About this episode
Bitcoin, Gary's Economics, Value-for-Value, Micropayments, Fountain, Content Creation, Monetization, Nostr, Attention Economy, Advertising, Community, Ownership.
Timothy Allen speaks with Nick Malster.
Nick is the co-founder of Fountain, a value-for-value podcasting app that enables Bitcoin micropayments. In this conversation we discuss the changing nature of work, critique popular economic views, and trace Nick’s journey from advertising to launching Fountain.
The discussion focuses on how the attention economy distorts content creation and how Fountain aims to realign incentives by letting listeners directly reward creators. We examine the challenges of moving away from traditional advertising, the promise of decentralized platforms like Nostr for content ownership, and the importance of community-driven models and subscriptions for long-term creator sustainability.
Enjoy the conversation.
SHOW SPONSOR: Veritas Village: https://www.ecovillages.life/freecities
Veritas Village is a phenomenal project in Panama, building off-grid, energy self-sufficient luxury homes for freedom lovers. Bitcoin is accepted at all villages, including for the purchase of property.
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TIMESTAMPS
00:00:30 – Introduction To Episode
0:07:06 – Conversation Starts
0:06:55 – Co-Working Spaces and Modern Work Culture
0:11:17 – Critique of Gary's Economics and Monetary Policy
0:20:20 – Current Government and Societal Cycles
0:25:03 – The Genesis of Fountain and Nick's Journey
0:35:59 – The Internet's Attention Economy
0:41:53 – Incentives for Listeners and the Value for Value Idea
0:45:55 – Advertising-Free Content and Subscription Models
0:51:55 – The Importance of Being Consistent
