Oddbean

We gotta get out of our echo chamber and into the world. Hence, I wrote on Substack about #v4v. https://open.substack.com/pub/heatherlarson/p/wtf-is-value-for-value-anyway?r=z7qdy&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

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Nice article Heather. Honesty I don’t know if anyone will ever “make a living” off of V4V but that’s not really the point. I could be wrong but there is only one way to find out and that is to just start doing it.

Good article, perfect intro for normies. I tend to bog down my articles with tech and jargon. Adam and John are the only ones making a v4v living. I would like to somehow break through and make a living as well. Notice, the No Agenda show gets the majority of it's value from fiat, not BTC. Until we can get normies to adopt a BTC v4v standard, it's going to be a long slog for us podcasters and musicians.

Podcasters and musicians shouldn't be limiting themselves to just BTC. V4V can be in any form that people find valuable including BTC, fiat, art, suggestions, feedback, or any other type of contribution to the show. Sure, this tech makes it really easy for people to contribute BTC once they're in it, but some people might still prefer to contribute in other ways.

Feedback doesn’t pay bills. That’s just a barter system. Musicians are professionals, so are writers and yoga teachers (like myself). While feedback is a part of the job, I want to pay bills. With this inflation, more people will be looking for ways to make money, period. Main money. Side money. Money. Nothing wrong with contributing in other ways. But I’m pretty sure kick ass artists who put in work like @Ainsley and @manlikekweks and @Joe Martin 🎶🟠⚡ would like to put food on the table, pay bills, have healthcare, and take time off like those who find “stability” in working for others.

Few are paying a bill with #v4v right now. The stage we are in is “holy shit, this is better than Spotify!” What’s wrong with having money? Putting it to good use? There are services now like Bitwell and Bitrefill for those who need to convert to bill-paying currency. Also, we are American. Think of what #v4v can do for someone in a country with hyperinflation like Argentina, Venezuela… @manlikekweks and I talked about how v4V literally pays his bills in Tanzania.

Also i am here to build a community that exchanges with each other. I don’t want a 1k sat zap for a meme. I want to do a 40k bag of coffee or 75k bag of jerky. These examples are v4v as well its just disguised as commerce

Value 4 Value is the simple exchange of value for something equal in value in return. Some podcasts value art, feedback, and contributions as much as a monetary donation. You might value different things and that's okay. It comes down to what you value and your relationship with your audience. Some podcasts have kickass art that they wouldn't have if they had only asked for monetary donations.

And getting outside of podcasting, because #v4v is bigger than that… Someone puts their song online. A digital good. What are you going to do to give that artist Value? Go outside and milk your goat and pour that artist a glass of milk? They’re in a different city, you gonna mail them a glass of milk?

That comes down to the ask to your audience. You can ask your audience to contribute milk back as value, but I doubt many people will do it. Similarly you can ask them to only contribute BTC, but only very few people have BTC and many are hodling it during the ATH. I think it's better to ask them to contribute BTC, fiat, and whatever else you find valuable for your music or podcast. Ultimately, it's up to you to decide what to ask your audience to contribute back in value.