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A comment on Fe – An emerging smart contract language for the Ethereum blockchain. Parent comment

Re:Fe – An emerging smart contract language for the Ethereum... by dmitriid on Sunday December 05, 2021 @10:44AM (#29450069)
> defi is not far from replacing your consumer bank

Where "not far" you mean "as far as it is from Mercury to Pluto", then yes, not that far.

Easy question to gauge distance: how does defi handle refunds and enforcement?

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Re:Fe – An emerging smart contract language for the Ethereum... by Tenoke on Sunday December 05, 2021 @10:49AM (#29450111)
It differs from project to project. If you and your users want refunds or a specific type of enforcement there's nothing stopping you from writing the relevant logic in your smart contracts.
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Re:Fe – An emerging smart contract language for the Ethereum... by sanderjd on Sunday December 05, 2021 @11:42AM (#29450548)
Yep. I really think more usage of escrow type solutions will be an important next step for this to go mainstream.
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Re:Fe – An emerging smart contract language for the Ethereum... by dustingetz on Sunday December 05, 2021 @10:47AM (#29450096)
I don't have a refund or scam problem, what is enforcement?

I think this approach would work for me right now! The only remaining issue is if I can get a mortgage – but I already have one. Everything else (like cars) I can purchase outright

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