Heather Larson and Derek Ross make the case that HODL culture is killing value for value, trace how music and money got separated over the past 25 years, and share breaking news about PubPay bringing real-time zaps to speakers on the Bitcoin Conference open source stage. NosVegas is April 28!
In This Episode
NOS Vegas April 28: We All Scream nightclub, 517 Fremont Street, Las Vegas. Tickets $21: https://nosvegas.shakespeare.wtf/
Stream live at tunestr.io
PubPay (pubpay.me): zaps for conference speakers, now on the open source stage
Podster (podster.org): Derek's Nostr-native podcast hosting
The current class of Bitcoiners came for number go up, ETFs, and politician simping. They did not come to spend. Spend and replace is not a radical idea. Laszlo had to spend 10,000 Bitcoin to kick this whole thing off.
HODL culture has held value for value back. Derek spent a year walking up to Bitcoiners at events and explaining zaps. They thought it was cool. They did nothing.
The music industry broke over two decades. Cassingles were a dollar at Tower Records. Napster happened. Spotify arrived. Streaming separated music from money and made it seamless enough that no one thinks about what artists earn. Sara Jade made $700 in 30 minutes at a Phoenix show in 2024, paid in Bitcoin over Lightning. If she never touched it, the money doubled by year end.
Eliza MacLamb broke the Chaotic Good story before Wired. An independent musician beat the gatekeepers at their own game.
Live Nation and Ticketmaster will not be fixed by the government. The open source fix is already built. Heather got shadowbanned on TikTok for using the hashtag Ticketmaster. TikTok has a deal with them. None of this happens on Nostr.
Breaking news: PubPay is bringing zaps to the Bitcoin Conference open source stage. Every speaker received a step-by-step guide to submit to the PubPay dashboard. The audience can zap speakers in real time. PubPay will also be at NOS Vegas on the 28th for musicians.
NOS Vegas is April 28 at We All Scream, 517 Fremont Street. Talks at 7pm, live music, DJ Tatum Turnup upstairs. $21 tickets. Stream on tunestr.io.
There is a rumor about a special guest at the Bitcoin Conference. Contact has been made.
Chapters
00:00 Bitcoiners Came for the Wrong Reasons
01:52 Spend and Replace
03:34 HODL Culture Has Held Value for Value Back
04:50 Why We Hate the Term Value for Value
06:28 Proof of Work Applies to Musicians
07:08 From Cassingles to Spotify
09:44 Bitcoin Fixes the Music Industry
10:07 FM Rodeo and Stats by Southwest
11:29 What Bands Do to Make Money
13:45 Sarah Jade Is Playing with Jason Mraz Before Vegas
14:43 Streaming Won Because It Was Seamless
17:59 People Are Starting to Ditch Spotify
18:55 Eliza MacLamb Broke the Chaotic Good Story Before Wired
20:19 We Need Our Own Psy-Op
23:41 Why Supporting Content Feels Foreign
25:44 The Government Will Not Fix Live Nation
29:00 Bitcoin and Nostr Give Artists a Platform No One Can Take Down
30:41 Podstr and Radio Detox on Fountain
40:20 Heather Got Shadowbanned for Mentioning Ticketmaster
42:08 Why Decentralized Networks Fix This
43:38 Breaking News: PubPay Brings Zaps to the Bitcoin Conference
45:39 NosVegas Is April 28
51:37 Go to the Smaller Stages
54:01 Derek and Heather Have Not Seen Each Other Since Nashville
56:19 Derek's Vegas Plans and the Women's Bash
59:18 Bitcoin Is Trying to Hit 79K
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