cheek, because I'm hesitant to promise anything

343
00:16:30,160 --> 00:16:31,960
that sounds too good to be true.

344
00:16:31,960 --> 00:16:34,360
But I think that's effectively what this does,

345
00:16:34,360 --> 00:16:41,960
is to swap out those middlemen for some code and some instant gratification.

346
00:16:41,960 --> 00:16:44,000
And the dumb bass player jumps in and says,

347
00:16:44,000 --> 00:16:45,080
"What's a PRO?"

348
00:16:45,080 --> 00:16:46,440
And then I respond, "Ap.

349
00:16:46,440 --> 00:16:51,120
A PRO is your performing rights organization."

350
00:16:51,120 --> 00:16:54,200
That is Ask Cat, that is BMI, that is CSAC,

351
00:16:54,200 --> 00:16:58,440
that is whomever is that you guys have registered your songs with.

352
00:16:58,440 --> 00:17:01,640
That is, quote unquote, supposed to be double-checking

353
00:17:01,640 --> 00:17:05,720
all of the different opportunities that your music has given you

354
00:17:05,720 --> 00:17:07,360
and therefore paying you accordingly.

355
00:17:07,360 --> 00:17:10,000
But as Michael Frenchon has mentioned,

356
00:17:10,000 --> 00:17:13,800
you have to wait about six months for your mailbox money

357
00:17:13,800 --> 00:17:17,240
and even then hope that they got it right.

358
00:17:17,240 --> 00:17:21,680
So Bobby, what do you-- like how would you explain the back-end splits

359
00:17:21,680 --> 00:17:29,480
and that instantaneous benefit to independent musicians?

360
00:17:29,480 --> 00:17:33,040
Yeah, I mean, when it comes to music or like how a lot of this--

361
00:17:33,040 --> 00:17:35,840
or it comes to like telling educating people about Bitcoin

362
00:17:35,840 --> 00:17:38,640
or how this works, I almost don't even

363
00:17:38,640 --> 00:17:41,720
want to bring up the supply cap and all the typical things we talk about.

364
00:17:41,720 --> 00:17:44,880
I only want to like address specifically how it serves them.

365
00:17:44,880 --> 00:17:50,920
And I think for musicians, you can get immediate withdrawal,

366
00:17:50,920 --> 00:17:55,760
like of just your money, you know, it's CD Baby or whatever tool you're using.

367
00:17:55,760 --> 00:17:58,320
There's caps of like, oh, once you hit $10, $15,

368
00:17:58,320 --> 00:18:01,720
like imagine it just like streaming directly to your mobile phone

369
00:18:01,720 --> 00:18:03,400
and to your wallet any time you need it.

370
00:18:03,400 --> 00:18:07,520
And if you do collaborate and make music with friends,

371
00:18:07,520 --> 00:18:11,920
you can have it split immediately in real time directly to you.

372
00:18:11,920 --> 00:18:16,280
And what I would tell them is, you know, anyone who's a musician now

373
00:18:16,280 --> 00:18:19,200
who hasn't been on TikTok, they're kind of learning,

374
00:18:19,200 --> 00:18:20,760
man, I wish I was an early adopter.

375
00:18:20,760 --> 00:18:24,080
Well, this is a great opportunity to kind of slow down, pump the brakes

376
00:18:24,080 --> 00:18:27,960
and learn what this thing really is because anyone who's an early adopter

377
00:18:27,960 --> 00:18:31,560
to a new technology typically tends to be a very big winner.

378
00:18:31,560 --> 00:18:35,400
And I would encourage people to test it and explore it and try it

379
00:18:35,400 --> 00:18:39,760
and tell that story because you might find that it is the reason

380
00:18:39,760 --> 00:18:42,240
your music even gets discovered.

381
00:18:42,240 --> 00:18:45,760
And that's really important.

382
00:18:45,760 --> 00:18:48,360
And yeah, like I think with a band,

383
00:18:48,360 --> 00:18:49,960
yeah, I think it emphasized that.

384
00:18:49,960 --> 00:18:51,960
Great, great point.

385
00:18:51,960 --> 00:18:55,760
The only other thing too is I think it kind of paints the picture.

386
00:18:55,760 --> 00:18:59,440
I don't know if it was David Bowie or Jim Morrison,

387
00:18:59,440 --> 00:19:02,240
or they were like, you know, one day it'll be a guy on stage

388
00:19:02,240 --> 00:19:05,600
all by himself playing music is like a one man band.

389
00:19:05,600 --> 00:19:06,760
And we're seeing that.

390
00:19:06,760 --> 00:19:10,560
Like if you play in a band with a bunch of members, it's really challenging.

391
00:19:10,560 --> 00:19:13,760
Like one band that's killing it doing right now is Lawrence,

392
00:19:13,760 --> 00:19:16,680
the band Gracie Lawrence and her brother.

393
00:19:16,680 --> 00:19:19,440
And they're just absolutely phenomenal.

394
00:19:19,440 --> 00:19:21,320
They're doing social media the right way.

395
00:19:21,320 --> 00:19:22,320
They're crushing it.

396
00:19:22,320 --> 00:19:25,440
They're like a eight person band, but that's a lot of money being spread out

397
00:19:25,440 --> 00:19:28,720
where modern musicians, you can make beats on your computer,

398
00:19:28,720 --> 00:19:30,680
make music on your computer, sample stuff,

399
00:19:30,680 --> 00:19:33,640
record it all by yourself and take home all the revenue.

400
00:19:33,640 --> 00:19:37,720
So it really depends on how you're approaching music.

401
00:19:37,720 --> 00:19:39,480
I mean, you can be successful in both.

402
00:19:39,480 --> 00:19:43,400
And it's fair to say that a lot of like artists who are going

403
00:19:43,400 --> 00:19:47,200
fully digital in some cases, they're more successful, you know?

404
00:19:47,200 --> 00:19:50,640
But it's a really interesting topic.

405
00:19:50,640 --> 00:19:53,840
It's just, yeah, it could get pretty deep, pretty quick.

406
00:19:53,840 --> 00:19:57,760
Bobby, I always love talking to you about this man because like every time you bring

407
00:19:57,760 --> 00:20:02,320
up like four or five artists that I've never heard of, right?

408
00:20:02,320 --> 00:20:05,080
And I'm like, damn, I gotta check that to you now, right?

409
00:20:05,080 --> 00:20:05,600
Yeah.

410
00:20:05,600 --> 00:20:08,320
Lawrence, the band's pretty cool because they're using,

411
00:20:08,320 --> 00:20:12,600
I just got invited to a beta of something that they're a part of.

412
00:20:12,600 --> 00:20:13,600
That's interesting.

413
00:20:13,600 --> 00:20:17,720
And it's cool because it allows you to directly connect to your audience.

414
00:20:17,720 --> 00:20:21,920
It's called stim, it's called splitter.fm.

415
00:20:21,920 --> 00:20:27,840
So you get to upload all your stims and it lets like listeners engage and like leave notes

416
00:20:27,840 --> 00:20:28,840
and comment.

417
00:20:28,840 --> 00:20:29,840
And it's kind of cool.

418
00:20:29,840 --> 00:20:33,440
It would be even better with value for value integrated, but it's kind of like an attempt

419
00:20:33,440 --> 00:20:37,560
to connect artists and build community around the artists with the listeners.

