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 themoment, Mere Mortals, Mere Mortals book reviews, this one Reseñas InSpanglish. And this is a podcast for those who want to explorethe value for value model with me. And what is that? Well,essentially, you might be an independent creator. So you'resomeone who is creating something, but it's notparticularly tangible. It's not a physical object, it's notsomething that you would go to a market and do a direct exchangeof value with a customer of some sort. So now you're creatingvalue in whatever form it might be audio, video, visual,something that is transmitting more in the in the broadcast inthe 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 gettime or talent in return. So asking people to do things foryou, or they can help you out by sharing your message, whateverit is. And this podcast is exploring that. And today, I'mgoing to be exploring the question of donations. And sothe act of donating, if you will, and here's a question foryou. And one asked myself, have you ever bought something youdidn't need, or even one just to show some love? So today'sepisode is called episode seven, the frustrations of donations.And I'm going to be examining the act of donating and why thismight be changing. So first of all, I want to experience or Iwant to tell you about some of my own frustrations that I'vehad in the past. So when I first got into podcasting about fouryears ago, and this is as a listener, I found Jordan B.Peterson. And I got tremendous value from his examination ofthe human psyche of psychology, of the meta fears of all ofthese, you know, mythology, all of these brilliant things thathe was talking about. And I listened, I devoured so many ofhis podcasts of his podcast, and then also the video stuff thathe was putting up on YouTube, all of these sorts of things.And I wanted to give back to him. But there was no realdonation button at that time, there was no way for me to do iteasily. So I ended up buying a bunch of his things. So this issuch things as the self authoring the future authoringprograms, these things which I didn't particularly need, willwant, but I did it just to show some love. Some other examplesof this, there was a guy I used to follow called Roosh V, whohelped me a lot with regards to interacting with women ofgetting out of my own shell, he was a pickup artist. And so eventhough his books were available to be gotten online for free, ifI use BitTorrent, or whatever, uTorrent, whatever, streamingservice like that, I could actually do that. But I said,you know, what, I want to give some value to him. So I boughtthe books, even though I'd already sort of read them anddidn't need to do that. Another one, Sam Harris, his app of themeditation, waking up at, I didn't particularly need it. Butonce again, I'd listened to his podcast for a long while, Idevoured a lot of his things and said, You know, I'm gonna dothis, just because there's no real easy way for me to, to giveback money to him. And the frustrations were, I supposethat there was no way for me to easily do it. And then also, Iknew what was being siphoning off elsewhere. So one of thethings I've started doing recently to make myself morecharitable 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 hasbeen I've been giving to give well, so there's just a, anEffective Altruism charity. So it's one that looks at differentmetrics and tries to give out the value or money to those whocan make the best use of it.
Because if you've done anyresearch into charities, you'll know most of them are prettyterrible in the terms of how much of your money is actuallygetting out to them. So in this one, you know, it's it'soffering a better returns on your, your your donations, ifyou want to put it that way. The problem with that is I still seehow much money is getting siphoned off, particularly withinternational transactions. So it's going from my Australianbank account into what I imagined is a US account. Andthere is an international tax transaction that is going boom,straight from that, you know, not a huge amount, but stillenough, I think it's 1% to 2%, but it's still like, damn, thisis not where I want my donations to be going. So you can reallysee that there with the International transaction fees.There's also the splitting up aspect, the ease of it, if Iwanted to go to a charity right now. So I went on to the RedCross, just to have a look see, and the minimum that you cangive to them is $2. So once again, you being restricted byhow much that you can donate and this is related part to themonetary system. So back in the day, I couldn't donate part of asheep or maybe I could I could give some on some of the wool orsomething like that, but there's no way I'd be able to transactwith my my sheep. Obviously, we've fixed a lot of thoseproblems nowadays by making sheep into money in a way, andthen I can give my money in smaller doses. But there's stillthe fact I can't donate 30 cents to whoever I want, the simplywill not allow it. So this is getting, I suppose, into the thenest back aspect, which is the future of donation. So I'vecovered my some of my frustrations there. And Iimagine you have had similar experiences with regards topeople that you want to simply donate to, but unable to, or youwant to give some value to, but you just can't do it. Andthere's a new thing. It's called cryptocurrency. And I'm not thebiggest advocate of it, I'm not