Summary: 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.<br> <br> Please share this episode from your podcast app or https://theaudacitytopodcast.com/micropayments<br> <br> ## What is a micropayment?<br> <br> ## The legacy problem with micropayments<br> <br> ## Podcasting 2.0's "value" feature makes micropayments possible<br> <br> ## The community value of the "value" feature<br> <br> ## What are Podcasting 2.0 micropayments worth?<br> <br> - USD/sats converter: https://www.kraken.com/learn/satoshi-to-usd-converter<br> <br> ## Micropayments can be easier for your audience<br> <br> ## Micropayments allow fun creativity<br> <br> ## Compare micropayments to CPM-based sponsorships<br> <br> - Clip from Ready Player One: https://www.youtube.com/watch?v=KpPE85Jogjw<br> - Research on cutting in line with a reason: https://jamesclear.com/copy-machine-study<br> <br> ## Yes, micropayments from your audience are worth it!<br> <br> ## Want a shoutout to participate in my own value4value exchange?<br> <br> ## Listen to The Future of Podcasting to study this further<br> <br> - https://futureofpodcasting.net/<br> <br> ———<br> <br> Start and grow your own podcast for passion and PROFIT! Learn more and follow at https://theaudacitytopodcast.com/<br> <br> Know, engage, and grow your audience with the power of podcast reviews! https://mypodcastreviews.com/<br> <br> FEEDBACK<br> Call (903) 231-2221<br> Email feedback@theaudacitytopodcast.com<br> Send a voice message from https://theaudacitytopodcast.com/<br> <br> MAILING ADDRESS<br> The Audacity to Podcast<br> PO Box 739<br> Burlington, KY 41005