420
00:20:37,560 --> 00:20:41,960
But yeah, Lawrence, the band is doing a lot of really cool stuff as far as like being indie

421
00:20:41,960 --> 00:20:46,680
and kind of on the bleeding edge of like how music can and should be done in the social

422
00:20:46,680 --> 00:20:47,680
world.

423
00:20:47,680 --> 00:20:48,680
Splitter.fm.

424
00:20:48,680 --> 00:20:51,200
I'm gonna have to check that out.

425
00:20:51,200 --> 00:20:52,200
Yeah.

426
00:20:52,200 --> 00:20:53,200
I'm gonna have to check that out.

427
00:20:53,200 --> 00:20:56,680
Yeah, I think, you know, and another thing that I would bring up to this band that we're

428
00:20:56,680 --> 00:21:02,760
talking to is kind of like what's going on in two weeks up in, oh, thanks.

429
00:21:02,760 --> 00:21:05,040
Probably thanks for the note.

430
00:21:05,040 --> 00:21:10,120
The box up in the chat is this thing that's going on in two weeks up in Minneapolis with

431
00:21:10,120 --> 00:21:19,520
the Bitcoin meetup and the show at first Avenue with Anzac Estolo and just loud the ability

432
00:21:19,520 --> 00:21:30,080
to livestream your show and have people send you Bitcoin to tip you while you're playing.

433
00:21:30,080 --> 00:21:34,240
You know, you can't do that per se in YouTube.

434
00:21:34,240 --> 00:21:42,480
You know, you can kind of hold up a QR code or you can have somebody in your team like

435
00:21:42,480 --> 00:21:48,560
posting a Venmo thing constantly in the YouTube chat.

436
00:21:48,560 --> 00:21:52,240
But I would tell this band that we're sitting there enjoying.

437
00:21:52,240 --> 00:21:57,440
So guys, like next time you're like you're doing a live show, like why not broadcast that live

438
00:21:57,440 --> 00:22:03,120
show over the internet and have people pay you directly in Bitcoin while you're playing.

439
00:22:03,120 --> 00:22:04,120
World wide.

440
00:22:04,120 --> 00:22:05,120
Yeah.

441
00:22:05,120 --> 00:22:08,240
And I mean, one cool thing.

442
00:22:08,240 --> 00:22:09,240
It's called LNURL.

443
00:22:09,240 --> 00:22:14,120
You know, people listening that don't know about this Bitcoin innovation in music.

444
00:22:14,120 --> 00:22:15,400
It's like, oh, God, another term.

445
00:22:15,400 --> 00:22:16,640
What the hell is that?

446
00:22:16,640 --> 00:22:21,480
It basically makes it simple where you can send Bitcoin an email format where it could

447
00:22:21,480 --> 00:22:25,920
be like, yeah, like Bobby at voltage dot cloud or whatever.

448
00:22:25,920 --> 00:22:29,200
And then I can just send you Bitcoin in real time.

449
00:22:29,200 --> 00:22:34,000
And what's really fun is it allows you to people can just send it to you.

450
00:22:34,000 --> 00:22:35,000
Like just nonstop.

451
00:22:35,000 --> 00:22:37,760
You could say send it every minute, send it every few seconds.

452
00:22:37,760 --> 00:22:42,400
Like, if I like something, you perform like your buddy shredded that six solo, I could

453
00:22:42,400 --> 00:22:44,360
just double tap and it'll send more money.

454
00:22:44,360 --> 00:22:46,520
Like it's so powerful.

455
00:22:46,520 --> 00:22:48,400
And you brought up a good point with YouTube.

456
00:22:48,400 --> 00:22:52,720
They give you these like bonuses or whatever, like super chats and it's like $5, $10.

457
00:22:52,720 --> 00:22:54,600
Like that's pretty hefty, man.

458
00:22:54,600 --> 00:22:58,840
Like I make, I make decent money, but that makes me a little sick to my stomach, like sending

459
00:22:58,840 --> 00:22:59,840
someone five bucks.

460
00:22:59,840 --> 00:23:02,920
Like I would rather send them like a quarter or 50 cents.

461
00:23:02,920 --> 00:23:05,880
And when you do that, it's scale across thousands of people.

462
00:23:05,880 --> 00:23:10,280
And it's not going to break the bank form, especially in an economic situation like we're

463
00:23:10,280 --> 00:23:12,080
in now that can really add up.

464
00:23:12,080 --> 00:23:17,000
Like you're on, you're on Noster and I see some folks on Noster every post they're making,

465
00:23:17,000 --> 00:23:21,000
they're making like a dollar to two dollars and Bitcoin and that really adds up if you're

466
00:23:21,000 --> 00:23:23,840
adding value to the community you're a part of.

467
00:23:23,840 --> 00:23:28,680
Yeah, let me chime in and say something here then, Sean, I want to go to you.

468
00:23:28,680 --> 00:23:33,760
But like there's a difference like to all the musicians that are listening to this.

469
00:23:33,760 --> 00:23:40,600
Like, you know, if you're down on Broadway playing cover tunes for the tourists, it doesn't

470
00:23:40,600 --> 00:23:42,000
matter if you're on Broadway.

471
00:23:42,000 --> 00:23:49,620
Or if you're, you know, playing at the spa in Tacoma or if you're playing on the beach

472
00:23:49,620 --> 00:23:57,240
down in Sarah Soto somewhere in that setting where the band is playing cover tunes and people

473
00:23:57,240 --> 00:23:59,240
come up and throw tips in the tip jar.

474
00:23:59,240 --> 00:24:00,680
You know, that's one thing.

475
00:24:00,680 --> 00:24:06,000
But what we're talking about here is being compensated for your original music.

476
00:24:06,000 --> 00:24:14,760
What we're talking about with value for value is when you put something out into the universe,

477
00:24:14,760 --> 00:24:18,640
you should be, you should receive something in turn.

478
00:24:18,640 --> 00:24:21,640
Like it's kind of like a digital tip jar, right?

479
00:24:21,640 --> 00:24:23,080
And we're seeing this work.

480
00:24:23,080 --> 00:24:24,560
We're seeing this happen.

481
00:24:24,560 --> 00:24:28,320
You can go on the wavelength and you can see all of the, all the sats that people are

482
00:24:28,320 --> 00:24:29,320
kidding.

483
00:24:29,320 --> 00:24:35,400
And the, and the money that people are tipping these artists consistently.

484
00:24:35,400 --> 00:24:36,400
And you're right, Bobby.

485
00:24:36,400 --> 00:24:42,800
Like if you break it down for sats like maybe that are given more than 50 cents a buck or,

486
00:24:42,800 --> 00:24:45,200
you know, five bucks a shot.

487
00:24:45,200 --> 00:24:51,720
But the thousands and thousands of sats that keep strolling in, build up.

488
00:24:51,720 --> 00:24:58,280
And that is what creates that, that side income for you.

489
00:24:58,280 --> 00:25:00,280
Sean, what are your thoughts on that?

490
00:25:00,280 --> 00:25:01,280
Yeah.

491
00:25:01,280 --> 00:25:06,400
And here too, and I, you know, I, I always in these conversations try to remember that I

492
00:25:06,400 --> 00:25:09,520
have never endeavored to make a living as a musician.

