Value 4 Value

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Have you ever bought something you didn't need (or even want) just to show some love?

In Ep #7 I explore why donating right now can be a pain in the ass and how this might change in the future. I recount some personal experiences trying to give value to people who deserve it but had an annoying time doing this. However, with the value for value model and the technology behind cryptocurrencies this is making it easier to donate and to change the mentality behind donations.

Boostagram shoutout to Oscar Merry from Fountain.FM (a Podcasting 2.0 app) that gave some value to the V4V podcast, much appreciated!


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[00:00:00] Unknown:

Welcome you beautiful, beautiful soul to the value for   value podcast. My name is Kyrin, and I'm indeed a podcaster. I've   got a couple on the run at the moment, Mere Mortals, Mere Mortals book   reviews, this one Reseñas In Spanglish. And this is a podcast   for those who want to explore the value for value model with   me. And what is that? Well, essentially, you might be an   independent creator. So you're someone who is creating   something, but it's not particularly tangible. It's not   a physical object, it's not something that you would go to a   market and do a direct exchange of value with a customer of some   sort. So now you're creating value in whatever form it might   be audio, video, visual, something that is transmitting   more in the in the broadcast in the heirs, and you would like to   receive some value back in that. And so it's not necessarily just   for money. So you can also get time or talent in return. So   asking people to do things for you, or they can help you out by   sharing your message, whatever it is. And this podcast is   exploring that. And today, I'm going to be exploring the   question of donations. And so the act of donating, if you   will, and here's a question for you. And one asked myself, have   you ever bought something you didn't need, or even one just to   show some love? So today's episode is called episode seven,   the frustrations of donations. And I'm going to be examining   the act of donating and why this might be changing. So first of   all, I want to experience or I want to tell you about some of   my own frustrations that I've had in the past. So when I first   got into podcasting about four years ago, and this is as a   listener, I found Jordan B. Peterson. And I got tremendous   value from his examination of the human psyche of psychology,   of the meta fears of all of these, you know, mythology, all   of these brilliant things that he was talking about. And I   listened, I devoured so many of his podcasts of his podcast, and   then also the video stuff that he was putting up on YouTube,   all of these sorts of things. And I wanted to give back to   him. But there was no real donation button at that time,   there was no way for me to do it easily. So I ended up buying a   bunch of his things. So this is such things as the self   authoring the future authoring programs, these things which I   didn't particularly need, will want, but I did it just to show   some love. Some other examples of this, there was a guy I used   to follow called Roosh V, who helped me a lot with regards to   interacting with women of getting out of my own shell, he   was a pickup artist. And so even though his books were available   to be gotten online for free, if I use BitTorrent, or whatever,   uTorrent, whatever, streaming service like that, I could   actually do that. But I said, you know, what, I want to give   some value to him. So I bought the books, even though I'd   already sort of read them and didn't need to do that. Another   one, Sam Harris, his app of the meditation, waking up at, I   didn't particularly need it. But once again, I'd listened to his   podcast for a long while, I devoured a lot of his things and   said, You know, I'm gonna do this, just because there's no   real easy way for me to, to give back money to him. And the   frustrations were, I suppose that there was no way for me to   easily do it. And then also, I knew what was being siphoning   off elsewhere. So one of the things I've started doing   recently to make myself more charitable to get in the act of,   of, I suppose the psychology of, of what it is to give and to   give to the world in general has been I've been giving to give   well, so there's just a, an Effective Altruism charity. So   it's one that looks at different metrics and tries to give out   the value or money to those who can make the best use of it.  

Because if you've done any research into charities, you'll   know most of them are pretty terrible in the terms of how   much of your money is actually getting out to them. So in this   one, you know, it's it's offering a better returns on   your, your your donations, if you want to put it that way. The   problem with that is I still see how much money is getting   siphoned off, particularly with international transactions. So   it's going from my Australian bank account into what I   imagined is a US account. And there is an international tax   transaction that is going boom, straight from that, you know,   not a huge amount, but still enough, I think it's 1% to 2%,   but it's still like, damn, this is not where I want my donations   to be going. So you can really see that there with the   International transaction fees. There's also the splitting up   aspect, the ease of it, if I wanted to go to a charity right   now. So I went on to the Red Cross, just to have a look see,   and the minimum that you can give to them is $2. So once   again, you being restricted by how much that you can donate and   this is related part to the monetary system. So back in the   day, I couldn't donate part of a sheep or maybe I could I could   give some on some of the wool or something like that, but there's   no way I'd be able to transact with my my sheep. Obviously,   we've fixed a lot of those problems nowadays by making   sheep into money in a way, and then I can give my money in   smaller doses. But there's still the fact I can't donate 30 cents   to whoever I want, the simply will not allow it. So this is   getting, I suppose, into the the nest back aspect, which is the   future of donation. So I've covered my some of my   frustrations there. And I imagine you have had similar   experiences with regards to people that you want to simply   donate to, but unable to, or you want to give some value to, but   you just can't do it. And there's a new thing. It's called   cryptocurrency. And I'm not the biggest advocate of it, I'm not   trying to say this is the be all and end all and you need to get   in right now. But I do see a lot of great things that are just   doing and how it's improved my life by being able to be more   generous in donating in a way that I want to do it. So for me,   it's a sort of a currency that makes sense. And I just talked   about what it can do. And this is open up options. So right   now, on a podcasting app, I could go and choose fractions of   a cent that I want to send to our favorite podcaster. And I   can do this in multiple different ways I can stream it   to them. So every minute, tiny little bit, you know, 10 cents   less than 10 cents, if I want, I can go to them, I can boost   them. So if they say something right in the moment that I   really enjoy, bam, hit the boost button button. And I can also   interact with them with a boostagram or potentially even   in the future, choose a route recurring donation. So you know,   say I do just want to give them some money every month, because   I'm too lazy to set up all these other things, you know, that   sort of stuff is being able to be created with these   cryptocurrencies. And in particular, I'm talking about   Bitcoin right now, and streaming Satoshis. So, with the act of   going digital, I think it's also helping to reduce the shame or   guilt that you might experience. So when I was overseas in Latin   America, obviously, there's a lot of a lot of poverty there.  

