Value 4 Value

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Podcasting is getting a much needed update!

In Ep#41 we're looking at two definitions of podcasting (the initial spirit & the technical) and why Apple/YouTube/Spotify are trying to move away from the open and accessible nature that makes podcasting amazing.

Huge thanks to Cole McCormick (America+), McIntosh (Generation Bitcoin), Genebean (Volunteer Technologist) & Petar for supporting the show. Absolute legends!

15% of this episode is going to Adam Curry for creating the medium of podcasting and then improving it once again!


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[00:00:00] Unknown:

My feed ohhh my feed people.   It's awful.   Okay, everyone,   welcome to another episode of The Value for Value   Show.   My name is Kyrin and host of the Mere   Mortals podcast and Mere Mortals in general.   And this is one of   the branches of that kind of Brand   So today's episode, I just want to get into   what is a podcast.   Now, look, there's many variations   that you can do of this.   You can go on the technical,   technical definition, which I will touch upon.   But I really wanted to start off   with something that was   I found quite intriguing, which was that there's,   I guess two versions of words.  

There is the technical meaning   and then there's the   the meaning that is kind of currently   understood by the vast bulk of people.   And that's how it's used.   And you can see words change over time.   And so what is a podcast?   Well, I'll start off   with the more kind of wishy washy definition,   which is and I'll do this through a story.   So recently   it was   the 20th anniversary of the very first podcast.   And so this occurred in 2003, around July 9th,   and this was Christopher Lydon and Dave Winer.   These were the people   who were at well, Dave Winer wrote RSS.   So the whole system   that podcasting is based upon,   it was the guy who was doing that.  

And what Adam Curry talked about recently,   and he was the one   who suggested that   you put an audio file into an RSS feed,   and we'll get to that in the technical definition.   He was talking about the   spirit of it at the beginning.   Why did this happen?   Why was this created?   And he was saying, you know,   it was wild, it was exciting.   It was mind blowing.   There wasn't   a hint of money as motivation to be seen.   Christopher Lydon,   who was the one who recorded this   this first podcast with Dave Winer,   he was saying, you know, it was   there was a tingle of experimental adventure.  

I wanted to talk about the   the Iraq war was already a moment   completely unexamined and debated.   He wanted to talk about that,   and he found a way that he could do this through   this mechanism of podcasting,   which you weren't going to find on the,   you know,   TV or radio stations or things like this.   So we can definitely see that the   the idea at the start of   it was this kind of open nature was to be able   to get your thoughts out, to express yourself,   to make it accessible, to all.   And just to kind of put something out there.   And I'm reading this book   at the moment called Amusing Ourselves to Death   Public Discourse   in the Age of Show Business by Neil Postman.  

And it's a really intriguing book   because it's talking about how basically TV, in   his opinion, is a kind of it's a   a low quality medium for discourse.   It's it actually makes things worse.   And he has all sorts of definitions   for this and reasons for this.   Talking about the visual nature,   about how we're moving away   from a text based culture.   And I think this probably is an episode   that I'll do full   on itself about the medium and how this can alter   the message and restrict or open up certain things.   But I think in this case, we can definitely say   that podcasting was actually opening up.  

It was creating a new mechanism, a new way for   for people   to be able to get into   a different   and essentially say,   a different method of communication.   So we see podcasting starts off   and it's like, wow, this is amazing.   This is, you know, really super cool.   It's a way for people   to express themselves,   which wasn't able to be done   before through any of the other mediums.   So super, super cool.   Now let's talk about   maybe some of the   technical definitions and why there's some   current trends which have been moving us   away from this and now and why   we might want to   examine this   and see if we can kind of keep it open.  

So I'm going over to pod news here.   Who and this is by James Cridland, and   I was quoting just from his special   Happy 20th anniversary, the podcast before.   And so the technical answer   is it's an audio file in an MP three   or a C format   without digital rights management, ie,   you don't have a claim to the digital,   I guess like   the copyright of it.   It's if people.   It goes out to everyone and people can adjust it.   It's available to download and it's distributed via   an RSS feed using an enclosure tag.   You can have video podcasts,   but they're called video podcasts.  

