I quite dislike the word ‘monetisation’.
In Ep #10 we’re having a dive into why value should not be synonymous with money, and that they are actually completely different concepts. Is linking every activity and everything to money a good idea? What actually matters to you? How can we make money exit the conversation?
Timeline:
(0:00) - Intro
(0:55) - Definition of monetisation
(4:23) - Obsessed over the wrong thing
(8:38) - Boostagram Lounge
(10:57) - What do you actually value?
Big thanks to Chad F and Oscar Merry for helping to support the show, very much appreciated!
Value 4 Value Support:
Boostagram: https://www.meremortalspodcast.com/support
Paypal: https://www.paypal.com/paypalme/meremortalspodcast
Connect With Kyrin/Mere Mortals:
Website: https://www.meremortalspodcast.com/
Discord: https://discord.gg/jjfq9eGReU
Twitter/X: https://twitter.com/meremortalspods
Instagram: https://www.instagram.com/meremortalspodcasts/
TikTok: https://www.tiktok.com/@meremortalspodcasts
In Ep #10 we’re having a dive into why value should not be synonymous with money, and that they are actually completely different concepts. Is linking every activity and everything to money a good idea? What actually matters to you? How can we make money exit the conversation?
Timeline:
(0:00) - Intro
(0:55) - Definition of monetisation
(4:23) - Obsessed over the wrong thing
(8:38) - Boostagram Lounge
(10:57) - What do you actually value?
Big thanks to Chad F and Oscar Merry for helping to support the show, very much appreciated!
Value 4 Value Support:
Boostagram: https://www.meremortalspodcast.com/support
Paypal: https://www.paypal.com/paypalme/meremortalspodcast
Connect With Kyrin/Mere Mortals:
Website: https://www.meremortalspodcast.com/
Discord: https://discord.gg/jjfq9eGReU
Twitter/X: https://twitter.com/meremortalspods
Instagram: https://www.instagram.com/meremortalspodcasts/
TikTok: https://www.tiktok.com/@meremortalspodcasts
[00:00:01]
Unknown:
Hello, one and all, and welcome to another episode of the value for value podcast. My name is Kyrin, I'm a podcaster here in sunny Brisbane, Queensland, Australia. And I'm exploring the value for value model created by Adam curry. And now expanding on to a broader population of musicians, artists, people who are creating their own work and want to receive value for what they are creating out into the world. And value is an interesting topic, of course, hence the value for value. Podcast, I've got a twice in the title, so I must be interested in it in some way. And I think I'm seeing some common misconceptions coming in about what is value. And this is a problem I've been having for quite a while now, which is value gets equated with money. And so, Episode 10, the title for the day is why value doesn't mean money. And I want to explore this a little bit. So I'm going to start off with a slight definition of a word that's been creeping into the English language relatively recently. Monetization, what is monetization? So I actually look this up. And the wiki definition says, broadly speaking, the process of converting something into money, okay, it's no surprise that that's a pretty standard thing that you could expect. But I wanted to explore I guess, why is this gradual trend coming on off where everything needs to be turned into money or everything needs to be viewed in terms of money? So I have a question for you at home does 10,000 rupees bring you joy? Okay, what about approximately 12,000 Swedish kronor? Once again? Probably not. Because chances are you're not living in India, or you are not living in Sweden. Now in Australian terms, I think that was about $188, something like that. I just chose some random numbers. And this was actually a couple of weeks ago when I wrote this down. So the translations, the conversions of money aren't accurate. And that's sort of the point, I guess, is that, you know, money doesn't really bring you joy, does 10,000 rupees actually mean anything to you? No, no, not at all. And even when it's in your own language, you know, you can sort of understand what you can do with that thing, potentially, you know, I could potentially do this much with 198 Australian dollars. But does the actual money itself bring you joy? Do you feel better than having that in your account? And I think most people would probably say, Yeah, sure, it's nice, but it's a tool, I don't actually physically get enjoyment from the money, it's not like I have $198 worth of coins, or have paper notes in my possession, and I play with them, you know, they're not a, they're not something that I can intrinsically get value from.