493
00:25:09,520 --> 00:25:13,560
I often joke that because my father was a professional drummer, I went and got a computer

494
00:25:13,560 --> 00:25:14,560
science degree.

495
00:25:14,560 --> 00:25:16,800
But so I've never lived that life.

496
00:25:16,800 --> 00:25:22,000
I've never, I've never been dependent upon my music as much as it is one of the greatest

497
00:25:22,000 --> 00:25:23,600
joys of my life.

498
00:25:23,600 --> 00:25:28,080
So all that to say, I try to be sensitive to the fact that I remember conversations with

499
00:25:28,080 --> 00:25:31,080
so many of my musician friends here in Nashville and elsewhere.

500
00:25:31,080 --> 00:25:36,840
I'm taking my one friend, Terry, who for the longest time, Bart ended three nights a week for

501
00:25:36,840 --> 00:25:45,200
probably 15 years and, and covered the bills and gave himself the freedom to, to create,

502
00:25:45,200 --> 00:25:47,400
to make music and film the rest of the week.

503
00:25:47,400 --> 00:25:54,400
I raised that to say that I think it's all relative to how urgent that income is for them.

504
00:25:54,400 --> 00:25:58,520
And so if, you know, if they are playing down a broad, and if that pays the bills, if they

505
00:25:58,520 --> 00:26:05,880
are a server of our tender, and that pays the bills, then perhaps that gives them the opportunity

506
00:26:05,880 --> 00:26:08,720
to invest in taking some chances.

507
00:26:08,720 --> 00:26:11,200
And I think to me, this is what this comes down to.

508
00:26:11,200 --> 00:26:18,160
Do they feel an urgency that they've got to use every moment of their time to, you know,

509
00:26:18,160 --> 00:26:22,760
to achieve that sort of middle income musician status that I know a lot of, you know, people

510
00:26:22,760 --> 00:26:28,680
and publications have written about over the last few years, or are they in a comfortable

511
00:26:28,680 --> 00:26:30,800
enough place that they can, they can invest?

512
00:26:30,800 --> 00:26:37,960
And so it's a long way of saying the musicians, the artists, the creators that I see that are

513
00:26:37,960 --> 00:26:44,200
really, I think, to Bobby's previous point, taking advantage of being early, are those who

514
00:26:44,200 --> 00:26:49,200
I get a sense have created, you know, enough stability for themselves to do it.

515
00:26:49,200 --> 00:26:52,640
And so in other words, you know, it's, I don't think it's for us to say, hey, go do

516
00:26:52,640 --> 00:26:57,120
this, go do this digital busking thing if you can't pay the rent.

517
00:26:57,120 --> 00:27:01,280
So I think it's all relative to sort of where they are in their lives and in their careers.

518
00:27:01,280 --> 00:27:05,560
But hopefully, you know, I think the outcome is that more people have got the opportunity

519
00:27:05,560 --> 00:27:13,720
to make these bets and to be early and to establish themselves in a new sort of domain.

520
00:27:13,720 --> 00:27:19,960
Yeah, there's such a lack of artists in the space, and there's a lack of quality music

521
00:27:19,960 --> 00:27:21,920
in the space too.

522
00:27:21,920 --> 00:27:27,520
So all right, so let me, let me play the role of the smart ass, know it all guitar player.

523
00:27:27,520 --> 00:27:35,080
He just melted your face who knows more about being in a band than you guys do and whose brother

524
00:27:35,080 --> 00:27:40,560
is a big NFT Ethereum dogecoin dude, right?

525
00:27:40,560 --> 00:27:46,600
So Bobby, if I were to say, oh, yeah, you know what, like, this is, yeah, I'm not interested,

526
00:27:46,600 --> 00:27:47,600
like what?

527
00:27:47,600 --> 00:27:51,440
I, I, I, I want to see us go into Ethereum and NFTs.

528
00:27:51,440 --> 00:27:52,960
I don't want to do Bitcoin.

529
00:27:52,960 --> 00:27:55,200
I think it's, I think it's a joke.

530
00:27:55,200 --> 00:28:03,920
Why should somebody take Bitcoin over Ethereum and NFTs, Bobby?

531
00:28:03,920 --> 00:28:05,160
Yeah.

532
00:28:05,160 --> 00:28:10,600
Um, so I mean, Bitcoin, there's no CEO.

533
00:28:10,600 --> 00:28:12,520
There's no one throughout to choke.

534
00:28:12,520 --> 00:28:13,840
It is actually decentralized.

535
00:28:13,840 --> 00:28:18,000
I don't need to go into that because there's a million podcast people can go verify that is

536
00:28:18,000 --> 00:28:20,240
objectively true, undebatable.

537
00:28:20,240 --> 00:28:24,400
But I would also tell that person, secure your bag, do both of them.

538
00:28:24,400 --> 00:28:29,880
You know, I have friends who sell NFTs and they're making thousands monthly selling them,

539
00:28:29,880 --> 00:28:33,080
like music ones, like there's, there's huge communities for it.

540
00:28:33,080 --> 00:28:37,000
Secure the bag in both areas, like I'm a Bitcoin or through and through, but I mean, if you're

541
00:28:37,000 --> 00:28:41,000
trying to make money, like do you, you know, I'll tell you, I would help them how to do it

542
00:28:41,000 --> 00:28:42,000
if they wanted to.

543
00:28:42,000 --> 00:28:45,000
I'd be like, but Bitcoin's better if you were going to go get some Ethereum, like turn it

544
00:28:45,000 --> 00:28:50,200
in a Bitcoin, but I know, I know people who are making tons of money in it.

545
00:28:50,200 --> 00:28:51,880
And Ethereum music stuff.

546
00:28:51,880 --> 00:28:54,040
So it's like, you know, I wouldn't try to stop them.

547
00:28:54,040 --> 00:28:55,640
I would say, yeah, go get your money.

548
00:28:55,640 --> 00:28:56,640
Like you need to do it.

549
00:28:56,640 --> 00:28:57,720
You're a starving artist, right?

550
00:28:57,720 --> 00:29:04,160
But I would say I would really try to build your brand and point all of your, all of your

551
00:29:04,160 --> 00:29:12,040
listeners to the Bitcoin solution because feasibly it's going to be more interoperable long

552
00:29:12,040 --> 00:29:13,640
term.

553
00:29:13,640 --> 00:29:18,000
And if we want to go study history, you know, last cycle Ethereum was the big winner.

554
00:29:18,000 --> 00:29:19,400
This cycle, it's Salana.

555
00:29:19,400 --> 00:29:24,720
Like if these things keep changing every three to four years based on, you know, this new

556
00:29:24,720 --> 00:29:29,080
faster chain with less security is easier to use, you know, you don't want to build your

557
00:29:29,080 --> 00:29:30,680
house on sand.

558
00:29:30,680 --> 00:29:32,200
You want to build your house on rock.

559
00:29:32,200 --> 00:29:37,080
So go secure your bag with Ethereum, but you had better focus and build your brand around

560
00:29:37,080 --> 00:29:41,320
Bitcoin and the interoperability of the Lightning network with the rest of the web.