So this would be   if you have an MP for you with all of these   same attributes.   So that's the technical definition.   And this is relatively and largely   changed over time over the last 20 years.   What people think podcasts are   the most used platforms in the US.   Spotify at 24%, Apple   Podcasts 21%, and YouTube at 18%.   And this was from the Edison Research   Podcast, Consumer Tracker from Q2 21.   Now, what's really interesting about   this is first   the three   type of the companies there, and these were the   three companies which are actually,   I think,   trying to move it away or from from this openness   and accessible to all.  

And I want to view this   through the lens   of the four properties   that I talked about in a recent episode,   this being the value transfer at the very end.   This is also having the O   Oh, so let me let me bring them up just so I   don't say them.   So there's the decentralised,   there is the self sovereignty   permissionless and value transfer.   There we go.   So I want to kind of discuss maybe how these   these four properties which I was discussing   with relation to Bitcoin   and with to the value   for value model and to podcasting,   how these are kind of being distorted in these,   these recent trends   which we've been seeing happening   over the past 3 to 4 years in particular.  

So let's start with the decentralised one.   And so this is where we can see, okay,   it wasn't,   it wasn't as decentralised as we thought it was,   although people were still putting out RSS feeds,   although there were many   hosts who were   hosting all of these different feeds.   There was a problem with the directory   and this was that Apple   was the main directory and this is where   individual podcasting apps.   So even though there was   lots of options to be able to host your feed lots,   lots of options to be able to listen to that   feed via all of these different podcasting apps,   you can kind of imagine it   as an hourglass where you know,   lots of space at the top,   lots of space   at the bottom, and then there's   this kind of bottleneck in the middle.  

And this was actually Apple.   And so   one of the things that Apple has   is a directory, and they've had this since   almost the very beginning when Adam Curry   kind of gave them these   his directory   that he had, which I think was called iPod   or something like that,   or the or his own podcast directory.   And they became the default the de facto   and what actually ended up happening   was if something got delisted   from the Apple podcast directory,   it essentially got taken off   of all of the apps as well   because they all reference this one place.   So we can see, okay,   this actually isn't decentralised.  

Now this is great if you trust Apple   and they just have a kind of default motto of well,   well anything that we   get in as long as it follows the,   you know,   the kind of technical   definitions of, of an RSS feed.   So it's not, you know, having random   strings of characters, it's not breaking things.   People aren't putting in   massive or too big files or too little files   or anything like that,   as long as as long as it follows the technical   specifications, they, they would publish it.   Now, unfortunately, this isn't the case,   and we kind of really saw this   with the Alex Jones De-Platforming,   which occurred not just on there, but   across all social media   where it was like, Oh, okay, these guys on the,   you know,   Switzerland of the the equivalent of the   financial Swiss of the world.  

But for podcasting.   No they're   they have their own agenda   and if someone gets kicked off of from there   they're essentially it isn't decentralised.   There is a very central entity   in the middle of it.   So that was that was one area where we say, okay,   as a private company, Apple is awesome,   but you might not want to have it for the main   index for people being able to find out   where all the podcasts in the world   so we can see, okay,   decentralised, you know, podcast   is starting to move away from that.   Let's go on to the second one,   which was Self-Sovereign anti   and this is where people are saying   know, okay, I've got a YouTube podcast now   once again,   if people want to use podcast   as a synonym for show,   and that's the kind of common lingo,   I'm not going to fight that at all.  

But what I would just say is, okay, if you're   if you're claiming that's a podcast   and your show gets,   you know,   once again, kind of kicked off of YouTube.   Yeah, you don't really have this   self-sovereign aspect, which is the AI   basically being able to to own your own content.   And if you go on to the YouTube terms of service,   you'll see, you know,   they can do   whatever the hell they want with it,   if they want to modify it,   if they want to alter it,   if they want to put ads in front of it   or not put ads in front of it,   if they deem that it is hurting the YouTube   platform, hurting their listeners,   the people who are paying YouTube premium   or anything like that, they will get rid of it.  