From the actual money itself. Money is just a tool, it's used for exchange, it's used for all sorts of different things. And so I was sort of see it as a good midpoint to achieve or get something else. So you know, you want a bit more relaxation in your life help you you can go and buy some sort of comfort or, or something like that, or you want something that is going to bring you something novel interesting joy in your life. While you know what you could actually just go for a holiday, something like that. So I always see it as a Goodman midpoint. And the problem is, when it turns into everything, so you know, your time is now money, your hobby, your ideas, your work, your health, your environment, all of this is like how can I convert this into money? And I'm asking, you know, is that a good idea? Is that a healthy way to be thinking in the world? Oh, yes, I need I need to be able to get money from this, I need to get money from that. And I particularly don't like the even topic of money that much. So I always say, you know, it's better for me, if money is super boring, that means I'm actually probably doing good things with it in terms of actually making it grow. And when it's exciting, when it's fun. Usually, that means I'm getting fleeced or I'm doing something that maybe isn't great for the world as a whole and I'm you know, gambling or I'm doing whatever, you know, promoting some things that probably aren't super helpful.
And this is one thing that I hate about the word monetization, my monetization hate so yes, how can I convert this hobby that I'm that I'm doing into into money? It needs to be directly like why why are you even doing it if you can't convert it into money, and that's where it really irks me and so I'm noticing this trend and here's a another example it's not just me noticing this is as well which is if you look at the pod land episode on the 14th of October is the one with Genevieve Hassan and it was also mentioned in Episode 58 of the podcasting 2.0 podcast where she was talking about, yes, there does seem to be some sort of thing where if you have a podcast, and she was particularly talking about podcasts that everyone asked, you know, oh, so how are you making money from that? You know, what are you doing to make money and it's not viewed as a hobby, for example, it's not viewed as a sport like golf where you can just play it and no one's asking, how are you going to turn this playing into money. And so I really think getting stuck on just one thing can be almost destructive in a way even in your own mind, and particularly when it's something like money, God, I'm already sick of saying that word in this episode. So there's a something that came up recently for me when I was chatting with my dad is the universe 25. So this was a bunch of experiments, let's see if I can quickly bring up who it was done by John B.
Calhoun. And he was looking up these experiments doing these experiments with mice. And he'd essentially put them in a cage and you know, alter certain conditions in the cage, maybe you allow him to have more plaything. So it would have, maybe they would have more water, maybe they would have, etc, etc. And what he would tend to notice is like, they'd go through these peak population phases, where they're rapidly expanding their population get up to this point, and then they almost create destruction for themselves by overpopulating. By doing certain things and universe 25 was particularly interesting one, because lots of disruptive behavior started coming out from the mice. So this in particular is preening, they would become obsessed with their own beauty, and not, you know, mating, for example. So and this is why the populations would decrease rapidly, they would become too obsessed with something that isn't important, you know, is a now once again, you can make many arguments against this particular one thing, you know, it's just a one off study. So, you know, a human's going to be doing the same sort of thing, are they also going to be creating destruction for themselves? You could argue this with relation to the Greeks, you know, they became obsessed with their beauty with the, you know, sex with pedophilia with the young boys, things like this, all sorts of things. You can also look at many societies which undergo some sort of collapse. And you say, yeah, that's because they came, became too focused on this thing on something that didn't matter or something, they became blinded to the things that really matter. And I think that's a it's a good analogy. Maybe it doesn't hold up 100% with the data, because there's other things going on and other factors in play. But I think that's my main problem with with monetization it, it obfuscates what is important in life and ethics and morality, it's funny, you think it's so useless. Well, I used to think I was useless when I was a kid because I just could not understand how I could apply this to my day to day life. But I think the older you get, the more you you can start to see beneath the surface of why people do things why money is important. Why money isn't value. Like why by value doesn't mean only money, why value can mean other things like you know pleasant interactions in life and spending time with your family, the deeper things that actually bring you joy that bring you meaning all of the good things in life. So that was my little rant there. And it was more of a rant today this wasn't a super structured one like I have been doing some of my other episodes and yeah, I just wanted to bring that up now. Last week for the boostagram lounge we had a bit of a disappointing one because I didn't have any boostagrams to chat over but the audiences pulled through and and some clever marketing on my point has a has made that happen and I'll read that out in a second. But for now, I will give the long awaited Adam Curry clown world introduction for the boostagram lounge here we go totally insane you forgot your lounge. Oh yeah. Oh yeah. Man, he is truly a master at that on the fly creation of have a jingle of something funny. That is beautiful. So thank you Adam Curry for that and thank you to first of all chat F sad puppy boost this is what was left in my cosmetic wallet. Yes indeed.
