> a multisignature wallet, that requires more than one person to sign off on a transaction before it can happen.
This is possible with bitcoin isn't it? What does the added complexity of ethereum bring to the table?
> payment schedules or any kind of transaction that does not function exactly like a one time, full size payment
This also seems possible with bitcoin, but it's also a problem that has already been solved better by the traditional payment system (e.g. netflix debits my credit card every month, why would I use a cryptocurrency solution instead?)
> more ambitious ideas, like the Slock.it ones, involve smart locks that hold funds while granting use to a resource, and only return them after access has been revoked
Can you go into specifics here? I'm not really understanding. It sounds like you're describing a kind of autonomous collateral system, but I can't really think of any practical examples where this would be useful (without bringing human judgement into the mix).
This is possible with bitcoin isn't it? What does the added complexity of ethereum bring to the table?
> payment schedules or any kind of transaction that does not function exactly like a one time, full size payment
This also seems possible with bitcoin, but it's also a problem that has already been solved better by the traditional payment system (e.g. netflix debits my credit card every month, why would I use a cryptocurrency solution instead?)
> more ambitious ideas, like the Slock.it ones, involve smart locks that hold funds while granting use to a resource, and only return them after access has been revoked
Can you go into specifics here? I'm not really understanding. It sounds like you're describing a kind of autonomous collateral system, but I can't really think of any practical examples where this would be useful (without bringing human judgement into the mix).