561
00:29:41,320 --> 00:29:44,360
And then I would hope that would spark their interest and we could really dive deeper

562
00:29:44,360 --> 00:29:46,040
into like why Bitcoin?

563
00:29:46,040 --> 00:29:52,920
Sean, why should I come over to Bitcoin when I think that Ethereum, NFTs are the right

564
00:29:52,920 --> 00:29:53,920
choices?

565
00:29:53,920 --> 00:30:00,000
Yeah, I mean, I think I would probably approach it from the standpoint that hey, if you're

566
00:30:00,000 --> 00:30:09,560
comfortable with that fantastic promoter who serves you well until he runs off of half

567
00:30:09,560 --> 00:30:15,360
of your income, if you're great with that major record label deal until they disclose

568
00:30:15,360 --> 00:30:20,480
to you that you signed everything away in a 360 deal and they get, you know, they get

569
00:30:20,480 --> 00:30:21,480
theirs first.

570
00:30:21,480 --> 00:30:28,440
I mean, the point being, if you're willing to trust parties like that and you don't feel

571
00:30:28,440 --> 00:30:33,120
like you need better protection or better options, then go for it, right?

572
00:30:33,120 --> 00:30:41,560
If instead you would prefer to be in a situation where you cannot be rubbed, you cannot be

573
00:30:41,560 --> 00:30:47,760
un-carnified, you can't have Hollywood accounting applied.

574
00:30:47,760 --> 00:30:53,840
Oh, after the fact that I think Bitcoin, you know, is that approach and it's that solution.

575
00:30:53,840 --> 00:30:56,560
But I think when you, you know, to your point about the persona, if you're dealing with someone

576
00:30:56,560 --> 00:31:00,600
who's got it all figured out, Bobby's probably got the right approach, which is you go do

577
00:31:00,600 --> 00:31:02,520
you.

578
00:31:02,520 --> 00:31:06,360
But, you know, ultimately it's meet the new boss saying is the old boss, right?

579
00:31:06,360 --> 00:31:07,920
Somebody's running a scam on you.

580
00:31:07,920 --> 00:31:14,080
This time is called an NFT and if you think they aren't looking for an opportunity to take

581
00:31:14,080 --> 00:31:16,880
advantage of you, then you've learned nothing.

582
00:31:16,880 --> 00:31:17,880
Yeah.

583
00:31:17,880 --> 00:31:18,880
Spot on.

584
00:31:18,880 --> 00:31:20,040
I like the way he articulated that.

585
00:31:20,040 --> 00:31:21,040
That was good.

586
00:31:21,040 --> 00:31:27,820
Nice little, a, a, a, Daltry/Towns and reference for those for those youngsters who don't

587
00:31:27,820 --> 00:31:31,320
know the lyrics of the who shame on you.

588
00:31:31,320 --> 00:31:33,320
Homework, homework.

589
00:31:33,320 --> 00:31:34,320
Yeah.

590
00:31:34,320 --> 00:31:42,160
So I was kind of thinking like, and this is more of like a fun, fun question.

591
00:31:42,160 --> 00:31:49,720
Like if you think about the classic artists, the classic musicians, the who stones, Johnny

592
00:31:49,720 --> 00:31:58,440
Cash, Merle Hagger, like who do you think would have been, would have jumped all over this had

593
00:31:58,440 --> 00:32:02,040
that, if they had the chance back in the day, right?

594
00:32:02,040 --> 00:32:07,880
Like if you think about the, those legacy artists, like to me, Prince stands out, like Prince

595
00:32:07,880 --> 00:32:11,120
would have been all over this market.

596
00:32:11,120 --> 00:32:16,040
Prince would have, would have been all, but I, I'm wondering like, how would have, would

597
00:32:16,040 --> 00:32:20,400
have, would have Johnny, would Johnny Cash have gotten into this or Chris Christofferson or,

598
00:32:20,400 --> 00:32:25,360
and I say that kind of jokingly, but I also say it like because the, the, the major labels,

599
00:32:25,360 --> 00:32:29,200
the, the legacy labels that, they're going to figure this out sooner or later.

600
00:32:29,200 --> 00:32:33,080
And somebody who has their own catalog and is still signed to a major label, they're going

601
00:32:33,080 --> 00:32:35,080
to start dumping their music in here.

602
00:32:35,080 --> 00:32:45,080
But like who, as far as like major players, either active or long gone, who do you guys think

603
00:32:45,080 --> 00:32:49,640
what would have been all over this if they had the opportunity to?

604
00:32:49,640 --> 00:32:51,280
I'll jump in, man.

605
00:32:51,280 --> 00:32:56,600
I would love to think and I'm certain I have seen a meme somewhere of Johnny Cash, which is

606
00:32:56,600 --> 00:33:01,120
middle finger up and, and somebody, you know, put a Bitcoin symbol on it, but like, as, as

607
00:33:01,120 --> 00:33:05,840
someone said, and I wish I could attribute it because I've forgotten that Bitcoin is punk.

608
00:33:05,840 --> 00:33:11,760
And, you know, maybe, maybe Prince after the artist formerly, you know, known as, maybe

609
00:33:11,760 --> 00:33:18,160
when he contractually threw his middle finger up to the label.

610
00:33:18,160 --> 00:33:24,440
You know, it's, it seems to me anyone who's been sufficiently burned at the level and

611
00:33:24,440 --> 00:33:32,000
that the just, just overall massive, massive wealth and success they had, but would just love

612
00:33:32,000 --> 00:33:36,440
the uncompascatable nature of Bitcoin.

613
00:33:36,440 --> 00:33:39,760
Bowie would have been all over this.

614
00:33:39,760 --> 00:33:42,720
I think he was extremely early on the internet.

615
00:33:42,720 --> 00:33:44,800
So I would, I would love to think that he would.

616
00:33:44,800 --> 00:33:46,440
That's a great call out.

617
00:33:46,440 --> 00:33:53,480
But Bowie, Iggy Pop, Henry Rawlings and Black Flag, I totally agree with you, Sean.

618
00:33:53,480 --> 00:33:56,920
That's punk, right?

619
00:33:56,920 --> 00:34:03,960
Sex pistols, the clash, revolting cocks, dead Kennedys.

620
00:34:03,960 --> 00:34:06,400
You just, you just laid out my playlist for this weekend.

621
00:34:06,400 --> 00:34:07,400
Thank you.

622
00:34:07,400 --> 00:34:10,960
But, but all surfers, they would have been all over it, right?

623
00:34:10,960 --> 00:34:15,520
Shaw, Bobby, who, who do you think like from a legacy standpoint, what would have been

624
00:34:15,520 --> 00:34:18,360
all over this?

625
00:34:18,360 --> 00:34:20,320
I think Rage of the machine might have liked it.

626
00:34:20,320 --> 00:34:22,120
Obviously they're a little newer.

627
00:34:22,120 --> 00:34:24,320
Um, good one.

628
00:34:24,320 --> 00:34:30,200
And also, um, I feel like Queen or Elton John maybe, I feel like there were, there were

629
00:34:30,200 --> 00:34:34,320
obviously a few other artists that were like, wildly taken advantage of by people in their

630
00:34:34,320 --> 00:34:35,320
circle.