The sad puppy is what brings in the dough the if you're ever if you're ever heard of cash, just bring up sad puppy somehow and it'll and it'll make things happen. So that was 2140 cent using custom Matic so no particular numerology that just whatever was left in as well it but very much appreciated. Thank you, Chad F and the other one was from Oscar Mary from fountain using film to an FM I'm sure Yep, 222 sets and he just says testing dot dot dot, hey man, if you want to test here, I'm more than willing to accept your tests. And I do appreciate that Oscar Oscar has been in communication with me I enjoy using the fountain app and been lots of fun diving into the world of, of developers and whatnot, scratching some of my itches with regards to how things can be created and understanding the infrastructure. And I guess the code behind what is becoming increasingly part of all of our lives, how, how things are operating, the things that you're getting shown in front of you in front of YouTube, the algorithms, all that stuff, it's, it's real fun talking with people who know what they're doing with that regard. And it's making me want to, to maybe start learning some who knows, we'll find out soon. So that was it for the boostagram lounge for this week. Thank you very much, everyone. Some requests to tip maybe, towards the end here of what I would ask for you for the the audience member listening. So what do you actually value? That's, that's my, that's my question for you today. And maybe you can even answer that in the boosta Gram if you want. You know, what? Are you seeing the same sort of things with regards to money taking over everything? Is it now you know, stepping outside? Why are you taking that path to work? How's that making your money? You know, I get frustrated, I get frustrated when I hear this stuff. Anywho, but I don't let it get me down. So yeah, you know, what's real to you? What is really valuable to you? Is it playing time with your kids? Is it hanging out with friends? Is it you know, doing exercise is doing something hard? Is it doing something easy? Maybe it can be all of these things? And, you know, how can you maybe make money exit the conversation?
That's one thing I'm looking for myself. So when I bring up to people that I'm a podcaster, I really actually am going to start thinking about how can I bring this up, and then immediately change the subject so that the question of money does not get involved because that would bring more joy to my life by not being able to speak of money, money is quite boring when you get down to it. Anywho that is it for today. All the usual things if you can try out a podcasting 2.0 app, particularly one, which has value enabled, so things like breeze curio caster fountain FM pod friend, there's the pod station, that's a desktop one Castamatic we've already heard from, that's an iOS one. Lots of fun ones even pod verse if you want to get into there. So lots of fun places to sensitize she's get used to the world of value for value. And if you have any questions that you want from me, you can find me at the mere mortals podcast that's my main channel that I do with a friend of mine one and yeah, if you if you go there, you'll you'll see lots of links and so that's on Instagram, and then you can also find us on Discord all those sorts of places, yada yada, I won't take up too much more time. That is it for today.
Thank you very much Kyrin out
Hello, one and all, and welcome to another episode of the value for value podcast. My name is Kyrin, I'm a podcaster here in sunny Brisbane, Queensland, Australia. And I'm exploring the value for value model created by Adam curry. And now expanding on to a broader population of musicians, artists, people who are creating their own work and want to receive value for what they are creating out into the world. And value is an interesting topic, of course, hence the value for value. Podcast, I've got a twice in the title, so I must be interested in it in some way. And I think I'm seeing some common misconceptions coming in about what is value. And this is a problem I've been having for quite a while now, which is value gets equated with money. And so, Episode 10, the title for the day is why value doesn't mean money. And I want to explore this a little bit. So I'm going to start off with a slight definition of a word that's been creeping into the English language relatively recently. Monetization, what is monetization? So I actually look this up. And the wiki definition says, broadly speaking, the process of converting something into money, okay, it's no surprise that that's a pretty standard thing that you could expect. But I wanted to explore I guess, why is this gradual trend coming on off where everything needs to be turned into money or everything needs to be viewed in terms of money? So I have a question for you at home does 10,000 rupees bring you joy? Okay, what about approximately 12,000 Swedish kronor? Once again? Probably not. Because chances are you're not living in India, or you are not living in Sweden. Now in Australian terms, I think that was about $188, something like that. I just chose some random numbers. And this was actually a couple of weeks ago when I wrote this down. So the translations, the conversions of money aren't accurate. And that's sort of the point, I guess, is that, you know, money doesn't really bring you joy, does 10,000 rupees actually mean anything to you? No, no, not at all. And even when it's in your own language, you know, you can sort of understand what you can do with that thing, potentially, you know, I could potentially do this much with 198 Australian dollars. But does the actual money itself bring you joy? Do you feel better than having that in your account? And I think most people would probably say, Yeah, sure, it's nice, but it's a tool, I don't actually physically get enjoyment from the money, it's not like I have $198 worth of coins, or have paper notes in my possession, and I play with them, you know, they're not a, they're not something that I can intrinsically get value from.