trying to say this is the be alland end all and you need to get in right now. But I do see a lotof great things that are just doing and how it's improved mylife by being able to be more generous in donating in a waythat I want to do it. So for me, it's a sort of a currency thatmakes sense. And I just talked about what it can do. And thisis open up options. So right now, on a podcasting app, Icould go and choose fractions of a cent that I want to send toour favorite podcaster. And I can do this in multipledifferent ways I can stream it to them. So every minute, tinylittle bit, you know, 10 cents less than 10 cents, if I want, Ican go to them, I can boost them. So if they say somethingright in the moment that I really enjoy, bam, hit the boostbutton button. And I can also interact with them with aboostagram or potentially even in the future, choose a routerecurring donation. So you know, say I do just want to give themsome money every month, because I'm too lazy to set up all theseother things, you know, that sort of stuff is being able tobe created with these cryptocurrencies. And inparticular, I'm talking about Bitcoin right now, and streamingSatoshis. So, with the act of going digital, I think it's alsohelping to reduce the shame or guilt that you might experience.So when I was overseas in Latin America, obviously, there's alot of a lot of poverty there.
And obviously, there's a lot ofpeople who are begging and whatnot. So there is still thisweird aspect of shame or guilt, I guess, in donating, like, ifyou'd go up to sometimes tell people Yeah, I like to donateall the time, and things like this. You know, there's still, Iguess, in my mind, when I think donation, I also think ofbeggars, like, that's, that's part of it. And I'd like to sortof try and see that change a bit in the future. And funnilyenough, I think the impersonality of, of everythinggoing digital is helping to do that. So I'm actually way moregenerous now than I was when I had someone in my face,pressuring me to give them money to do et cetera. Now, one of thereasons for that is they weren't particularly giving me value,they were actually taking away things, you know, I was, theywere creating bad emotions in me, because I was feeling guiltythat, you know, they were having a hard life, I was feelingguilty that I was in a way better off position than themjust because I was born in Australia, or things like this.So funnily enough, the the act of going digital is, is removingthat necessity or that, that weird stuff that can come up inhuman interactions that face to face the complexities that aregoing there. And so I'm actually finding myself being moregenerous, because I'm going, you know, what, I can decide howmuch I want, I can do small amounts, I can do biggeramounts, and it doesn't really matter. If I do it right now, orif I decide to do it tomorrow, or if I do it, when I'm in abetter mood, and, you know, I can say, oh, yeah, yesterday, Iwas feeling shitty, and I didn't want to give them money. Buttoday, yeah, I can totally do that. It's sort of being able tobe dictated at my own time. Now, all of this is easy to use, butalso extremely difficult. So the process of getting all of thesethings so you know, putting Satoshis on a, on a podcastingapp and getting Bitcoin and like, it's when you're goingfrom zero to that it's extremely difficult, but I personally amtotally seeing this as the way of the future and, and, youknow, I want to try and be on the leading edge of that and,and experimenting with that to see what happens, you know, notonly to my own psychology, but to the broader population, as Isee more and more people doing this. So I think it's almost amentality to to improve the world. I definitely would saydue to cryptocurrencies, due to being able to donate to peoplemore directly, and not have the excuses of like, all my money isgoing to these other organizations that I don't careabout or it's being used not wisely or it's being siphonedoff by Patreon or whatever it is. Now with that direct linkageof me directly to the person who I want to send it through. Itreally is, again, a game changer. And I really think itis going to revolutionize almost the way that donations occur.And and yeah, I want to, I'm super happy with it. So that isjust my little experience they're of going into the act ofdonating. And I want to thank someone who has donated someoneto me, so does the boostagram time. And so I have oneboostagram today. This is from Oscar Mary from fountain FM, Hesent two to two sets using fountain of course. And he saysthe stepping stones analogy is perfect not only for creating asuccessful podcast, but also to life more generally. And then hesent an emoji which I have no idea what that is looks like arock of some sort. So thank you, thank you Oscar muchappreciated. Fountain FM is one of these apps where you canactually do these micro payments these transactions to donate ina way, it's really weird, because you know, it sort offeels like donating. I think the maybe the word itself is also aproblem because you look at that, and you think oh, donatingis where I'm giving it to a beggar of some sort. So someonewho's not giving me value, whereas maybe it does need tohave 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 inreturn. So there we go, that my request actually, for the forthis little episode, I always end off with something that youcan do is to get yourself, familiarize