631
00:34:35,320 --> 00:34:39,880
And to just be able to like do your art and not even have to deal with lawyers or people

632
00:34:39,880 --> 00:34:43,600
or bankers or managers and money and it just shows up and you're like, I don't even want

633
00:34:43,600 --> 00:34:46,880
to look at it until I need to purchase food or a house.

634
00:34:46,880 --> 00:34:51,640
Like, I just, I imagine anyone that just had like a tough go in their career and a lot

635
00:34:51,640 --> 00:34:56,080
of drama with people around them would have like truly loved it.

636
00:34:56,080 --> 00:35:00,320
I think the statement you just uttered, Bobby is the elevator pitch who is a successful

637
00:35:00,320 --> 00:35:01,320
artist.

638
00:35:01,320 --> 00:35:02,320
Yeah.

639
00:35:02,320 --> 00:35:03,320
Yeah.

640
00:35:03,320 --> 00:35:04,320
Yeah.

641
00:35:04,320 --> 00:35:09,520
You know, I, I, I think about, uh, my God, why don't I always forget the title, the, the

642
00:35:09,520 --> 00:35:12,080
proper title, life's been good to me so far.

643
00:35:12,080 --> 00:35:13,920
Um, is that the title?

644
00:35:13,920 --> 00:35:16,320
Yeah, Walsh, but I always forget the actual, is that the title?

645
00:35:16,320 --> 00:35:18,240
But you know, like that story, right?

646
00:35:18,240 --> 00:35:23,360
Uh, anyone who's lived and felt that story to Bobby's point, I think it would immediately

647
00:35:23,360 --> 00:35:24,360
connect.

648
00:35:24,360 --> 00:35:28,560
So I think that's a, that, that to me, you just nailed the way to get through to, uh, to

649
00:35:28,560 --> 00:35:30,960
an established artist, a successful artist.

650
00:35:30,960 --> 00:35:37,000
I, I am, yeah, I'm, I'm so thankful for you guys for joining me on this because it's

651
00:35:37,000 --> 00:35:42,560
given me a lot of, uh, things to think about as I work on my pitch, trying to bring

652
00:35:42,560 --> 00:35:48,200
artists into this and you guys are so much, yeah, you guys have had to do the sales pitch.

653
00:35:48,200 --> 00:35:54,720
Not for musicians, but just people calling, amboss and people calling, uh, voltage, you

654
00:35:54,720 --> 00:36:00,120
know, you guys have to go Bitcoin 101 just probably every day in, in what your roles are.

655
00:36:00,120 --> 00:36:04,520
So I really appreciate you guys taking the time to have this conversation.

656
00:36:04,520 --> 00:36:05,680
I am, pleasure.

657
00:36:05,680 --> 00:36:08,360
I, I, I am so excited about this opportunity.

658
00:36:08,360 --> 00:36:14,920
Like for the first time in 30 years, I, I'm excited about the music industry again.

659
00:36:14,920 --> 00:36:21,760
You know, I mean, I was a singer, songwriter in LA from, from 95 to 03, you know, just

660
00:36:21,760 --> 00:36:28,600
banging away at trying to get on radio and trying to get gigs and I got lucky, man, I got,

661
00:36:28,600 --> 00:36:34,640
you know, I, I was able to do more than most, but I genuinely believe, I, I believe this

662
00:36:34,640 --> 00:36:42,120
with my whole heart and you, you guys, let me know if I'm wrong or if, if I'm off base.

663
00:36:42,120 --> 00:36:48,440
I think there has never been a better time to be an independent musician.

664
00:36:48,440 --> 00:36:50,440
Oh, hands down.

665
00:36:50,440 --> 00:36:51,440
Yeah.

666
00:36:51,440 --> 00:36:56,400
I mean, just seeing the stories of these young kids who like, they own their whole stack

667
00:36:56,400 --> 00:37:02,280
of music, they're literally turning down labels left and right, offering them boo-coo money.

668
00:37:02,280 --> 00:37:05,400
And they're making, you know, millions of quarter.

669
00:37:05,400 --> 00:37:06,640
Like it's, it's phenomenal.

670
00:37:06,640 --> 00:37:08,480
Like you, you go on tour when you want.

671
00:37:08,480 --> 00:37:14,520
You control all of your, your portfolio of music and it's just everyone's going to copy

672
00:37:14,520 --> 00:37:15,520
it.

673
00:37:15,520 --> 00:37:16,720
It's like the only rational thing to do.

674
00:37:16,720 --> 00:37:18,200
And it's great because you have the internet.

675
00:37:18,200 --> 00:37:20,480
Like you can learn to mix and master on YouTube.

676
00:37:20,480 --> 00:37:21,960
You can learn to make beats easily.

677
00:37:21,960 --> 00:37:24,560
You can carry an instrument in your pocket.

678
00:37:24,560 --> 00:37:25,600
Like it's nuts.

679
00:37:25,600 --> 00:37:28,000
Like it's, it's such a good time for artists.

680
00:37:28,000 --> 00:37:29,000
Yeah.

681
00:37:29,000 --> 00:37:30,000
Sean.

682
00:37:30,000 --> 00:37:34,600
I think I know Bobby, sorry, I was going to say Bobby as a, as a marketer will appreciate

683
00:37:34,600 --> 00:37:36,800
this deeply.

684
00:37:36,800 --> 00:37:40,000
But he just laid out and he's much closer to this certainly than I am.

685
00:37:40,000 --> 00:37:44,000
And as you say, and it's been great to hear Bobby lay out some of these stories and these

686
00:37:44,000 --> 00:37:46,280
artists is, I think that's what we need.

687
00:37:46,280 --> 00:37:47,800
We need case studies, right?

688
00:37:47,800 --> 00:37:51,520
And sort of classic product marketing terminology.

689
00:37:51,520 --> 00:37:58,920
We need, we need the case studies that tell the stories of these successful independent

690
00:37:58,920 --> 00:37:59,920
artists.

691
00:37:59,920 --> 00:38:05,000
And hopefully, I don't know, I don't know, Bobby, if many of these are already, you know,

692
00:38:05,000 --> 00:38:07,840
embracing value, Bitcoin, Noster, whatever.

693
00:38:07,840 --> 00:38:12,200
But if there's a small, even a small subset, if we can find one or two who've reached that

694
00:38:12,200 --> 00:38:16,760
level of success, I think that's, that's incredibly powerful.

695
00:38:16,760 --> 00:38:22,680
And it invites people into a conversation where, you know, they're already seeing the, the

696
00:38:22,680 --> 00:38:27,160
golden ring that they're reaching for.

697
00:38:27,160 --> 00:38:29,880
And then the conversation sort of flows from there.

698
00:38:29,880 --> 00:38:30,880
Yeah.

699
00:38:30,880 --> 00:38:31,880
It's amazing.

700
00:38:31,880 --> 00:38:34,680
I mean, Conor Price, Nick D. Lawrence the band.

701
00:38:34,680 --> 00:38:40,560
There's a boatload of rappers, you know, that are doing it in the NFT and Ethereum space.

702
00:38:40,560 --> 00:38:45,040
Sean, that young lady that we met a couple weeks ago, you read my mind.

703
00:38:45,040 --> 00:38:46,360
I was thinking about her.

704
00:38:46,360 --> 00:38:48,360
Yeah, but I let up.