From the actual money itself. Money is just a tool, it's used for exchange, it's used for all sorts of different things. And so I was sort of see it as a good midpoint to achieve or get something else. So you know, you want a bit more relaxation in your life help you you can go and buy some sort of comfort or, or something like that, or you want something that is going to bring you something novel interesting joy in your life. While you know what you could actually just go for a holiday, something like that. So I always see it as a Goodman midpoint. And the problem is, when it turns into everything, so you know, your time is now money, your hobby, your ideas, your work, your health, your environment, all of this is like how can I convert this into money? And I'm asking, you know, is that a good idea? Is that a healthy way to be thinking in the world? Oh, yes, I need I need to be able to get money from this, I need to get money from that. And I particularly don't like the even topic of money that much. So I always say, you know, it's better for me, if money is super boring, that means I'm actually probably doing good things with it in terms of actually making it grow. And when it's exciting, when it's fun. Usually, that means I'm getting fleeced or I'm doing something that maybe isn't great for the world as a whole and I'm you know, gambling or I'm doing whatever, you know, promoting some things that probably aren't super helpful.
And this is one thing that I hate about the word monetization, my monetization hate so yes, how can I convert this hobby that I'm that I'm doing into into money? It needs to be directly like why why are you even doing it if you can't convert it into money, and that's where it really irks me and so I'm noticing this trend and here's a another example it's not just me noticing this is as well which is if you look at the pod land episode on the 14th of October is the one with Genevieve Hassan and it was also mentioned in Episode 58 of the podcasting 2.0 podcast where she was talking about, yes, there does seem to be some sort of thing where if you have a podcast, and she was particularly talking about podcasts that everyone asked, you know, oh, so how are you making money from that? You know, what are you doing to make money and it's not viewed as a hobby, for example, it's not viewed as a sport like golf where you can just play it and no one's asking, how are you going to turn this playing into money. And so I really think getting stuck on just one thing can be almost destructive in a way even in your own mind, and particularly when it's something like money, God, I'm already sick of saying that word in this episode. So there's a something that came up recently for me when I was chatting with my dad is the universe 25. So this was a bunch of experiments, let's see if I can quickly bring up who it was done by John B.
