What if someone started a real underground music label on the dark web. Bitcoin only, no banks, no streaming and no middlemen. Artists could drop music, earn for say 5 or 10 years, then the rights go to the public domain. No corporate ownership, no lifetime contracts.
Could a label like that actually work?
I think you’re describing an idolised world and ignoring the complications of resource allocation and practicalities around providing the trust required for efficient swapping of goods (ie. someone actually paying for the enjoyment of the music so the musician can eat).
most musicians are starving rn because of IP law and label monopolies on the industry. expecting this system to feed their bellies is the textbook definition of an idolized world