Seconded. People are talking about a complete port of all the many messy pedestrian contracts of all day life, while missing out on the more practical opportunities programmable wealth has on offer in the networked digital ecosystem.
Bounty hunts.
Say, I am an activist, a revolutionary, or simply someone who wants the competition to go out of business. I want this website down, set up a cryptocontract that implements my bounty. People can join in and assign some more wealth to the contract’s escrow. The bounty will be transferred to whomever publishes his identifying key on the domain I want to see go down. Maybe I’ll include a clause that specifies an expiry date. Or I set a clause that such and such content should be published on the target domain. And so forth. Crowdfunded hacking attacks can become very soon very cheaply accessible, and consequently disrupt some very real-life existing social contracts…
Bounty hunts.
Say, I am an activist, a revolutionary, or simply someone who wants the competition to go out of business. I want this website down, set up a cryptocontract that implements my bounty. People can join in and assign some more wealth to the contract’s escrow. The bounty will be transferred to whomever publishes his identifying key on the domain I want to see go down. Maybe I’ll include a clause that specifies an expiry date. Or I set a clause that such and such content should be published on the target domain. And so forth. Crowdfunded hacking attacks can become very soon very cheaply accessible, and consequently disrupt some very real-life existing social contracts…