Music Industry Gets Creative with Songs About Bitcoin
In a testament to the growing mainstream acceptance of bitcoin, members of the music industry have decided to get creative and make up songs about the cryptocurrency. Some have been remaking existing songs to infuse a twist on bitcoin while others are coming up with their own compositions. For instance, in a new twist on Billy Joel's "Uptown Girl" an artist named Naomi Brockwell penned a song called "Bitcoin Girl" which is currently the most viewed bitcoin cover. It even features a music video where she plays a data-mining, Economist-reading modern woman lusted after by a man who's stuck....
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Music was once scarce. Before the days of MP3 and P2P file sharing, you didn't have the ability to hear songs whenever you wished unless you bought them. Today one does not even need to download songs, as platforms such as VEVO and YouTube host many of the most popular songs of yesterday and today. The industry was faced with a definitive problem in an age of liberal copy and distribution technology: finding new ways to monetize digital music files that lacked scarcity. A gang of computer programmers - united by the Bitcoin technology - are trying to revolutionize an industry after 15....
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Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments. Bitcoin Adoption Comes in Response to the Requests of Prescription Songs Creators According to Variety, Prescription Songs, founded by Dr. Luke (Lukasz Sebastián Gottwald), is now offering its roster of producers and songwriters the option to send payments in bitcoin (BTC). The feature is possible thanks to a partnership....
It's no secret that the music industry has been mired in controversy for raking in profits mostly for producers and record labels then leaving very little to artists themselves. This has been a prevailing issue, even as the rise in music streaming has offered more convenient and streamlined ways to listen to songs. Even Grammy-winning singer-songwriter Taylor Swift has spoken up about this issue when it comes to Apple's streaming services and has protested against Spotify's music streaming terms. Bitcoin enthusiasts say that the cryptocurrency might be able to solve all this. Bitcoin and....