Ep 41 | Building an Open Source Music Community with Roneil Rumburg of Audius

Richard Stallman, a Harvard educated software engineer, joined the MIT AI Lab in 1971 to help develop computing platforms… however the AI Lab shut down later in the 80’s as their talent was lost to the private sector. Seeing how closed, proprietary software was on the rise, Richard used the knowledge he had accumulated over the years to create public, open source software… Software that users could operate, debug, modify or tweak without altering the initial distribution terms. This movement: open source code… is now colliding with the world of digital commerce. Audius, a new, open source music streaming platform gives musicians the same rights to their distribution… And users can leverage programmable money like USDC to exchange value and services on the platform. In this episode of The Money Movement, Jeremy is joined by Roneil Rumburg, Co-Founder, and CEO of Audius.

Om Podcasten

The global economy is experiencing unprecedented change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains, forming a new architecture for the global economy and creating new opportunities for companies and people everywhere. Jeremy Allaire explores and chronicles the ideas and opportunities that are driving this new world of digital money through discussions with leaders in blockchain, crypto, DeFi, and financial inclusion. The Money Movement is brought to you by Circle and USDC. Our mission is to raise global economic prosperity through the frictionless exchange of financial value. Learn more about Circle and USDC at https://circle.com. Watch episodes, highlights and more at https://www.circle.com/en/the-money-movement.