Is there a service or upcoming feature which lets you send Bitcoins to an address over a duration of time? I can write a script myself to send 1mbtc every day to an address and leave it running on my computer/server. But I was wondering if there was a service that does this already? Or can smart contracts do this, if so which one?
1 Answer
Seems like you're looking for an automated billing solution, or something along those lines. There may be others, but I know Coinbase has support for this. This is a screen shot from their online interface:
If it was a recurring payment in small amounts, you might also consider Micropayment Channels, so that the feels were not prohibitive. For larger, monthly or yearly transactions, though, the fees paid to the miners may not be as noticeable.