That's it.   It's all it's all in there.   It's all it's all up to them.   So once again,   if you're calling   a YouTube podcast, a podcast, it's   it doesn't satisfy this self-sovereign aspect   because you can't host   those video files yourself and then YouTube   show them, no, you have to host it on YouTube.   So once again,   people use the word   podcast for, for a show that's on YouTube.   It's it's very much trending away   from the original intent of of what a podcast was.   Let's go on to permissionless.   Anyone can get in from basically any access.   There is no guardian, there is no one saying,   oh, okay, this is how, this is how it's done.  

It has to be done this way, etc., etc..   And this is where we look at Spotify and see   they were doing some   things like turning off the RSS feed.   So if you hosted a show on Anchor,   which is a subsidiary of this, okay, no,   this is not now a podcast because it's   not going out to the wider ecosystem.   It is only   within the walled   garden of Spotify,   the very opposite of permissionless.   And so they were doing this with exclusive   only shows,   and you could kind of see that   through their business model.   They needed to become the one and only place   you could find podcasts,   much like YouTube is the one   and only place where you can find videos.  

The reason this occurred for YouTube   was pretty much just the bandwidth costs   of and storage and hosting of videos.   That is extremely expensive.   Thankfully, with audio that is not as necessary.   And so we can see that,   you know, that strategy hasn't   particularly worked out well for them.   The last one   where I would say that podcasting   and the trends of the last couple of years   trending away from this open aspect   and to a more closed version of podcasting   was advertising.   And this was   this real fascination   with DIY dynamic ad insertion.   And once again, you could kind of see   the value transfer   I don't think was of value to the show.  

And this was just because you know, dynamic ads,   you could say   maybe a higher street   is adding to the product to the show.   You could say maybe a sponsorship,   but dynamic ad insertion is   and this is where basically   you're listening to a podcast   and then bam, an ad   is shoved in right in the middle.   It can be done   with kind of a little bit of grace   if the hosts know about this hand.   And so they have like a mock or it's okay.   At 5 minutes 20,   I took a break   or I was going from   one paragraph or one topic to the next.   You know,   that's an acceptable place to put an ad in.  

And they can   their hosting service might allow that.   But once again the   the had insertion is is always a little bit   gross because it it   it just   has no real connection to the podcast itself   and the reason why this is very popular   is because   you can   change out these ads   and so you can have an ad running for,   you know, for   on a podcast episode from five years ago   that's still getting a lot of downloads.   Maybe that company went out of business   and they're not paying you anymore.   Maybe that product doesn't exist anymore.   And so you can just   simply switch out that ad and with another ad, bam,   you know, now you can get   get more money, money, money, money.  

And this is how a a first   a podcast creator   and the ad companies can all kind of,   you know,   basically put more   put more ads into your shows   which once again I think is taking away   from the value transfer.   I think that is not in addition to the   the transfer of value to the audience,   to the listeners.   It's kind of taking away from that.   And so those have been four of the biggest trends   of podcasting in the recent years.   And I think that is moving away from this   idea, this definition that we had at the start,   which was   what one, the technical definition   it was, it was moving away from that.  

Most certainly most of these things   are not now are an audio file   like a YouTube podcast is and an audio file.   It's a not with digital rights management.   It's not available to download   and it's not distributed via an RSS feed.   We can say, okay, a lot of these things   are not fulfilling the technical answer,   nor are they filling.   I think the the spirit of how   podcasting was created, which was with this   decentralised nature, with this permissionless   aspect, with being able to be self-sovereign   of your own content   and to provide a value transfer to your audience.  

Those were my own   definitions that I came up with there.   But I think those are what the, the,   the spirit was right   at the beginning of podcasting.   This was what it was all about.   So this is just an episode   to talk about what is a podcast.   And we can kind of see   the it's become a lot looser over the years   and the a lot of what people are claiming   to be to have a podcast   now, I don't think fulfils   either the technical definition of it   or if you're moving away from that   to the spirit of the word.   I think it's moving away from that   and which has been sad to see.  

