Rainbowstream config error fix

I have been playing around with a neat console based twitter client called rainbowstream. After installation and initial config I kept getting

Your ~/.rainbow_config.json is messed up:
>>> [Errno 2] No such file or directory: '/home/username/.rainbow_config.json'

errors when starting the client. The config in your home directory is for per-user customizations.

I tried touching an empty file in my home directory but I then received:

Your ~/.rainbow_config.json is messed up:
>>> No JSON object could be decoded

So then I found the default config in the rainbowstream app directory and copied it over top of the config in my home directory:

cp /usr/lib/python2.7/site-packages/rainbowstream/colorset/config ~/.rainbow_config.json

This worked perfectly and now rainbowstream doesn’t complain on startup anymore.

EDIT: Thanks to Naik for providing the updated paths for debian based distros in the comments below!