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Alternate title: '''How to create a rainy day fund for your artist.'''
During the Covid-19 lockdown, our artists have now lost a year's worth of income that would have come from public performances. Please support your artist by buying their music, joining their Patreon and tipping on their vlog live-casts. What the pandemic has exposed is that most successful indie artists have a core following of a couple of hundred engaged fans, the other 150,000 fans are apathetic and uninvolved. The following is for those super-fans who want to do a little more for their artist in the form of a rainy day account giving.
= Rainy day funding and risk warning =
= Why not just give the $100.00 or BTC to the artist? =
It's your money to give, but the concept is to create a rainy day fund that the artist does not use for daily expenses, taking advantage of Bitcoin's historical rise in value. With the Federal Reserve's target inflation rate of 2%, it does not make sense to save in dollars.
=Disclaimer=
This is not to be taken as financial advice and other than my personal account with Coinbase, I have no affiliation.