And obviously, there's a lot of people who are begging and   whatnot. So there is still this weird aspect of shame or guilt,   I guess, in donating, like, if you'd go up to sometimes tell   people Yeah, I like to donate all the time, and things like   this. You know, there's still, I guess, in my mind, when I think   donation, I also think of beggars, like, that's, that's   part of it. And I'd like to sort of try and see that change a bit   in the future. And funnily enough, I think the   impersonality of, of everything going digital is helping to do   that. So I'm actually way more generous now than I was when I   had someone in my face, pressuring me to give them money   to do et cetera. Now, one of the reasons for that is they weren't   particularly giving me value, they were actually taking away   things, you know, I was, they were creating bad emotions in   me, because I was feeling guilty that, you know, they were having   a hard life, I was feeling guilty that I was in a way   better off position than them just because I was born in   Australia, or things like this. So funnily enough, the the act   of going digital is, is removing that necessity or that, that   weird stuff that can come up in human interactions that face to   face the complexities that are going there. And so I'm actually   finding myself being more generous, because I'm going, you   know, what, I can decide how much I want, I can do small   amounts, I can do bigger amounts, and it doesn't really   matter. If I do it right now, or if I decide to do it tomorrow,   or if I do it, when I'm in a better mood, and, you know, I   can say, oh, yeah, yesterday, I was feeling shitty, and I didn't   want to give them money. But today, yeah, I can totally do   that. It's sort of being able to be dictated at my own time. Now,   all of this is easy to use, but also extremely difficult. So the   process of getting all of these things so you know, putting   Satoshis on a, on a podcasting app and getting Bitcoin and   like, it's when you're going from zero to that it's extremely   difficult, but I personally am totally seeing this as the way   of the future and, and, you know, I want to try and be on   the leading edge of that and, and experimenting with that to   see what happens, you know, not only to my own psychology, but   to the broader population, as I see more and more people doing   this. So I think it's almost a mentality to to improve the   world. I definitely would say due to cryptocurrencies, due to   being able to donate to people more directly, and not have the   excuses of like, all my money is going to these other   organizations that I don't care about or it's being used not   wisely or it's being siphoned off by Patreon or whatever it   is. Now with that direct linkage of me directly to the person who   I want to send it through. It really is, again, a game   changer. And I really think it is going to revolutionize almost   the way that donations occur. And and yeah, I want to, I'm   super happy with it. So that is just my little experience   they're of going into the act of donating. And I want to thank   someone who has donated someone to me, so does the boostagram   time. And so I have one boostagram today. This is from   Oscar Mary from fountain FM, He sent two to two sets using   fountain of course. And he says the stepping stones analogy is   perfect not only for creating a successful podcast, but also to   life more generally. And then he sent an emoji which I have no   idea what that is looks like a rock of some sort. So thank you,   thank you Oscar much appreciated. Fountain FM is one   of these apps where you can actually do these micro payments   these transactions to donate in a way, it's really weird,   because you know, it sort of feels like donating. I think the   maybe the word itself is also a problem because you look at   that, and you think oh, donating is where I'm giving it to a   beggar of some sort. So someone who's not giving me value,   whereas maybe it does need to have a more transactional term   to it. So I can feel like yes, the value is coming my way. And   I'm giving it the back in return. So there we go, that my   request actually, for the for this little episode, I always   end off with something that you can do is to get yourself,   familiarize yourself with the action of donating, I would say   is the first step in, in understanding the value for   value model. So there's the creation aspect of it if you are   the podcaster. But I would argue that you know what, you probably   need to experience yourself what it is that you're asking from   your audience. So   I would say Have a think, you know, decide how much you want   to do this, and then try it out. So you can do this in very small   amounts. You know, you can send micro micro micro payments to   whoever it is that you want to if you're a podcaster, you are   probably listening to podcasts as well. So I would say this is   a good area to try it out. But you could also be like me, you   could decide to start giving to a charity of some sort. You   could also go down the route, like I was of, you know, really   finding out people who you enjoy and listening to and seeing,   hey, do they have an option for me to to buy something? You   know, I would almost argue that was the first step for me of   being like, Hey, I should I really want to give something   back. Okay, I'll do it in this kind of crappy a way where I'm   getting a t shirt that I might not want, where I'm getting some   sort of product that maybe it's not the most useful thing to me,   but hey, I'm supporting them in any case, and then you'll   gradually want to be able to do that more efficiently and more   directly. So that is my little recommendation for today. You   can actually do it on this podcast if you want to go to new   podcast apps.com. And you'll find a bunch of places where you   can do value exchanges. But I would also argue, hey, if you   have a favorite podcaster in particular, hit them up, see if   they have that option enabled and if not, maybe tell them hey,   I'd really love to give you some value. And I can't do it at the   moment because you do not have the value for value model set up   on your podcast. That is it for today. Everyone. Thank you for   joining me in the value for value podcast and I really hope   you're having a fantastic day wherever you are in the world   Kyrin out