Wednesday, February 8, 2023
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Bitcoin

Musicians to Get Music Royalties Paid in Bitcoin

by Crypto News
October 12, 2021
in Bitcoin
0
Musicians to Get Music Royalties Paid in Bitcoin
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Bitcoin is music to musicians’ ears – not less than for a few of them.

Bitcoin and cryptocurrencies are continually teetering on the knife’s fringe of promise and peril – the place holders need to use the digital choices to transact and receives a commission. But the worth volatility of those identical choices makes it onerous to find out simply what an alternate is price.

Timing, as with a lot else in life, is every little thing.

Changing bitcoin into fiat on the “proper” second can symbolize a windfall, giving the holder buying energy far above the place she or he initially purchased the crypto. The reverse situation may be true, too.

In an indication that cryptos are inching additional into the mainstream, Coinbase said this week that it’s partnering with UnitedMasters to allow the music distributor’s musicians to be paid in cryptocurrencies for the music they create.  The musicians themselves can select to be paid in U.S. {dollars} or cryptos, in complete or partially.

“The artists may make the most of Coinbase’s full set of product choices — together with spending, incomes, buying and selling and borrowing — to assist them to do extra with their crypto,” Coinbase stated within the launch.

To make certain, there isn’t any scarcity of on-line platforms that guarantee funds get to creators. One instance is Patreon, which matches six million month-to-month energetic patrons with greater than 200,000 creators, enabling funds by conduits like PayPal.

For Coinbase, the partnership represents a strategy to get new customers onboarded into the crypto ecosystem it’s creating.  The information of the partnership with UnitedMasters comes quickly after Coinbase stated it is going to supply direct deposit within the U.S., enabling prospects to deposit a part of their paycheck into their Coinbase account. Late final month, the corporate stated accoun-holders can choose to receives a commission in any of the 100+ cryptocurrencies out there on Coinbase, or in U.S. {dollars}.

Learn additionally: Paycheck Deposits Coming Soon to Coinbase Accounts 

Taking part in the Timing Sport 

As to the timing points: It could be the case that the musicians – and any artists that look towards embracing crypto slightly than {dollars} (or some other onerous currencies) paid instantly into their accounts – are enjoying a little bit of a ready sport. In different phrases, these recipients are making an implicit guess.

The guess is that by holding onto the crypto, whether or not bitcoin or an alternate holding, they will wait till the worth will rise, convert that crypto into fiat at a fascinating value level after which spend the money. This additionally implies that they’ve sufficient disposable revenue to park in accounts held by the alternate, and play that ready sport.

The reverse state of affairs is definitely true – the place the crypto holdings’ worth can drop precariously, and the musician or artist can see the worth of that account shrink markedly. It’s a dangerous proposition, to make certain.

Familiarity could breed confidence in embracing cryptos in on a regular basis use instances. As famous in latest PYMNTS analysis, 18% of the grownup inhabitants is probably going to make use of cryptocurrency to make a purchase order — some 46 million customers, together with 17 million non-owners.

Learn additionally: BitPay Study: How Consumers Want to Use Crypto to Shop and Pay in 2021 and After 

——————————

NEW PYMNTS DATA: DIGITAL BANKING STUDY – THE BREWING BATTLE FOR WHERE WE WILL BANK

About: Forty-seven percent of U.S. consumers are shying away from digital-only banks due to data security worries, despite significant interest in these services. In Digital Banking: The Brewing Battle For Where We Will Bank, PYMNTS surveyed over 2,200 consumers to reveal how digital-only banks can shore up privacy and security while offering convenient services to satisfy this unmet demand.



Source link

Related articles

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

January 3, 2022
Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

January 3, 2022
Share76Tweet47

Related Posts

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

by Crypto News
January 3, 2022
0

13 years in the past at the moment, bitcoin formally launched after what's often known as the Genesis Block...

Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

by Crypto News
January 3, 2022
0

Textual content dimension Bitcoin's latest tumble might need brought on a rise in buying and selling quantity for Coinbase....

Now there are 3 provinces in Argentina that tax bitcoin – CVBJ

Now there are 3 provinces in Argentina that tax bitcoin – CVBJ

by Crypto News
January 3, 2022
0

Key details: La Pampa will cost Gross Earnings to all industrial actions with digital currencies. As in different provinces,...

I bought Bitcoin from PayPal. Here’s what happened

I bought Bitcoin from PayPal. Here’s what happened

by Crypto News
January 3, 2022
0

There isn't a doubt that cryptocurrency has traction within the monetary world. As of the second I am penning...

Multisig Setup Saves Bitcoin Stack from Home Burglary

Proof Of Keys Day And Quantum Computing

by Crypto News
January 3, 2022
0

When Satoshi Nakamoto mined the genesis block 13 years in the past right now, giving rise to the Bitcoin...

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

October 22, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

February 8, 2023
ETHEREUM TO FAIL? #Shorts #YouTubeShorts #crypto #btc #ethereum

ETHEREUM TO FAIL? #Shorts #YouTubeShorts #crypto #btc #ethereum

February 8, 2023
BU HAFTA ALIM YAPILACAK EN İYİ 7 POPÜLER ALTCOİN!🚀AYI SEZONU ÖZEL YATIRIMLIK GÜNCEL ALTCOİN SEPETİ!🔥

BU HAFTA ALIM YAPILACAK EN İYİ 7 POPÜLER ALTCOİN!🚀AYI SEZONU ÖZEL YATIRIMLIK GÜNCEL ALTCOİN SEPETİ!🔥

February 7, 2023
Meet the Youngest Bitcoin Billionaire $100,000,000 Car Collection !!!

Meet the Youngest Bitcoin Billionaire $100,000,000 Car Collection !!!

February 7, 2023

Recent News

XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

XRP Ripple: We Are Seeing The Lowest Numbers On XRP Prices That We’ve Ever Seen! (Wake Up!)

February 8, 2023
ETHEREUM TO FAIL? #Shorts #YouTubeShorts #crypto #btc #ethereum

ETHEREUM TO FAIL? #Shorts #YouTubeShorts #crypto #btc #ethereum

February 8, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News