Post
Topic
Board Economics
Re: Can Bitcoin be programmed to process deferred payments?
by
people12345
on 15/09/2018, 19:27:26 UTC
Hi everyone,

I have a question:

Can Bitcoin be designed to make periodic repayments of lets say...consumer loans? And if not, can it be accomplished with smart contracts and are there examples?

Thanks in advance

Yes i think it can be accomplished since bitcoin have a transaction with the use of technology but it depends on how they manage it. and i think they design bitcoin as periodic repayment in the next several years. They should think first a smart  contract or way that everyone could access. They should have a strong platform before they implement it. It also depends on the agreement of management but i think it could be accomplished since they have a prior knowledge about bitcoin.