The Music Industry Is Broken. Bitcoin Fixes It.
About this episode
Ainsley Costello discusses how Bitcoin and new platforms are transforming the music industry for independent artists.
Can Bitcoin fix the broken music industry? In this episode of the We Are Satoshi Podcast, musician Ainsley Costello shares how Bitcoin, Lightning, and value-for-value streaming helped her earn more from her music than years on Spotify. Discover how platforms like Wavlake, Fountain, and Nostr are creating a new future for independent artists.Most artists spend years creating music only to watch the majority of their income disappear to middlemen. Ainsley Costello experienced that firsthand. After earning just $750 from six years of streaming on traditional platforms, she discovered Bitcoin and everything changed.Ainsley became the first artist on Wavlake to earn 1 million sats, later earning 5 million sats from just two Bitcoin-powered livestream performances. Her story isn't just about Bitcoin—it's about ownership, direct relationships with fans, and a new economic model that rewards creators instead of platforms.In this conversation from Camp Nakamoto, we discuss:Why Spotify's business model fails independent artistsHow Bitcoin micropayments change creator economicsValue-for-value and why it mattersWavlake, Fountain, and the future of music streamingNostr and building an…
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