[btilly]

With bitcoin you can do some surprisingly complex things. Such as move money into a fund that the other people can verify are there, which only pays out on a trigger condition.

[rohamg]

An escrow account? :)

[btilly]

Yes, but totally verifiable and automated. Which means less trust than a regular escrow account.

[DrStalker]

What triggers it being paid? Surely that part can't be automated, someone (or combination of someones) has to have power to say pay/don't pay.

[nanodeath]

Where's the best place to learn more about this?

[btilly]

https://en.bitcoin.it/wiki/Contracts would be a starting point.