yourself with theaction of donating, I would say is the first step in, inunderstanding the value for value model. So there's thecreation aspect of it if you are the podcaster. But I would arguethat you know what, you probably need to experience yourself whatit is that you're asking from your audience. So I would say Have a think, youknow, 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 sendmicro micro micro payments to whoever it is that you want toif you're a podcaster, you are probably listening to podcastsas well. So I would say this is a good area to try it out. Butyou could also be like me, you could decide to start giving toa charity of some sort. You could also go down the route,like I was of, you know, really finding out people who you enjoyand listening to and seeing, hey, do they have an option forme to to buy something? You know, I would almost argue thatwas the first step for me of being like, Hey, I should Ireally want to give something back. Okay, I'll do it in thiskind of crappy a way where I'm getting a t shirt that I mightnot want, where I'm getting some sort of product that maybe it'snot the most useful thing to me, but hey, I'm supporting them inany case, and then you'll gradually want to be able to dothat more efficiently and more directly. So that is my littlerecommendation for today. You can actually do it on thispodcast if you want to go to new podcast apps.com. And you'llfind a bunch of places where you can do value exchanges. But Iwould also argue, hey, if you have a favorite podcaster inparticular, hit them up, see if they have that option enabledand if not, maybe tell them hey, I'd really love to give you somevalue. And I can't do it at the moment because you do not havethe value for value model set up on your podcast. That is it fortoday. Everyone. Thank you for joining me in the value forvalue podcast and I really hope you're having a fantastic daywherever you are in the world Kyrin out
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 themoment, Mere Mortals, Mere Mortals book reviews, this one Reseñas InSpanglish. And this is a podcast for those who want to explorethe value for value model with me. And what is that? Well,essentially, you might be an independent creator. So you'resomeone who is creating something, but it's notparticularly tangible. It's not a physical object, it's notsomething that you would go to a market and do a direct exchangeof value with a customer of some sort. So now you're creatingvalue in whatever form it might be audio, video, visual,something that is transmitting more in the in the broadcast inthe 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 gettime or talent in return. So asking people to do things foryou, or they can help you out by sharing your message, whateverit is. And this podcast is exploring that. And today, I'mgoing to be exploring the question of donations. And sothe act of donating, if you will, and here's a question foryou. And one asked myself, have you ever bought something youdidn't need, or even one just to show some love? So today'sepisode is called episode seven, the frustrations of donations.And I'm going to be examining the act of donating and why thismight be changing. So first of all, I want to experience or Iwant to tell you about some of my own frustrations that I'vehad in the past. So when I first got into podcasting about fouryears ago, and this is as a listener, I found Jordan B.Peterson. And I got tremendous value from his examination ofthe human psyche of psychology, of the meta fears of all ofthese, you know, mythology, all of these brilliant things thathe was talking about. And I listened, I devoured so many ofhis podcasts of his podcast, and then also the video stuff thathe was putting up on YouTube, all of these sorts of things.And I wanted to give back to him. But there was no realdonation button at that time, there was no way for me to do iteasily. So I ended up buying a bunch of his things. So this issuch things as the self authoring the future authoringprograms, these things which I didn't particularly need, willwant, but I did it just to show some love. Some other examplesof this, there was a guy I used to follow called Roosh V, whohelped me a lot with regards to interacting with women ofgetting out of my own shell, he was a pickup artist. And so eventhough his books were available to be gotten online for free, ifI use BitTorrent, or whatever, uTorrent, whatever, streamingservice like that, I could actually do that. But I said,you know, what, I want to give some value to him. So I boughtthe books, even though I'd already sort of read them anddidn't need to do that. Another one, Sam Harris, his app of themeditation, waking up at, I didn't particularly need it. Butonce again, I'd listened to his podcast for a long while, Idevoured a lot of his things and said, You know, I'm gonna dothis, just because there's no real easy way for me to, to giveback money to him. And the frustrations were, I supposethat there was no way for me to easily do it. And then also, Iknew what was being siphoning off elsewhere. So one of thethings I've started doing recently to make myself morecharitable 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 hasbeen I've been giving to give well, so there's just a, anEffective Altruism charity. So it's one that looks at differentmetrics and tries to give out the value or money to those whocan make the best use of it.