705
00:38:48,360 --> 00:38:49,360
Is that her name?

706
00:38:49,360 --> 00:38:50,360
I believe so.

707
00:38:50,360 --> 00:38:51,360
Yeah.

708
00:38:51,360 --> 00:38:52,360
I've been trying to get her on.

709
00:38:52,360 --> 00:38:53,360
I've been trying to get her on the show.

710
00:38:53,360 --> 00:38:57,200
I mean, she's doing, well, she's got a Miami right now doing like the, the bozzle, our

711
00:38:57,200 --> 00:38:58,200
thing.

712
00:38:58,200 --> 00:39:00,000
She had a command.

713
00:39:00,000 --> 00:39:04,640
And I think, you know, not, not too big of a signature, but I think the reason I thought

714
00:39:04,640 --> 00:39:11,040
of her and, and then, you know, she's doing most of it on Ethereum within a tease.

715
00:39:11,040 --> 00:39:12,040
We might like that to be otherwise.

716
00:39:12,040 --> 00:39:18,920
But as Bobby said, you know, go, go do what you got to do is she had to me such a command

717
00:39:18,920 --> 00:39:22,600
of her work in her career and what she is doing.

718
00:39:22,600 --> 00:39:26,760
There was, there was no question, no question to me in her mind as to what she's going to

719
00:39:26,760 --> 00:39:28,480
do next.

720
00:39:28,480 --> 00:39:33,640
And that, that to me is incredibly inspiring as opposed to, and I get it.

721
00:39:33,640 --> 00:39:38,040
And this is not me, you know, trying to take anybody down, but these conversations with artists

722
00:39:38,040 --> 00:39:40,720
where it is, I'm waiting for X to do Y.

723
00:39:40,720 --> 00:39:42,560
I'm waiting for a manager to do this.

724
00:39:42,560 --> 00:39:45,880
I'm waiting for this call, I'm waiting for this introduction.

725
00:39:45,880 --> 00:39:48,120
This young woman was waiting on no one.

726
00:39:48,120 --> 00:39:49,120
Yeah.

727
00:39:49,120 --> 00:39:51,120
And I think that's extremely powerful.

728
00:39:51,120 --> 00:39:52,120
Yeah.

729
00:39:52,120 --> 00:39:55,880
I mean, this is, this is no different than any other industry.

730
00:39:55,880 --> 00:39:57,800
You know, you got to get out there and take it.

731
00:39:57,800 --> 00:40:05,680
And I think that artists, we all love the fact that we're creating art and it's, and the

732
00:40:05,680 --> 00:40:11,000
art is, is the goal of the artist to bring people together and the goal of the, of the

733
00:40:11,000 --> 00:40:19,240
artist to create bridges and to, and hopefully with more art comes more world peace, right?

734
00:40:19,240 --> 00:40:24,760
I mean, I just, you know, that is, that is the full on hippie in me coming out.

735
00:40:24,760 --> 00:40:30,320
And that's one of the reasons why I love music and being an artist and what music does and

736
00:40:30,320 --> 00:40:32,920
the cultural bridges that it brings people together.

737
00:40:32,920 --> 00:40:41,040
But what I see so many artists forgetting is that the unfortunate, ugly truth is that

738
00:40:41,040 --> 00:40:45,080
this is dog eat dog competition.

739
00:40:45,080 --> 00:40:52,040
You know, I mean, you have to treat this like, like it's any other business just because

740
00:40:52,040 --> 00:40:58,400
you're, you're singing about love and, and, and heartbreak and everything else doesn't

741
00:40:58,400 --> 00:41:04,000
mean this is not a business and, and value for value, Bitcoin, putting your music out in

742
00:41:04,000 --> 00:41:13,800
this space gets you a leg up in an, in arguably the most difficult business to get into

743
00:41:13,800 --> 00:41:17,600
period, you know, but I think too, too many artists forget that.

744
00:41:17,600 --> 00:41:20,320
They're like, it's all about the love and the peace in the community.

745
00:41:20,320 --> 00:41:21,320
Yeah.

746
00:41:21,320 --> 00:41:26,000
But, you know, you got to get out there and kick some ass business life.

747
00:41:26,000 --> 00:41:33,520
100% and I think, you know, from, from the sales of marketing standpoint, again, perhaps

748
00:41:33,520 --> 00:41:37,280
too often my brain works in funnels and at the top of the funnel, I would argue that it's

749
00:41:37,280 --> 00:41:39,720
never been easier to get into the music industry.

750
00:41:39,720 --> 00:41:40,720
Oh, yeah.

751
00:41:40,720 --> 00:41:45,600
And it is incredibly challenging to make it to them, let's say the middle of the funnel,

752
00:41:45,600 --> 00:41:46,600
right?

753
00:41:46,600 --> 00:41:49,960
To make it to a point where you're, you're sustainable.

754
00:41:49,960 --> 00:41:58,560
And I, I keep coming back throughout our conversation to what would be possible in speaking to an

755
00:41:58,560 --> 00:42:02,920
artist, what would be possible if you're money?

756
00:42:02,920 --> 00:42:03,920
Can believe this out.

757
00:42:03,920 --> 00:42:06,080
We're, we're unfilial with, right?

758
00:42:06,080 --> 00:42:11,880
You know, what if all the people, all the stories that you've heard and all the things that

759
00:42:11,880 --> 00:42:14,440
can and do go wrong?

760
00:42:14,440 --> 00:42:18,120
What if you could rest well at night knowing your money was secure?

761
00:42:18,120 --> 00:42:22,480
And I think, you know, there's a lot that unfold whether it's the basement that is Bobby very

762
00:42:22,480 --> 00:42:30,760
eloquently laid out at the beginning, purchasing power, but not to say that, you know, Bitcoin

763
00:42:30,760 --> 00:42:35,880
by definition protects from, from schemers and crooks, but I think there's a powerful message

764
00:42:35,880 --> 00:42:40,920
to say, you know, picking up on what you just laid out, you can do more.

765
00:42:40,920 --> 00:42:46,320
You can put more energy and time and focus into your art, you know, when your money is,

766
00:42:46,320 --> 00:42:50,480
secure and safe and not being debased.

767
00:42:50,480 --> 00:42:54,080
Yeah, somebody's going to break through from this base.

768
00:42:54,080 --> 00:42:55,680
All right, Bobby, final thoughts.

769
00:42:55,680 --> 00:42:57,320
Let me go.

770
00:42:57,320 --> 00:43:04,360
Have we, have we convinced this, this amazing band we just saw here in Nashville?

771
00:43:04,360 --> 00:43:07,640
Have we, is there anything else you, you feel compelled?

772
00:43:07,640 --> 00:43:12,520
Do you have to tell them to, to bring them into the wonderful world of Bitcoin?

773
00:43:12,520 --> 00:43:21,040
Yeah, I would say, I really hope we left this band or person with more questions than answers

774
00:43:21,040 --> 00:43:27,320
because this is very early and they need to be asking questions and learning more and

775
00:43:27,320 --> 00:43:32,680
influencing how this thing is going to develop because it's open source software and for folks

776
00:43:32,680 --> 00:43:34,560
not aware of what that means.

777
00:43:34,560 --> 00:43:39,080
It's the, though, you know, they say the world is oyster or whatever, like this technology

778
00:43:39,080 --> 00:43:40,080
is so early.

