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You're just claiming it's impractical today, not technically infeasible for any reason. 1. Pensions don't currently work like this There are many thousands of
by staunch 9y ago
You're just claiming it's impractical today, not technically infeasible for any reason.
1. Pensions don't currently work like this
There are many thousands of different pension systems across the world.
It stands to reason that you could create new system, and if it had significantly attractive advantages, people would use it.
2. Trusted oracles are a problem
Yup, we need more decentralized services that smart contracts can take advantage of. Wait a few years, they're coming.
3. Smart contracts are only useful for deterministic changes
Making deterministic change is precisely what you want. Do you mean statically defined? Because that's obviously not correct. And are you considering a new system specifically designed for pensions?
Virtually all innovative technology is "hype" until it isn't. I agree we have a ways to go.
- gnaritas 9y agoHence my final words, so far... > Making deterministic change is precisely what you want. Yes, but that's a problem when you have to interact with the real world which isn't.