Because if you've done anyresearch into charities, you'll know most of them are prettyterrible in the terms of how much of your money is actuallygetting out to them. So in this one, you know, it's it'soffering a better returns on your, your your donations, ifyou want to put it that way. The problem with that is I still seehow much money is getting siphoned off, particularly withinternational transactions. So it's going from my Australianbank account into what I imagined is a US account. Andthere is an international tax transaction that is going boom,straight from that, you know, not a huge amount, but stillenough, I think it's 1% to 2%, but it's still like, damn, thisis not where I want my donations to be going. So you can reallysee that there with the International transaction fees.There's also the splitting up aspect, the ease of it, if Iwanted to go to a charity right now. So I went on to the RedCross, just to have a look see, and the minimum that you cangive to them is $2. So once again, you being restricted byhow much that you can donate and this is related part to themonetary system. So back in the day, I couldn't donate part of asheep or maybe I could I could give some on some of the wool orsomething like that, but there's no way I'd be able to transactwith my my sheep. Obviously, we've fixed a lot of thoseproblems nowadays by making sheep into money in a way, andthen I can give my money in smaller doses. But there's stillthe fact I can't donate 30 cents to whoever I want, the simplywill not allow it. So this is getting, I suppose, into the thenest back aspect, which is the future of donation. So I'vecovered my some of my frustrations there. And Iimagine you have had similar experiences with regards topeople that you want to simply donate to, but unable to, or youwant to give some value to, but you just can't do it. Andthere's a new thing. It's called cryptocurrency. And I'm not thebiggest advocate of it, I'm not trying to say this is the be alland end all and you need to get in right now. But I do see a lotof great things that are just doing and how it's improved mylife by being able to be more generous in donating in a waythat I want to do it. So for me, it's a sort of a currency thatmakes sense. And I just talked about what it can do. And thisis open up options. So right now, on a podcasting app, Icould go and choose fractions of a cent that I want to send toour favorite podcaster. And I can do this in multipledifferent ways I can stream it to them. So every minute, tinylittle bit, you know, 10 cents less than 10 cents, if I want, Ican go to them, I can boost them. So if they say somethingright in the moment that I really enjoy, bam, hit the boostbutton button. And I can also interact with them with aboostagram or potentially even in the future, choose a routerecurring donation. So you know, say I do just want to give themsome money every month, because I'm too lazy to set up all theseother things, you know, that sort of stuff is being able tobe created with these cryptocurrencies. And inparticular, I'm talking about Bitcoin right now, and streamingSatoshis. So, with the act of going digital, I think it's alsohelping to reduce the shame or guilt that you might experience.So when I was overseas in Latin America, obviously, there's alot of a lot of poverty there.