779
00:43:40,080 --> 00:43:44,960
Like anyone who has a little bit of an audience or any kind of pool, they have a massive opportunity

780
00:43:44,960 --> 00:43:48,520
to influence how it operates in the outcome of it.

781
00:43:48,520 --> 00:43:52,760
And that's important, you know, it, you might not be necessarily motivated to like earn money

782
00:43:52,760 --> 00:43:57,280
directly, but you're going to transform the fabric of how any and every artist potentially

783
00:43:57,280 --> 00:44:00,120
earns money over the future of the internet.

784
00:44:00,120 --> 00:44:04,400
And if that aligns with your heart and your mission as a creative, you should definitely

785
00:44:04,400 --> 00:44:09,000
ask more questions and just get involved with the groups of people innovating this and

786
00:44:09,000 --> 00:44:11,000
hopefully that inspires them.

787
00:44:11,000 --> 00:44:12,000
It's gone.

788
00:44:12,000 --> 00:44:14,000
Final thoughts.

789
00:44:14,000 --> 00:44:15,000
Anything we missed.

790
00:44:15,000 --> 00:44:19,800
What you're, you're parting word to the band is they're loading up their guitars in that

791
00:44:19,800 --> 00:44:25,400
beat up Dodge van before they head down to Little Rock for a gig.

792
00:44:25,400 --> 00:44:26,400
Listen to what Bobby said.

793
00:44:26,400 --> 00:44:32,960
I mean, that's, that's hard to follow, but I mean, sincerely, I think it's, it's, it's

794
00:44:32,960 --> 00:44:39,600
both tactically to the shrewd and also genuinely, I think spot on to appeal not only to their

795
00:44:39,600 --> 00:44:45,720
near-term game, but to what they are participating in and growing and building as, as one in a community

796
00:44:45,720 --> 00:44:46,720
of artists.

797
00:44:46,720 --> 00:44:53,080
And I think it's, it's an excellent point to call out that we are early, you know, but so

798
00:44:53,080 --> 00:44:57,800
were those who were extraordinary early to streaming.

799
00:44:57,800 --> 00:45:00,440
And they had outsized gains from that as well.

800
00:45:00,440 --> 00:45:08,120
But I think the difference here is that it is being built in a way that ultimately the artist

801
00:45:08,120 --> 00:45:09,200
has control.

802
00:45:09,200 --> 00:45:13,040
And that's been promised in them many times, but I think this time we have got a way to

803
00:45:13,040 --> 00:45:15,440
demonstrate that it is so.

804
00:45:15,440 --> 00:45:16,440
Awesome.

805
00:45:16,440 --> 00:45:20,080
All right, fellas.

806
00:45:20,080 --> 00:45:25,320
Bobby, tell everybody what, I should have done this at the beginning and I apologize, but

807
00:45:25,320 --> 00:45:27,240
we'll do it here at the end.

808
00:45:27,240 --> 00:45:37,520
We tell everybody what voltage is and where they can find you and employ voltage and give

809
00:45:37,520 --> 00:45:41,440
us the 30 second voltage elevator pitch.

810
00:45:41,440 --> 00:45:47,920
Yeah, voltage is a all in one Bitcoin development platform where devs, engineers, anyone can

811
00:45:47,920 --> 00:45:53,800
come and get access to everything in the Bitcoin to build, integrate it into your product,

812
00:45:53,800 --> 00:45:55,600
analytics, liquidity, just all of that.

813
00:45:55,600 --> 00:46:02,080
So if you want to create a solution like this, where you want to go and we love amboss,

814
00:46:02,080 --> 00:46:03,080
we're very close with them.

815
00:46:03,080 --> 00:46:06,080
They have probably one of the best products that lightning needs right now.

816
00:46:06,080 --> 00:46:07,240
So speak highly of them.

817
00:46:07,240 --> 00:46:08,640
And you want to connect with me.

818
00:46:08,640 --> 00:46:14,800
I'm on Twitter X at at I Bobby shell, like the iPhone at I Bobby shell.

819
00:46:14,800 --> 00:46:16,840
And I'm always on LinkedIn talking about Bitcoin.

820
00:46:16,840 --> 00:46:18,280
So feel free to say, hey, there.

821
00:46:18,280 --> 00:46:20,320
Yeah, you've got some great content, man.

822
00:46:20,320 --> 00:46:21,920
I love your coins.

823
00:46:21,920 --> 00:46:25,560
So all right, Sean, you got, you got 30 seconds.

824
00:46:25,560 --> 00:46:28,760
What's the, what's the amboss elevator pitch?

825
00:46:28,760 --> 00:46:30,120
What do you guys do?

826
00:46:30,120 --> 00:46:31,600
Yeah, so thank you, Bobby, for that.

827
00:46:31,600 --> 00:46:39,600
And so as Bobby noted for for voltage with a focus on builders, amboss, likewise serves

828
00:46:39,600 --> 00:46:41,720
what we tend to call node runners.

829
00:46:41,720 --> 00:46:48,200
And so in short, we aren't necessarily something that's out there to serve, you know, the typical

830
00:46:48,200 --> 00:46:49,200
consumer.

831
00:46:49,200 --> 00:46:54,600
But if you are endeavoring to build out lightning infrastructure, hopefully with our friends

832
00:46:54,600 --> 00:47:03,200
at voltage, then we provide a number of tools, analytics, data, and services to help you

833
00:47:03,200 --> 00:47:08,120
do so in a more cost efficient, smarter way.

834
00:47:08,120 --> 00:47:13,000
So we are the leading data analytics company for the lightning network and have a whole host

835
00:47:13,000 --> 00:47:15,040
of other products that are coming down the pipe next year.

836
00:47:15,040 --> 00:47:24,560
You can find me primarily on Nostrad using either primal.net/sjhawn or just my, uh,

837
00:47:24,560 --> 00:47:27,400
Nostrad, which is Sean at Sean Yeager.com.

838
00:47:27,400 --> 00:47:28,400
Awesome.

839
00:47:28,400 --> 00:47:34,240
Yeah, I would, you know, to all of the musicians who hopefully hear this show, I would highly

840
00:47:34,240 --> 00:47:42,520
encourage you guys to follow Bobby show on Twitter and LinkedIn and anywhere else and follow Sean

841
00:47:42,520 --> 00:47:49,520
Yeager on Nostrad because both of these guys are spitten bars about technology and Bitcoin

842
00:47:49,520 --> 00:47:55,040
and you're gonna, when you first start out, it's gonna be way over your head.

843
00:47:55,040 --> 00:48:00,760
But don't worry, just hang in there because these guys are both spitten bars and just leaving

844
00:48:00,760 --> 00:48:03,120
pearls every day online.

845
00:48:03,120 --> 00:48:07,560
And I have learned a lot from these guys and Bobby, thank you once again for having me on

846
00:48:07,560 --> 00:48:14,280
your podcast a couple of weeks ago, you know, talking about, um, value for value and musicians

847
00:48:14,280 --> 00:48:16,800
and all that kind of stuff.

848
00:48:16,800 --> 00:48:19,920
And, fellas, hope you have a great weekend.