Calhoun. And he was looking up these experiments doing these experiments with mice. And he'd essentially put them in a cage and you know, alter certain conditions in the cage, maybe you allow him to have more plaything. So it would have, maybe they would have more water, maybe they would have, etc, etc. And what he would tend to notice is like, they'd go through these peak population phases, where they're rapidly expanding their population get up to this point, and then they almost create destruction for themselves by overpopulating. By doing certain things and universe 25 was particularly interesting one, because lots of disruptive behavior started coming out from the mice. So this in particular is preening, they would become obsessed with their own beauty, and not, you know, mating, for example. So and this is why the populations would decrease rapidly, they would become too obsessed with something that isn't important, you know, is a now once again, you can make many arguments against this particular one thing, you know, it's just a one off study. So, you know, a human's going to be doing the same sort of thing, are they also going to be creating destruction for themselves? You could argue this with relation to the Greeks, you know, they became obsessed with their beauty with the, you know, sex with pedophilia with the young boys, things like this, all sorts of things. You can also look at many societies which undergo some sort of collapse. And you say, yeah, that's because they came, became too focused on this thing on something that didn't matter or something, they became blinded to the things that really matter. And I think that's a it's a good analogy. Maybe it doesn't hold up 100% with the data, because there's other things going on and other factors in play. But I think that's my main problem with with monetization it, it obfuscates what is important in life and ethics and morality, it's funny, you think it's so useless. Well, I used to think I was useless when I was a kid because I just could not understand how I could apply this to my day to day life. But I think the older you get, the more you you can start to see beneath the surface of why people do things why money is important. Why money isn't value. Like why by value doesn't mean only money, why value can mean other things like you know pleasant interactions in life and spending time with your family, the deeper things that actually bring you joy that bring you meaning all of the good things in life. So that was my little rant there. And it was more of a rant today this wasn't a super structured one like I have been doing some of my other episodes and yeah, I just wanted to bring that up now. Last week for the boostagram lounge we had a bit of a disappointing one because I didn't have any boostagrams to chat over but the audiences pulled through and and some clever marketing on my point has a has made that happen and I'll read that out in a second. But for now, I will give the long awaited Adam Curry clown world introduction for the boostagram lounge here we go totally insane you forgot your lounge. Oh yeah. Oh yeah. Man, he is truly a master at that on the fly creation of have a jingle of something funny. That is beautiful. So thank you Adam Curry for that and thank you to first of all chat F sad puppy boost this is what was left in my cosmetic wallet. Yes indeed.
The sad puppy is what brings in the dough the if you're ever if you're ever heard of cash, just bring up sad puppy somehow and it'll and it'll make things happen. So that was 2140 cent using custom Matic so no particular numerology that just whatever was left in as well it but very much appreciated. Thank you, Chad F and the other one was from Oscar Mary from fountain using film to an FM I'm sure Yep, 222 sets and he just says testing dot dot dot, hey man, if you want to test here, I'm more than willing to accept your tests. And I do appreciate that Oscar Oscar has been in communication with me I enjoy using the fountain app and been lots of fun diving into the world of, of developers and whatnot, scratching some of my itches with regards to how things can be created and understanding the infrastructure. And I guess the code behind what is becoming increasingly part of all of our lives, how, how things are operating, the things that you're getting shown in front of you in front of YouTube, the algorithms, all that stuff, it's, it's real fun talking with people who know what they're doing with that regard. And it's making me want to, to maybe start learning some who knows, we'll find out soon. So that was it for the boostagram lounge for this week. Thank you very much, everyone. Some requests to tip maybe, towards the end here of what I would ask for you for the the audience member listening. So what do you actually value? That's, that's my, that's my question for you today. And maybe you can even answer that in the boosta Gram if you want. You know, what? Are you seeing the same sort of things with regards to money taking over everything? Is it now you know, stepping outside? Why are you taking that path to work? How's that making your money? You know, I get frustrated, I get frustrated when I hear this stuff. Anywho, but I don't let it get me down. So yeah, you know, what's real to you? What is really valuable to you? Is it playing time with your kids? Is it hanging out with friends? Is it you know, doing exercise is doing something hard? Is it doing something easy? Maybe it can be all of these things? And, you know, how can you maybe make money exit the conversation?
That's one thing I'm looking for myself. So when I bring up to people that I'm a podcaster, I really actually am going to start thinking about how can I bring this up, and then immediately change the subject so that the question of money does not get involved because that would bring more joy to my life by not being able to speak of money, money is quite boring when you get down to it. Anywho that is it for today. All the usual things if you can try out a podcasting 2.0 app, particularly one, which has value enabled, so things like breeze curio caster fountain FM pod friend, there's the pod station, that's a desktop one Castamatic we've already heard from, that's an iOS one. Lots of fun ones even pod verse if you want to get into there. So lots of fun places to sensitize she's get used to the world of value for value. And if you have any questions that you want from me, you can find me at the mere mortals podcast that's my main channel that I do with a friend of mine one and yeah, if you if you go there, you'll you'll see lots of links and so that's on Instagram, and then you can also find us on Discord all those sorts of places, yada yada, I won't take up too much more time. That is it for today.
Thank you very much Kyrin out
