21 sats \ 1 reply \ @Svoboda 25 Jun \ on: How Does Bitcoin Cut Out the Rent Seekers of Society? bitcoin
Maybe? Unfortunately, I think it will remain fringe until participants are seeing similar realized earnings on the Bitcoin-based replacements.
Just take your record label and management company example. There are Bitcoin-based systems out there like Wavlake or the Value4Value movement that allow people to self-publish and self-release their music. However, if you look at the Top 40 on Wavlake, for example, the artists aren't making much.
Just added Wavlake, it really does need attention of a celebrity IMO for traction to pick up on that platform. People already are using the platforms they want to use (there are already too many). There needs to be a strong incentive for people to switch over.
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