#393: Value 4 Value Music with Sam & Michael from Wavlake

TFTC: A Bitcoin Podcast

Jan 31, 2023•1 hr 32 min

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Episode description

Join Marty as he sits down with Sam Means and Michael Rhee to discuss Wavlake, the current issues with the music industry, and how to orange pill people with cool products.

Follow them on Twitter:
https://twitter.com/sammeans
https://twitter.com/rheedio
https://twitter.com/wavlake

Check out Wavlake:
https://wavlake.com/

Check out Lightning Store:
https://lightning.store/

6:14 - Technical issues right out the gate
8:04 - Artist monetization struggles
11:43 - Wavlake explained
15:02 - The publishing company model
19:48 - V4V audience interaction
21:56 - V4V artist profit
25:01 - Other models to integrate
29:17 - Building a music index
33:17 - Changing the artist mindset
38:34 - Podcasts vs music
43:50 - Orange pilling through music
46:38 - Nostr
57:41 - Artists are sick of the current model
1:03:07 - Playing the slow game
1:06:50 - Wavlake causing incentive change
1:10:56 - Using V4V to improve recommendations
1:13:16 - Future of LN
1:17:20 - V4V boosts are growing in general
1:22:54 - Lightning store
1:28:15 - Plugs and final thoughts