Tune into the next episode to find out why   this is not going to be   a problem because podcasting   2.0 is coming along and helping   to reclaim this ground and make podcasting.   I'll keep podcasting   as awesome as it is and why these kind of   closed models   and trending away from openness   is not actually going to work in the long term.   So awesome.   Let's jump   now onto the Boostagram Lounge   because I've got a couple   of people I want to thank.  

[00:16:13] Unknown:

Welcome to the Value for Value.   Boostagram Lounge.  

[00:16:21] Unknown:

So coming in   right at the top here,   we have McIntosh and so I should explain   a boostagram   is a message that you can send   directly within your podcasting app   and that message will go to me.   Now typically this has a payment of money   attached to it in the form of Bitcoin   because you can do this digitally.   It makes so much more sense   from anywhere in the world   and it will reach me here in Australia   and you can send a message   and basically a comment on the show.   You can have some advice, you can have   a, you know, just a simple thank you.   A any of these topic suggestions,   all of these are welcome and we've see all of these   coming up in here.  

You can also do it on your desktop version   and if you go to meremortals   podcast dot com slash support,   I've got a little bit of an explainer there   showing you how you can do that.   So if you don't want to change your actual   podcasting app, you can do it via there.   So right at the top   we have McIntosh and he says Interesting,   your properties have   direct correlation with Bitcoin just saying.   And then he's got the emoji   with the little sweat icon and smiling.   Great work as always. McIntosh   from the Generation Bitcoin podcast.   He sent in his favourite 2100 sets   sent using fountain.  

And yeah, look,   I think I mentioned it   in the last episode Macintosh,   but I was   slightly altering things to fit   in these four properties.   You know, it didn't 100%   fit in nicely.   I had to kind of, you know,   shave off the corners   of a couple of things and squeeze it in.   But I think the look, the reason that that   these properties are important   is because they are the trends of some of the   I think they are the   the foundation points   of three of the biggest trends   that I see coming in these these next years.   This is, you know, podcasting   and the open access and accessible nature   of it, of Bitcoin, of being able to   use that in any country anywhere in the world   with no government telling you what you can   or can't do with your own money.  

And then also with the value for value model,   which is being able to,   I believe is the most ethical way of   of living in the world and earning money.   And I'll talk about this right at the end   when I'm kind of doing my value for value pitch.   We also have a message here from Comic comic one.   And he says, having   the audience fully fund the next episode's release   sounds like a potential pitfall.   The audience should not worry   about reaching a threshold at 2220 to quack, quack,   quack, a row of ducks using a fountain.   Yeah, Look cold.  

This was a good point.   As I was saying this,   I was kind of excited because I'm like,   I really like Chris Fisher.   I like his shows, and I was like,   Oh, this is really interesting.   I want to.   I want to see how this goes.   And I   will kind of keep us updated on how it does go.   But the more I reflected upon it, the more I went,   you know, how is this that much different from the   Patreon model where you have a paywall?   Yeah, it's it's kind of different   because you   there's no explicit   you can still   choose the amount   that you want to send into the show.   But I think it   it is like we're seeing with the perhaps   the podcasting it is maybe trending away   from the pure spirit of what value for value   is, which is I provide value upfront   and then you send me back what what you want.  

And I think this is maybe kind of,   you know, it's altering it because now it's saying,   you know, I'll provide you the value upfront   after you've after you've sent me in   a certain amount, which is obviously not   providing value upfront.   So yeah, it is kind of an inversion I think, of the   the fundamental aspect of value for value,   which is I do it upfront without expectations. So   look, I'll, I'll,   I'll keep an eye on it and I'll let you know.   But yes, I agree.   The more I think about it, the more I'm like, hmm,   maybe that's not 100% value for value. So   thank you very much for sending that in this as a   But then there is a blurry line   between goals and community.  

I just don't want to bother people   with my bills.   It's up to me to make it happen.   And then he sends in a satchel of riches   1111 using fountain once again.   And yeah, that's that's the other point   I've been discussing recently on the,   on my kind of main podcast, the models with   my co-host one.   And he is always he's   always been   a much more ambitious person than I am.   He's got big goals, big plans.   He wants to do these things.   He's very excited.   He's always got business ideas going on.   Whereas I'm   the more kind of slow and steady   and not wanting to get myself   mixed up in things   or make promises I can't deliver upon.  

