egzodmusic on Nostr: Currency debasement doesn’t just make groceries more expensive—it devalues ...
Currency debasement doesn’t just make groceries more expensive—it devalues creativity, culture, and expression. When money loses value, artists face a harsh reality: prioritize short-term survival (rent > innovation) over creating timeless work.
Music is no exception—streaming pays fractions of a cent per play, tour costs are skyrocketing, and labels push trends that ‘sell fast’ instead of work that ‘lasts forever.’ Why? Because the system forces creators to chase constant output just to keep up with inflation.
Unionizing/negotiating just helps with symptoms but doesn’t solve the root problem: a currency designed to lose value which gets printed endlessly to debase global debt. Every paycheck, royalty, and sale gets eroded.
The solution? Fix the money. #Bitcoin offers a hard cap, predictable monetary policy, and purchasing power that increase through time. Some professional athletes are already leading the way, saving and getting part of their paycheck in Bitcoin. They've gained the deflationary benefits of a currency that appreciates over time in the past 4 years.
When will the music industry follow? Fix the money, fix the incentives, fix the art.
Music is no exception—streaming pays fractions of a cent per play, tour costs are skyrocketing, and labels push trends that ‘sell fast’ instead of work that ‘lasts forever.’ Why? Because the system forces creators to chase constant output just to keep up with inflation.
Unionizing/negotiating just helps with symptoms but doesn’t solve the root problem: a currency designed to lose value which gets printed endlessly to debase global debt. Every paycheck, royalty, and sale gets eroded.
The solution? Fix the money. #Bitcoin offers a hard cap, predictable monetary policy, and purchasing power that increase through time. Some professional athletes are already leading the way, saving and getting part of their paycheck in Bitcoin. They've gained the deflationary benefits of a currency that appreciates over time in the past 4 years.
When will the music industry follow? Fix the money, fix the incentives, fix the art.