Taylor Swift is a smart woman. No one is arguing that. After all, with a net worth of $280 million, she must have some mind for business right? Oh yeah, she can also sing a little bit too. But T-Swift still has yet to embrace the growing ecosystem of cryptocurrency. That’s kind of strange considering she’d be the perfect ambassador for the technology. Here’s why.
WILL CRYPTOCURRENCY HELP ARTIST’S LIKE TAYLOR SWIFT?
Taylor Swift might seem like a “sell out” to you but that’s far from the truth. She’s a rebel at heart and is a firm believer in artist’s rights. This is exemplified by her public fights against Apple and Spotify in recent years. In 2014, Swift famously quoted that “music is art, and art is important and rare…valuable things should be paid for.” In her opinion, Apple Music and Spotify weren’t paying enough to the artists, producers and writers for their valuable work. This isn’t just a theory, It’s fact.
THIS IS WHY TAYLOR SWIFT SHOULD EMBRACE CRYPTOCURRENCY
According to Spotify, the average spay for rights holders on their platform is between $.0006 and $.0084. Good numbers if we’re talking about Bitcoin but this is USD. No, it’s not a joke. Spotify is taking advantage of the artist’s that keep their platform running. Now you see why Taylor Swift is so angry right? There is one surefire way to put the power in the hands of artist’s and it’s with cryptocurrency. Having a huge supporter like Swift behind this logic technology would be huge. She could be the face of a revolution that puts the control back in place. But how can she actually do this?
HOW WILL TAYLOR SWIFT CHANGE THE WORLD WITH CRYPTOCURRENCY
We are in the midst of technological change we haven’t seen since the birth of the internet. With unique platforms like YouToken, creators can advertise their ideas directly to investors without any interference. Using smart contracts, musicians can set their own terms and get paid fairly when their work is used in commercials, movies or anything else for that matter. Artist’s should have complete control over their work and with blockchain technology, they can accomplish that. Napster started the destruction of the modern music industry. Now, cryptocurrency and blockchain are here to finish the job.