Awesome. Never thought the day would come where you could actually use your crypto to pay for music streaming services. The competition might become fierce in the long term, if decentralized Blockchain alternatives to Spotify or Pandora become a big hit within the mainstream world. As with anything, there needs to be demand for a Blockchain-based streaming service or it'll fail altogether. With the rising popularity of crypto, I'd bet that music streaming services powered by Blockchain technology will become as good as traditional ones which accept Fiat.
Imagine a high-fidelity streaming service using Blockchain technology competing with the likes of Amazon Music, Spotify, or even Pandora. While the tech is still not scalable for the whole world to use, it might be within a couple of years from now. I believe that people will be more inclined to use decentralized music streaming services than traditional ones. But time will tell us whenever this will happen or not.
As far as I know there have not been any crypto-payment streaming services yet which have made a good name for themselves. There is a project called Viberate whose ICO signature campaign I was a participant in and I am following them on telegram. But that is more for app development for a app to locate concerts and gigs.
You have to understand that with crypto users using piracy is the more important method. The users here are rarely going to pay for movies or music. They are likely to pirate it. So forget about paying which very few will, like Spotify in UK is popular with users here from UK.
But I expect bitcoin users are more of the p2p file sharing OGs out there.
Good point. Piracy is something we cannot avoid in the free world. While this is an illegal practice, most people don't care doing it. Piracy would negatively affect streaming services' business over the long term. Still though, not everyone takes the illegal route. In a legitimate world, ordinary people would pay for a music streaming service to listen to their favorite music. In the case of services which accept crypto, it's hard to believe they'll become a success. But if crypto continues to rise in popularity and mainstream adoption, you could expect music streaming services to become a big hit worldwide.
At least, the idea is there. But it's up to startups and companies to increase their development and marketing efforts to make this a worldwide success.