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The Inefficiencies Of The Hourly Wage System
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2025-01-02 at 4:59 AM UTCSmart contracts do not require legal entities or courts to enforce. They are self enforcing
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2025-01-02 at 5:03 AM UTC
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2025-01-02 at 5:04 AM UTCthis is why children shouldnt be in the interweb
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2025-01-02 at 5:09 AM UTC
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2025-01-02 at 5:23 AM UTC
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2025-01-02 at 5:52 AM UTC
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2025-01-02 at 6:19 AM UTC
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2025-01-02 at 8:05 AM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2025-01-02 at 2:47 PM UTC
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2025-01-02 at 2:50 PM UTChttps://www.reddit.com/r/ethereum/comments/zplkzh/how_could_smart_contracts_being_used_for_jobs_to/
In jobs, employees always need to sign a Labor Contract with employers.
What if we use smart contracts to replace such contracts ?
Or maybe one more step, there is no employee or employer in the job contract, only workers who get paid from smart contracts?
Before we go any further, let’s label such jobs as decentralized jobs or shortly Dejob(s).
In a Dejob, workers work off-chain, and get paid on-chain.
Unlike Defi, nobody will lose money in a dejob, only people who work to earn money.
It’s difficult to simply use smart contracts to replace labor contacts and keep the remaining conditions the same, as the whole system is using different rules.
To make an example, We assume in an online shop, the payment methods are not any traditional ones such as PayPal or Bank transfer, but a decentralized escrow implemented by smart contracts, and sellers can get paid by smart contract in a certain condition such as buyer confirming order received on-chain.
We can say the seller is doing a dejob.
Similarly, there are mods who resolve disputes in the above decentralized payment and get paid by smart contract, we can also say the mods are doing dejobs.
University of New Hampshire
The Gig Economy, Smart Contracts, and Disruption of Traditional
Work Arrangements Work Arrangements
https://scholars.unh.edu/cgi/viewcontent.cgi?article=1489&context=law_facpub
https://www.romanolaw.com/smart-contracts-what-are-they-and-will-they-replace-traditional-contracts/ -
2025-01-02 at 3:17 PM UTC
Originally posted by the man who put it in my hood https://www.reddit.com/r/ethereum/comments/zplkzh/how_could_smart_contracts_being_used_for_jobs_to/
University of New Hampshire
The Gig Economy, Smart Contracts, and Disruption of Traditional
Work Arrangements Work Arrangements
https://scholars.unh.edu/cgi/viewcontent.cgi?article=1489&context=law_facpub
https://www.romanolaw.com/smart-contracts-what-are-they-and-will-they-replace-traditional-contracts/
Egghead pipe dreams -
2025-01-02 at 8:27 PM UTC
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2025-01-02 at 8:29 PM UTC
Originally posted by the man who put it in my hood https://www.reddit.com/r/ethereum/comments/zplkzh/how_could_smart_contracts_being_used_for_jobs_to/
University of New Hampshire
The Gig Economy, Smart Contracts, and Disruption of Traditional
Work Arrangements Work Arrangements
https://scholars.unh.edu/cgi/viewcontent.cgi?article=1489&context=law_facpub
https://www.romanolaw.com/smart-contracts-what-are-they-and-will-they-replace-traditional-contracts/
fraud never happened before and cant happen in your magical smart utopia.
sure; -
2025-01-02 at 8:58 PM UTC
Originally posted by Charles Ex Machina fraud never happened before and cant happen in your magical smart utopia.
sure;
It would have to evolve and take on a new form. That's the point of technology, it's not utopian to solve problems with technology. Maybe the problem will go away or maybe it will turn into a different problem
I never claimed that this was some Alien technology that would solve all economic woes. It's simply a technology solution to traditional economic problems.
Fiat money was supposed to be the technological solution to the problems of a gold/resource based economy, the problem changed into things like hyperinflation. I don't know what the problems of tomorrow will look like, but people are already thinking about them now.
The difference is this isn't a movement of bankers or states but instead free market dynamics which is why it upsets you so much -
2025-01-05 at 3:19 AM UTC
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2025-01-05 at 3:19 AM UTC
Originally posted by ⠀⠀⠀⠀⠀⠀ You take a shitty job, you meet new people, you make new connections, you value those connections by making new connections, you move forward with new experiences, you work your way up, one step at a time. It's not the launching point or the destination that matters, it's the journey. Three steps forward, two steps back.
Some solid advice, awesome. -
2025-01-05 at 7:45 AM UTC
Originally posted by the man who put it in my hood It would have to evolve and take on a new form. That's the point of technology, it's not utopian to solve problems with technology. Maybe the problem will go away or maybe it will turn into a different problem
I never claimed that this was some Alien technology that would solve all economic woes. It's simply a technology solution to traditional economic problems.
Fiat money was supposed to be the technological solution to the problems of a gold/resource based economy, the problem changed into things like hyperinflation. I don't know what the problems of tomorrow will look like, but people are already thinking about them now.
The difference is this isn't a movement of bankers or states but instead free market dynamics which is why it upsets you so much
everyone that isnt a child knows that every contract, smart or otherwise, need the strength of human muscle and the threat of violence to enforce. -
2025-01-05 at 7:22 PM UTC
Originally posted by Charles Ex Machina everyone that isnt a child knows that every contract, smart or otherwise, need the strength of human muscle and the threat of violence to enforce.
Smart contracts offer a significant advancement in contract enforcement. Unlike traditional contracts that rely on legal systems and intermediaries like courts, smart contracts are self-executing.
You have to completely rethink how people would even go into a contract knowing that it's impossible to scam the other person. This is a fundamental overhaul of the economy and taking control away from the centralized banks and state regulators and giving it to the market.
The only problem you have with it is that you trust the banks/state more than the market itself. But more people are trusting the market everyday and we will soon be living in a "trustless" economy where trust doesn't factor into exchange at all.
Smart contracts solve the Byzantine general problem.The objective of Byzantine fault tolerance is to be able to defend against failures of system components with or without symptoms that prevent other components of the system from reaching an agreement among themselves, where such an agreement is needed for the correct operation of the system.
https://en.wikipedia.org/wiki/Byzantine_fault -
2025-01-06 at 12:57 AM UTCThey confiscated and banned gold and got clean away with it. They'll ban digital currency and get away with it, too.
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2025-01-06 at 1 AM UTCSell things that people really want.
