>I don't think bit coin is relevant though. For automated contract enforcement any payment API will work. Wether it's bit coin, or paypal in Estonian Kroon, the important part is automation.
Maybe you're not seeing the really important part of this; these contracts are cryptographically guaranteed. Any contract managed by Paypal is subject to human error, hacking, government interference, etc. It's not just automation; it's deterministic, mathematical, perfect automation.
Maybe you're not seeing the really important part of this; these contracts are cryptographically guaranteed. Any contract managed by Paypal is subject to human error, hacking, government interference, etc. It's not just automation; it's deterministic, mathematical, perfect automation.