And he was saying, You know,   what we could do is maybe,   you know, much like the   Chris Fisher is doing, we could have a fund.   And so if if we get enough in for a certain amount,   that will be able to fund us to go overseas   and to do these interviews and things like this.   And just   my initial reaction was like, no, I don't want   any part of that.   I don't want to make promises.   I would feel so uncomfortable sitting on   at any amount of money which people have sent in   to me and which   would have no guarantees of whether I would do   what I would say I was going to do.  

For me,   I think the best way to avoid scamming avoids   any conflicts of interest,   avoid anything   that could be misconstrued as the value for value.   I do it upfront   and it's just there   and it's out there and then I just get back   whatever people want to send me.   I think that's the way to go.   Once again, hold on for   until the end of the episodes   where you'll hear my   my real kind of spiel   on this and my real kind of conviction.   We have Peter coming in here.   Have you considered joining the crazies   on the No Agenda stream,   I think. MMO So I believe that's   Millennial Media offensive.  

Does Tues live at 6:30 p.m.   Eastern for two and a half hours   and bowl after bowl is on at 10 p.m.   Eastern might be tight 1,111% using fountain   to do things with this one.   I believe that   it is really tight   and there is even another show   in between those two, so   I don't think I'd be able   to squeeze in there on that.   The second and more important one is   it's kind of anyone allowed on there.   I don't really know the I know the no agenda.   The no agenda community is very strong   and they have this live stream set up.   And I can imagine   the more shows that they have on there,   the better, because then you just   don't have this kind of   not dead air time, but just replaying of of   old content where   whereas people,   you know, the point of having a live   stream is to have live live shows on there.  

But you know, I,   I don't tune in to no agenda that often.   It's maybe like once   every three months or something.   And it's always kind of for research purposes.   It is like anyone allowed to go in there.   Is there is there any kind of   I just don't want   to step on any toes or to be   accidentally   saying or not fitting into the spirit   of what that community is.   So because I'm not deeply involved in it.   So yeah, if you could   send me a boost in or let me know via other means   what, what is and what is not acceptable   to have on that stream.   But yeah, hell yeah, I'd love to do that   because at the moment   mine's just going on to the   blueberry one, which I'm very appreciative of and   I believe they just have on their episodes of the   Podcasting 2.0 and the Geek News Central   podcast just playing on there.  

So yeah, maybe, maybe that's a good idea.   I'm going to reach out to some people and do that.   So thank you.   Thank you, Peter.   And he sent in a satchel of Richards as well.   And then we have Gene   Bean coming in here right just before the   the podcast went live.   And he says   plus one to a show full of cops of pitches.   And I mean,   I assume he wants to say lots of pitches   and that is 5000 that sent using custom attic.   Great.   First of all thank you for that   Jim Bean And that is   I suppose the the Baller Brewster of this episode.   Very much appreciate it   and doing it on cosmetic as well   I really love to see that.  

Yes. Okay that seems to be a very common theme   that people want to hear.   So I am going to start accumulating value   for value pitches.   I'll start creating clips and for I'll perhaps   make that the end of this season   much like I did for the   end of season two, where I had,   you know, this huge split set up of 23 different   23 different splits, all of which were going to   people who I'd I'd created clips of in those shows.   So yeah maybe I'll, I will I will do something   like that.   So I'll start accumulating that from from now on.   So yes, thank you very much   for everyone who   sent in a boostagram and I really, really do   appreciate that it helps to fund all the audio   hosting that I'm doing here   to give me a bit of compensation for my time.  

But the most important thing   is to give me ideas, to give me   a couple of excellent things from there.   One, okay,   I should do you this show full of pictures and,   you know,   that's   given me a few new episode,   which I wouldn't have thought of before.   It's given me some ideas on   live streams and how I can reach out   to different communities and perhaps join   in different communities.   It's given me ideas of making sure that I'm not   talking about things   which aren't   exactly value for value and or which perhaps   are trending away from it.   And it's a good recommendation.  

