Because no one wants to pay for music anymore when you can get it for free. There will still be the die hard collectors that purchase vinyl but beyond that people are just not gonna keep paying. Blockchains like Steem, EOS and Muse will help fund artists that deserve to be paid for their hard work.
RE: Blockchain Basics and The Birth of the Middle Class Musician
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Blockchain Basics and The Birth of the Middle Class Musician
Indeed it will. Micropayments are the way forward for musicians!
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It will also just be the shift of power from the old guys in suits just looking for profits to the well informed blockchain supporters. The music industry will look very different in 5 years.
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