So if your supervisor flakes out, you lose the money? There is definitely a flaw in that...
Show HN: Go Freaking Do It – Smart contract for reaching your goals
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Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#82Suggestion to make it with lesser scope, but with verifiable contracts, so you can automatically verify that it was done. I'd actually use that service myself :)
For example: 1) Run 10K on Strava. 2) Solve programming challenge on Codeforces/TopCoder. 3) Pass coursera class. 4) Have X bitcoins on your wallet 5) Check-in in some specific location.
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#83I had the exact same idea years ago. Eventually I found there are some shortage about it so I ditched the idea: - How to verify people achieved their goal (this website introduces "supervisor" but I'm not sure that's gonna work well) - You gain nothing from achieving goals, v.s. you lose money if you didn't - The gain (goal achieved, which can be done without losing money) is much less than lose (lose real money ), s…
I had the same idea too!
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#84So if your supervisor flakes out, you lose the money? There is definitely a flaw in that...
Or goes on vacation for a week. I wonder if there's a time limit for their response?
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#85Earlier quoted context omitted.
Our (Beeminder's) counterargument: https://blog.beeminder.com/anticharity/ Excerpt: Take my thoughts on this with a huge grain of salt, given my conflict of interest, but I really dislike commitment devices that destroy things — either information or other forms of value. StickK’s anti-charities seem the most egregious, actively harming the world. I’m certainly motivated to not allow the world to become a worse place…
> StickK’s anti-charities seem the most egregious, actively harming the world. That assumes that (1) there are "good" charities and "bad" charities, and (2) that most of Stickk's users are good people who end up benefiting "bad" charities when they fail. Point (1) seems hard to prove and point (2) is impossible to prove without detailed info about how Stickk is used. It seems like you're in this market, so perhaps yo…
Good points, but I don't think we need assumptions that strong. For example, if democrats donate to the republican party as an anti-charity and republicans donate an equal total to the democratic party, then probably democrats and republicans would all agree that that's strictly worse than nobody donating at all.
But more to the point, I'm just viewing it from the individual user's perspective. From your point of view, you're actively harming the world by donating to an anti-charity. It doesn't matter that those other wrong-on-the-internet people think your donation is doing good. :)
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#86I had the exact same idea years ago. Eventually I found there are some shortage about it so I ditched the idea: - How to verify people achieved their goal (this website introduces "supervisor" but I'm not sure that's gonna work well) - You gain nothing from achieving goals, v.s. you lose money if you didn't - The gain (goal achieved, which can be done without losing money) is much less than lose (lose real money ), s…
You gain nothing from achieving goals, v.s. you lose money if you didn't
One solution to that would be having the app share the money from the losers between all the winners (less a fee for running the app if you wanted to monetize it).
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#87Suggestion to make it with lesser scope, but with verifiable contracts, so you can automatically verify that it was done. I'd actually use that service myself :) For example: 1) Run 10K on Strava. 2) Solve programming challenge on Codeforces/TopCoder. 3) Pass coursera class. 4) Have X bitcoins on your wallet 5) Check-in in some specific location.
I think there is an Oracle problem here with trying to bring in data from external services
https://www.slideshare.net/mobile/InfoQ/blockchain-the-oracl...
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#88I had the exact same idea years ago. Eventually I found there are some shortage about it so I ditched the idea: - How to verify people achieved their goal (this website introduces "supervisor" but I'm not sure that's gonna work well) - You gain nothing from achieving goals, v.s. you lose money if you didn't - The gain (goal achieved, which can be done without losing money) is much less than lose (lose real money ), s…
You gain nothing from achieving goals, v.s. you lose money if you didn't One solution to that would be having the app share the money from the losers between all the winners (less a fee for running the app if you wanted to monetize it).
You know how the customers who pay the least are the most work? Well this idea creates customers who literally pay a negative amount. My sense from the erstwhile GymPact -- https://blog.beeminder.com/gympact/ -- is that those "customers" tended to be a nightmare.
Hence Beeminder rationalizing just keeping all the money! :)
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#89[deleted]
Re: Show HN: Go Freaking Do It – Smart contract for reaching your goals
#90I had the exact same idea years ago. Eventually I found there are some shortage about it so I ditched the idea: - How to verify people achieved their goal (this website introduces "supervisor" but I'm not sure that's gonna work well) - You gain nothing from achieving goals, v.s. you lose money if you didn't - The gain (goal achieved, which can be done without losing money) is much less than lose (lose real money ), s…
You gain nothing from achieving goals, v.s. you lose money if you didn't One solution to that would be having the app share the money from the losers between all the winners (less a fee for running the app if you wanted to monetize it).
Then every customer would have a financial incentive to always lie and say they completed their goals.
It's already iffy with the 'lose money if you don't meet them' approach, but if you could actually get a piece of all the users moneys, yeah, you might as well say you're a winner (or only create goals where you can easily win) and game the system.