And for keeping me to do that   and the,   you know,   one of the most important ones is just give me   encouragement, lets me know that those numbers   that I see   on my dashboard for, for stats,   which I actually don't look at,   I only saw them accidentally the other day   that it gives me encouragement.   Okay, There's there's actually   people listening in and they actually care.   So that's very, very much appreciate it.   Thank you everyone for for contributing to the   Value for Value podcast.   I'm going to talk about some tips   here, and I want to just take   a tip that I've learned recently   is taking some extra time to reach out   like I did with Cole   McCormick for episode 400.  

So the what we do at the models   is we have a kind of little   gamification system,   and this is very much part of the value for value.   So there's no   I guess once again, you could say this is a   no, no, no.   I think this is different   because I'm still   providing the   upfront value, which is the digital   content I'm putting out, i.e.   the podcast.   And I'm just asking you to contribute.   What I am saying is if you reach 100,000 sets,   so about $45 Australian of of donations of support   where you send out a shirt to you.   And so this we accumulate this   across multiple shows,   this being on the models, the book reviews this one   and potentially any others that we start   in the future.  

And I said   this recently on the episode 400,   which I had to the me and models was   I was going to do   just kind of an update because   many of the people who are contributing here,   Cole McIntosh and Jane Bean,   they're starting   to actually kind of reach high up on the, on the   the levels of, of   of getting to that kind of hundred thousand limit.   And I know   that two of them   actually have now broken that limit.   COLE Because he sent in a   massive bolivars to 50,000 the other day   and Macintosh.   I just believe with these last couple of ones   is has reached that level as well.  

And so I'll be sending out a special edition   model shirt out to them and the learning field   for me from this was   the sometimes with the value for value,   it can feel, especially when you're starting,   it feels like you've beat your you're begging   or you're pleading or you're being intrusive   or you're being weird or you're being annoying   when you're reaching out and asking people for help   and are, you know, I don't know what this is.   Perhaps this is   just a societal thing of of growing up,   at least here in Australia.   But I believe it's the same   in many of the Western countries and probably   many places in the world where   you don't want to feel like you're intruding upon   other people.  

And I don't think it's necessarily   a pride thing for me,   at least it it feels like it's more of a   I just don't want to be a drain.   I don't want to be a detriment to other people. And   this is one where I did take some extra time to to   reach out.   And I said to to call into Macintosh and being,   hey, if you check out episode 400,   then you'll know kind of roughly   where you are on the on the leaderboard and   and just like it's   that little bit of incentive   like if you want to send   in a bigger one to reach up to a shirt   you know   this is this is how much you have to go and   I think and look I could have done that   in better ways.  

I could have made it more explicit.   But I did do it in my own kind of ways.   And it did have results in a call centre   in a massive one, because he was like, Yes,   I want that t shirt.   All right, here you go.   His 50,000 stats to make sure I get there.   And I just think this is   a really important tip for people.   And this is not related to money wise.   This can be related to anything   if you're having a problem,   if you're struggling with something,   reaching out   and just asking a simple question   and obviously don't be rude about it.   But if there is something,   I think it's better to take some action   and just to go, I'm   just going to try this out here.  

Let me let me send out a message to this person   or this person.   And I think there is   a lot of value that can be gained   just in the ask and just of   just of reaching out, of just trying something.   And it isn't intrusive.   No begging, no pleading, no weird nor annoying   in the vast bulk.   And if you do if you do hit that limit,   then you can know, okay,   I am being one of those things.   Maybe I won't do it   by sending a messages off to someone in four days.   You know that that is maybe being a bit much.   So just a little tip there,   I think for the value for value   being   active and realising that   in the vast bulk of cases you want doing it.  

Another example I was trying to improve   the live experience here and so   I was   just checking out all of these apps   and as I'm doing it right now,   I was sending out some messages to   John Spurlock, who's got this boost bot   and you're saying   maybe the popping is getting delayed somewhere.   And Dave's writer   in any case, still,   since it still hasn't been written to hype,   no app will pick it up unless they manually   refresh the feed for another reason.   Feels looks good.   By the way, kudos to Todd at Blueberry.   So there's something going   on in the background which is   some of the   some things are breaking   in the background of this system,   which allows me to go live.  

