371. Are Podcasting 2.0 Micropayments Actually Worth It?

Podcasting 2.0 introduced a new way for your audience to support your podcast by sending micropayments. This is usually measured by satoshis (abbreviated as "sats"), which are one hundred millionths of a Bitcoin. As such a small portion of cryptocurrency, many people might wonder whether the effort is even worth the return.

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What is a micropayment?

The legacy problem with micropayments

Podcasting 2.0's "value" feature makes micropayments possible

The community value of the "value" feature

What are Podcasting 2.0 micropayments worth?

• USD/sats converter: https://www.kraken.com/learn/satoshi-to-usd-converter

Micropayments can be easier for your audience

Micropayments allow fun creativity

Compare micropayments to CPM-based sponsorships

• Clip from Ready Player One: https://www.youtube.com/watch?v=KpPE85Jogjw
• Research on cutting in line with a reason: https://jamesclear.com/copy-machine-study

Yes, micropayments from your audience are worth it!

Want a shoutout to participate in my own value4value exchange?

Listen to The Future of Podcasting to study this further

• https://futureofpodcasting.net/

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