And obviously, there's a lot ofpeople who are begging and whatnot. So there is still thisweird aspect of shame or guilt, I guess, in donating, like, ifyou'd go up to sometimes tell people Yeah, I like to donateall the time, and things like this. You know, there's still, Iguess, in my mind, when I think donation, I also think ofbeggars, like, that's, that's part of it. And I'd like to sortof try and see that change a bit in the future. And funnilyenough, I think the impersonality of, of everythinggoing digital is helping to do that. So I'm actually way moregenerous now than I was when I had someone in my face,pressuring me to give them money to do et cetera. Now, one of thereasons for that is they weren't particularly giving me value,they were actually taking away things, you know, I was, theywere creating bad emotions in me, because I was feeling guiltythat, you know, they were having a hard life, I was feelingguilty that I was in a way better off position than themjust because I was born in Australia, or things like this.So funnily enough, the the act of going digital is, is removingthat necessity or that, that weird stuff that can come up inhuman interactions that face to face the complexities that aregoing there. And so I'm actually finding myself being moregenerous, because I'm going, you know, what, I can decide howmuch I want, I can do small amounts, I can do biggeramounts, and it doesn't really matter. If I do it right now, orif I decide to do it tomorrow, or if I do it, when I'm in abetter mood, and, you know, I can say, oh, yeah, yesterday, Iwas feeling shitty, and I didn't want to give them money. Buttoday, yeah, I can totally do that. It's sort of being able tobe dictated at my own time. Now, all of this is easy to use, butalso extremely difficult. So the process of getting all of thesethings so you know, putting Satoshis on a, on a podcastingapp and getting Bitcoin and like, it's when you're goingfrom zero to that it's extremely difficult, but I personally amtotally seeing this as the way of the future and, and, youknow, I want to try and be on the leading edge of that and,and experimenting with that to see what happens, you know, notonly to my own psychology, but to the broader population, as Isee more and more people doing this. So I think it's almost amentality to to improve the world. I definitely would saydue to cryptocurrencies, due to being able to donate to peoplemore directly, and not have the excuses of like, all my money isgoing to these other organizations that I don't careabout or it's being used not wisely or it's being siphonedoff by Patreon or whatever it is. Now with that direct linkageof me directly to the person who I want to send it through. Itreally is, again, a game changer. And I really think itis going to revolutionize almost the way that donations occur.And and yeah, I want to, I'm super happy with it. So that isjust my little experience they're of going into the act ofdonating. And I want to thank someone who has donated someoneto me, so does the boostagram time. And so I have oneboostagram today. This is from Oscar Mary from fountain FM, Hesent two to two sets using fountain of course. And he saysthe stepping stones analogy is perfect not only for creating asuccessful podcast, but also to life more generally. And then hesent an emoji which I have no idea what that is looks like arock of some sort. So thank you, thank you Oscar muchappreciated. Fountain FM is one of these apps where you canactually do these micro payments these transactions to donate ina way, it's really weird, because you know, it sort offeels like donating. I think the maybe the word itself is also aproblem because you look at that, and you think oh, donatingis where I'm giving it to a beggar of some sort. So someonewho's not giving me value, whereas maybe it does need tohave 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 inreturn. So there we go, that my request actually, for the forthis little episode, I always end off with something that youcan do is to get yourself, familiarize yourself with theaction of donating, I would say is the first step in, inunderstanding the value for value model. So there's thecreation aspect of it if you are the podcaster. But I would arguethat you know what, you probably need to experience yourself whatit is that you're asking from your audience. So I would say Have a think, youknow, 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 sendmicro micro micro payments to whoever it is that you want toif you're a podcaster, you are probably listening to podcastsas well. So I would say this is a good area to try it out. Butyou could also be like me, you could decide to start giving toa charity of some sort. You could also go down the route,like I was of, you know, really finding out people who you enjoyand listening to and seeing, hey, do they have an option forme to to buy something? You know, I would almost argue thatwas the first step for me of being like, Hey, I should Ireally want to give something back. Okay, I'll do it in thiskind of crappy a way where I'm getting a t shirt that I mightnot want, where I'm getting some sort of product that maybe it'snot the most useful thing to me, but hey, I'm supporting them inany case, and then you'll gradually want to be able to dothat more efficiently and more directly. So that is my littlerecommendation for today. You can actually do it on thispodcast if you want to go to new podcast apps.com. And you'llfind a bunch of places where you can do value exchanges. But Iwould also argue, hey, if you have a favorite podcaster inparticular, hit them up, see if they have that option enabledand if not, maybe tell them hey, I'd really love to give you somevalue. And I can't do it at the moment because you do not havethe value for value model set up on your podcast. That is it fortoday. Everyone. Thank you for joining me in the value forvalue podcast and I really hope you're having a fantastic daywherever you are in the world Kyrin out