Now, look, I'm just a an uneducated pleb.   I have no coding skills.   Technology I struck with the reluctant geek is   is the nickname I've kind of coined for myself.   But I was reaching out to all these people   and saying like, Hey, you're not doing this.   Hey, I think this is happening.   And it kind of felt   I didn't   want to be   intrusive on people, but the responses   I was getting was like, Oh, thank you.   I didn't even realise this was happening.   You let me know next time.   And so   that that was once again, just that, that tip,   which is just reach out to people   if you're having a problem   or if you think   that something is wrong or you can help out   in some way by providing feedback, I think do it.  

Just   just switch off that part of your brain,   which is feeling like   you might be weird or you're annoying.   Just do it, you know, follow the Nike,   the slogan that they have there.   Another thing I wanted to   highlight here,   and this is the kind of app   highlight which I a section   which I've talked about before,   I'm going to change it to the app   slash service highlight   because there's a lot of cool things   going on and services which you can get,   which will help you out   in your value for value journey.   And one which has been with me   right from the very   beginning is a service   called Satoshis Dot stream,   and they're pretty damn amazing.  

And one of the things that they do   and the service that they provide   is being able to filter out the messages   that people are getting in and sending in   to your show in a non-technical way.   Like I just mentioned, I'm not technically savvy.   I, I hate dealing with tech problems.   I hate software.   I hate   when my computer hardware blows up and I have to   try and fix it.   It's all painful to me and not enjoyable.   I don't like that problem solving.   And one of the great things about   the service is   you can get the messages from boostagrams.   So these messages   that people are sending in of, of support   and you can get it in a really accessible way   which you   probably already using or if not, it's   so simple to   connect with discord or to connect with Telegram.  

And so that's what they do.   They, they have this thing where basically   you have to get a   you have to own your own feed,   obviously, and and have access to that.   And basically they'll say like, look,   we just need you to prove   that you are in your feed by putting in this this,   this code into one of the episodes.   Once you've done that, it's like, okay,   what we will now do is any messages   that you have received as a boostagram   We will have this option for you to connect it   with your discord,   so it'll pop up automatically on you   on a channel in your discord   or on to a telegram channel that you have   with them called the Satoshi Stream Bot.  

And you can see all these messages Ding,   ding, ding, ding.   As I was reading this out,   I was reading all of these   from the discord which I've got set up.   And this is just amazing because I don't have to   know anything   about the Lightning Network or Bitcoin   to make this happen.   I just have to be able to   do some relatively simple copying and pasting   and following of.   So I will just say, if you're starting out   and you really like,   you know,   you're excited about the Boostagram messages,   but you're   kind of put off by the Bitcoin aspect   by the Lightning Network aspect,   I would just recommend   checking out Satoshis stream.  

You can find them on the podcast   index, Mastodon Add Satoshis stream.   If you go to podcast wallet dot com,   there is a link there which will show you   how to use Satoshis dot stream as well.   I use them for all of my shows.   I am not paid from them.   In fact, I am paying for them   because they take a 4% split   of whatever amount that I set up to them,   which at the moment is 10%.   I should probably make it higher to be honest,   because that the service really is really great and   honestly, I wouldn't have got this far in   the value for value of being able to support   myself monetarily through through these means   without them.  

So just a strong recommendation for them.   And yeah, once again, this is not a   an ad nor a sponsorship because I am paying   for them.   So this is going to get me onto my final value   for value section.   So I want to send I was mentioning Adam   Curry before right at the beginning.   So for this week, 15% of the show of for   this episode is going to Adam Curry   as once again a thank you for,   for creating all of this kind of to begin with   or being very instrumental in the creating of   of this accessible open   nature of this digital medium   which I use almost well I use every single day.  

