All of the examples you list require external trust outside the blockchain, making its use moot.
(Perhaps recurring subscriptions could be done without external trust, but I don’t think it helps the domain much.)
What makes you think I haven’t researched the oracle problem and hundreds of other things related to this space? Vitalik writes about tons of things in crypto, and so do I. I have been building solutions for years.
They are FREE. If you don’t like them, don’t use them. If you don’t have time to even read a summary digest of what they do, please don’t patronize others. I don’t have time to read about how GPT transformers work in detail, and you won’t find me condescendingly telling people to please read up on the AI alignment problem. And certainly not knee-jerk dismissing and downvoting EVERYTHING related to AI without even spending a minute reading answers to mu own questions !
I recently left a company that pivoted hard to building blockchain infrastructure because I couldn't find any way I could ever recommend my friends or family interact with the services the company was building. A lot of people are holding out for technical vaporware to solve these problems. I can't hold out anymore.
But you’d be wrong. First of all, each participant can control a small portion of the overall value (eg one vote in an election, or one student paying one teacher). Even if their keys are hacked, the real value is for the network itself to be secured. And the business logic to be followed no matter what! No corruption of the database, ever!
For example, UniSwap is a smart contract factory and you trust every instance that comes out of it to be an battle tested and heavily audited piece of code you can trust. As of right now we are forced to trust the value and control of YOUR ENTIRE NETWORK to a big tech company that has all the infrastructure. That’s the best we have today, like how we trusted the Post Office to deliver mail and not tamper with it, until SMTP got adopted over the Internet.
For more info, click here: https://community.intercoin.app/t/web3-moxie-signal-telegram...
Different people have different threat models.
Sure different people have different threat models. Perhaps some classes of users don’t have good solutions, but we are building apps for the mainstream.