849
00:48:19,920 --> 00:48:23,880
Sean, you sounded fantastic, man, I know you're fighting a cold, but you sounded like a million

850
00:48:23,880 --> 00:48:24,880
bucks.

851
00:48:24,880 --> 00:48:28,880
Thank you to what do we have here, my cold and flume hats.

852
00:48:28,880 --> 00:48:29,880
Thank you.

853
00:48:29,880 --> 00:48:30,880
Appreciate it.

854
00:48:30,880 --> 00:48:31,880
It was a real pleasure, guys.

855
00:48:31,880 --> 00:48:32,880
Have a great weekend.

856
00:48:32,880 --> 00:48:33,880
All right.

857
00:48:33,880 --> 00:48:34,880
Thanks, Bobby.

858
00:48:34,880 --> 00:48:35,880
We'll see you guys later.

859
00:48:35,880 --> 00:48:36,880
Talk to you soon.

860
00:48:36,880 --> 00:48:37,880
Cheers.

861
00:48:37,880 --> 00:48:38,880
Bye, oh.

862
00:48:38,880 --> 00:48:39,880
So there you have it.

863
00:48:39,880 --> 00:48:45,120
My thanks to Bobby Show and Sean Yeager for joining me in that fun conversation about

864
00:48:45,120 --> 00:48:53,360
bringing unsigned artists into the Bitcoin space and taking full advantage of value for value.

865
00:48:53,360 --> 00:48:57,720
For all of you unsigned artists, independent artists out there, here's another cool thing

866
00:48:57,720 --> 00:48:59,880
about value for value.

867
00:48:59,880 --> 00:49:07,120
On the back end of this podcast, thanks to guys like Adam Curry and Dave Jones and Stephen

868
00:49:07,120 --> 00:49:11,920
B and all of the developers in the podcasting 2.0 index world.

869
00:49:11,920 --> 00:49:19,080
Here is something called wallet switching technology, which means that if a song is played

870
00:49:19,080 --> 00:49:27,080
on this show, I can switch the wallet to have all of the sats for that song go directly

871
00:49:27,080 --> 00:49:32,320
to the artist while the song is playing in the same way that if I wanted to, I could cut

872
00:49:32,320 --> 00:49:38,080
up every section of the show and when Sean is talking, all the sats go to Sean or when

873
00:49:38,080 --> 00:49:41,160
Bobby is talking, all of the sats go to Bobby.

874
00:49:41,160 --> 00:49:46,280
It's one of the really cool things that you can do with the wallet switching technology

875
00:49:46,280 --> 00:49:53,520
that is a part of podcasting 2.0 and there are specific apps that you have to use like

876
00:49:53,520 --> 00:49:59,080
fountain and pod fans and podverse and curiocaster, things like that.

877
00:49:59,080 --> 00:50:03,680
That is inherent for you to understand with respect to how important and how groundbreaking

878
00:50:03,680 --> 00:50:06,440
this technology is.

879
00:50:06,440 --> 00:50:13,000
One of the guests on today's show has decided to donate the sats that he earned by coming

880
00:50:13,000 --> 00:50:19,840
on the show to Zap.Stream, specifically an individual named Kieran who has been instrumental

881
00:50:19,840 --> 00:50:24,640
with bringing live music to the Noster world.

882
00:50:24,640 --> 00:50:28,840
The Noster is another social media platform that we're going to have a different show

883
00:50:28,840 --> 00:50:30,960
on and we'll talk about that later.

884
00:50:30,960 --> 00:50:35,280
But one of the things that you can do is you can donate your sats to other people.

885
00:50:35,280 --> 00:50:36,280
Why?

886
00:50:36,280 --> 00:50:38,600
Because they're putting their life into the universe.

887
00:50:38,600 --> 00:50:42,960
They're putting their work out there for everybody for the betterment of the Bitcoin community

888
00:50:42,960 --> 00:50:46,880
just like you guys are putting your art out in the world for the betterment of the world

889
00:50:46,880 --> 00:50:47,880
right?

890
00:50:47,880 --> 00:50:49,120
And you should be compensated for that.

891
00:50:49,120 --> 00:50:51,480
So you can also donate your sats.

892
00:50:51,480 --> 00:50:56,480
You can also say, hey man, you know when my song is playing, I want it to go to have a

893
00:50:56,480 --> 00:51:01,840
tattoo for humanity of Atlanta or hey man when my song is playing, I want it to go to

894
00:51:01,840 --> 00:51:07,560
this, you know, indigenous group down in South America who's making quilts and pulling themselves

895
00:51:07,560 --> 00:51:08,560
out of poverty.

896
00:51:08,560 --> 00:51:14,240
That's some of the cool stuff that you can do with value for value, with the wallet splitting

897
00:51:14,240 --> 00:51:19,360
technology that is enabled in the podcasting 2.0 world.

898
00:51:19,360 --> 00:51:23,520
So I hope you will take the time to dive into that and to understand it.

899
00:51:23,520 --> 00:51:29,400
Look up at them, Curry, look up Dave Jones, look up Steven Bees, Emporium of podcast tools,

900
00:51:29,400 --> 00:51:30,880
start diving around in Noster.

901
00:51:30,880 --> 00:51:38,500
There's a lot of amazing tools that are going to transform your ability as a small business

902
00:51:38,500 --> 00:51:42,440
owner which is what you are being an independent musician.

903
00:51:42,440 --> 00:51:46,280
These tools are going to transform your ability to succeed.

904
00:51:46,280 --> 00:51:50,400
And as Bobby said, secure your bag man, go for it.

905
00:51:50,400 --> 00:51:51,400
Go for it.

906
00:51:51,400 --> 00:51:59,360
So a lot of cool stuff coming up in the Bitcoin 2.0 podcasting index, Noster, RSS world.

907
00:51:59,360 --> 00:52:05,780
Of course the big thing is these shows coming up in Minneapolis and big shout out to open

908
00:52:05,780 --> 00:52:12,760
Mike up there at first Avenue Minneapolis who is putting his life on the line making sure

909
00:52:12,760 --> 00:52:13,760
these shows happen.

910
00:52:13,760 --> 00:52:14,760
The dude is amazing.

911
00:52:14,760 --> 00:52:18,080
A shout out to you sir for all the work you're doing on the back end.

912
00:52:18,080 --> 00:52:22,360
For anybody who's interested in supporting those shows or live streaming those shows, if

913
00:52:22,360 --> 00:52:28,040
you go over to ainsleycostelo.com, I know that she has all of the information there where

914
00:52:28,040 --> 00:52:34,560
you can check out the live streams of her performances as well as performances from just loud.

915
00:52:34,560 --> 00:52:40,040
And you should go to our artist, our interview from last week or the week before and check

916
00:52:40,040 --> 00:52:42,600
out the review that we did with those two.

917
00:52:42,600 --> 00:52:43,600
Right?

918
00:52:43,600 --> 00:52:44,600
Okay, all shut up.

919
00:52:44,600 --> 00:52:45,600
Thanks to the guests.

920
00:52:45,600 --> 00:52:47,600
Thank you guys for listening.

921
00:52:47,600 --> 00:52:49,600
Don't forget to smile for the mug shot.

922
00:52:49,600 --> 00:52:50,320
See you.

923
00:52:50,320 --> 00:53:00,320
[MUSIC]
