Better, "Bounty Collection as a Service", where sites can contract you
   to watch the contract space and notify them of bounties worth
   collecting for themselves. :)

   On 25 August 2015 07:53:15 GMT+01:00, Steve Kinney
   <admin@pilobilus.net> wrote:

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On 08/25/2015 01:32 AM, jim bell wrote:
[...]

     That technology is known as smart contracts—small computer
     programs that can do things like execute financial trades or
     notarize documents in a legal agreement. Intended to take the
     place of third-party human administrators such as lawyers,
     which are required in many deals and agreements, they can
     verify information and hold or use funds using similar
     cryptography to that which underpins Bitcoin.

     [...]

     One example is a contract offering a cryptocurrency reward for
     hacking a particular website. Ethereum’s programming language
     makes it possible for the contract to control the promised
     funds. It will release them only to someone who provides proof
     of having carried out the job, in the form of a
     cryptographically verifiable string added to the defaced site.

     [...]

     Contracts with a similar design could be used to commission
     many kinds of crime, say the researchers. Most provocatively,
     they outline a version designed to arrange the assassination of
     a public figure. A person wishing to claim the bounty would
     have to send information such as the time and place of the
     killing in advance. The contract would pay out after verifying
     that those details had appeared in several trusted news
     sources, such as news wires. A similar approach could be used
     for lesser physical crimes, such as high-profile vandalism.

     My first thought: What's to prevent the markets for contract hits
     on websites and public figures from being monitored by potential
     victims, and the bounties stolen by 'anonymous' parties, a.k.a.
     the proposed victims themselves, by simulating the trigger
     conditions for payouts?
     Really unpopular people could anonymously crowdfund actions
     against themselves then collect the loot, a nearly perfect crime.
     Ultimately, human judgment must have veto power over the automated
     decision processes - which would void the concept of an
     impersonal, automated payout process, bringing the reinvented
     wheel full circle.
     :o)
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