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. Please share this episode from your podcast app or https://theaudacitytopodcast.com/micropayments 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/ ——— Start and grow your own podcast for passion and PROFIT! Learn more and follow at https://theaudacitytopodcast.com/ Know, engage, and grow your audience with the power of podcast reviews! https://mypodcastreviews.com/ FEEDBACK Call (903) 231-2221 Email [email protected] Send a voice message from https://theaudacitytopodcast.com/ MAILING ADDRESS The Audacity to Podcast PO Box 739 Burlington, KY 41005