And if you were hearing just before   it was on the Boostagram Lounge,   he helped create the jingle for that.   That is Adam Curry,   you know,   in that introduction section there.   So this is just a 15% to to thank him   for helping out and   my last little value for value pitch here is   I, I want to reiterate   just how important I think this is.   I am my conviction level of this is so high,   it's probably higher on anything   than I've ever felt before   when I first found value for value   and this model and what it would mean,   it kept me sleepless and it still does.   Finally enough the nights which it where I get   interrupted sleep other nights   before a value for value episode.  

So last night   I was kind of tossing and turning, so I was like,   What exactly do I want talk about today?   How am I going to structure it?   How can I reiterate just how important   I think this is and why I think this is going   to change so much so, so much.   Just the whole the whole   The only way I want to earn a living in   the future is is through a contribution   where people feel good about it.   I don't want them to feel like   it's a   they have to like there's a bit of like pain   when that when they're sending   some money or value to me in general.   I want them to feel good about it.  

And the only way I can see doing   this is through the value for value model.   Once again, the simplicity is   I provided upfront   and you don't have to   do anything if you don't want to.   If you don't get value from it, or   if the value threshold is not enough   for you to take action,   that is completely understandable,   reasonable, and incorrigible.   I don't think everything that everyone does in   the world should have to be paid for their actions.   No, they should be   or receive value for their actions.   No, I think there's plenty of things   where, once again, one   man's trash is another man's treasure.  

Things that I might be doing,   which I think are valuable,   you could find actually a detriment.   You would you would pay not to see it.   And so   this is where I think the value for value   model is so important and why It's the only way   that I want to do this in the future.   And once again, my conviction   level is is so, so high.   And this it's because it makes the world   a better place ultimately.   And that's kind of like   one of my guiding principles in life.   You know what?   If I'm thinking of doing things,   do I think this is going to make it better for   for everyone?  

Or it's kind of that North Star, will this help me?   Will it help other people? And I think it does.   I think this is one of the only things   where I I'm truly, truly convinced that this   there's no downsides for me   following value for value model   or if they are   the downsides   that I can tolerate,   I can tolerate the fluctuations of   of not knowing   how much I'm going to receive for an episode.   And once again,   it it it doesn't focus   just on the money, it's on the value.   It's these messages that I'm getting in   are so much more valuable than the amounts   that those that money sums up to in total.  

Now, look in the total.   Yes, it will help very much   and help cover costs and ultimately allow me   to live.   But that's all I want to do.   I want to just live from this.   I don't want to become a billionaire.   I don't want to become a millionaire from this.   I just want enough to be able to   to essentially keep doing what I'm doing now.   So, yeah,   just reiterating, you know,   my conviction level is so high on this   and this is why on this show,   there's never going to be an on across   any of my shows.   You will never hear and advertise a nor a sponsor.   And I will try and be as 100% transparent   with all of this as possible.  

I will go out of my way   to read out it basically every message to   to to show this is this is what I'm all about.   This is this is legit.   This is going to change the world.   And I think this is the way forward for.   But basically all not all digital content,   but for a lot of it, there is a huge room   for why this makes sense in music   and text and audio,   in anything in art, in   anything that is digital photography.   I Yeah, I think it's going to change the world.   So yes,   thank you everyone for, for tuning into the value   for value show for episode 41 here.  

I'm going to leave it up there   for the next episode Coming up.   I will be   you might have got a little bit   depressed about, Oh, no, you know,   podcasting is becoming closed.   It's losing all of these awesome things   which made it awesome.   But worry, not fear.   Not because we'll be diving into   what podcasting 2.0 is and why this is actually,   I don't want to say reclaiming.   It's just keeping what podcasting is all about   and what made it awesome in the first place.   So yeah, be prepared for that.   Tune in next week, live at UTC,   midnight or UTC plus ten   for the Australian Eastern Standard time   and on.  

Well, sorry I should make that clear. I am   sorry.   10 a.m.   UTC plus ten so 10 a.m.   Australian Eastern Standard Time,   which is UTC midnight   on that border   between the Tuesday and the Wednesday.   So thank you everyone for tuning in   and until the next time, chao for now, Kyrin out.