[aranchelk]

I think recurring payments are a pretty good use case for smart contracts, you load up a wallet defined in the contract with some cash, similar to a prepaid debit card, then authorize scheduled payments specifying a recipient, a frequency, and an amount.

It’s not ideal for that type of derelict subscription business model (e.g. the gym), but neither are prepaid debit cards or virtual cards with predetermined spending limits, and they probably already contend with those.