Episode 240 - Could you get paid in Bitcoin to... walk?


Manage episode 262686442 series 2391148
By Brent Philbin, Karim Baruque, and Adam "Roothlus" Levy - The Cryptocurrency news nerds, Brent Philbin, Karim Baruque, and Adam "Roothlus" Levy - The Cryptocurrency news nerds. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

_Hello everybody and welcome to another episode of late capitalism, where the labor theory of value is VIOLENTLY becoming obsolete, because now you might be able to get paid in cryptocurrency to perform tasks such as walk, talk, cook (for yourself), throw a tennis ball against the wall, or even just exist. Wow. Tune in to hear the guys talk about sMiles, the weird yet intriguing project that promises all of the above, and find out a couple more unconventional ways to earn crypto on top of that._

  • sMiles app will let you earn Bitcoin for simple everyday activities such as walking or playing games.
  • The app is based on the Lightning Network, Bitcoin's second-level scaling solution.
  • “sMiles stands for sats&miles.
  • What is some sort of activity that could really benefit from this type of incentivizing? Cooking?

The startup, StandApp, will soon launch SMiles, an app that allows users to earn crypto for performing simple everyday activities. CEO of Shape Igor Berezovsky says he wants to make people healthier, wealthier, and happier.

Shape was started in 1999 and appears to be a company that makes apps. "SHAPE is one of a few startups worldwide that managed to develop more than one bestselling app." Started an app called IM+ that aggregates all your messages from all the different apps.

According to Berezovsky, users will get satoshis even for driving, although not as much as for walking since the app wants to promote a healthy lifestyle.

This got me thinking about the future. Is this one of the standards we are going to see over the coming years ? Brave was the first one to do this. Is this going to make users lazier or healthier? Like getting paid for Beta testing a video game? What's the incentive for getting paid for driving? Or running? Gamifying life seems dangerous but also kinda cool. Having sex?

What is the incentive for an app to pay for running? Is this the new model?

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