Bitcoin Forum
May 08, 2024, 01:14:59 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Pizza for ripples?
Pages: « 1 2 [3]  All
« previous topic next topic »
  Print  
Author Topic: Pizza for ripples?  (Read 2980 times)
tpantlik
Full Member
***
Offline Offline

Activity: 136
Merit: 100


View Profile
March 07, 2013, 08:10:23 PM
 #41
This would be more exciting:
Ribuck issues IOUs on BTC for fuzzybear(fuzzybear trusts only Tirapon up to 2pizzas) in exchange for two pizzas. Fuzzybear exchange ribucks IOUs with Tirapon(he trusts ribuck up to the price of 2pizzas) for two pizzas. Later Tirapon exchange IOUs with ribuck in exchange for 2pizzas. Is it possible?
Gods sent us a powerful tool - cryptography - to fight with those who are trying to exploit us. USE IT!!
1715130899
Hero Member
*
Offline Offline

Posts: 1715130899

View Profile Personal Message (Offline)

Ignore
1715130899
1715130899
Reply with quote  #2
1715130899
Report to moderator
1715130899
Hero Member
*
Offline Offline

Posts: 1715130899

View Profile Personal Message (Offline)

Ignore
1715130899
1715130899
Reply with quote  #2
1715130899
Report to moderator
1715130899
Hero Member
*
Offline Offline

Posts: 1715130899

View Profile Personal Message (Offline)

Ignore
1715130899
1715130899
Reply with quote  #2
1715130899
Report to moderator
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715130899
Hero Member
*
Offline Offline

Posts: 1715130899

View Profile Personal Message (Offline)

Ignore
1715130899
1715130899
Reply with quote  #2
1715130899
Report to moderator
1715130899
Hero Member
*
Offline Offline

Posts: 1715130899

View Profile Personal Message (Offline)

Ignore
1715130899
1715130899
Reply with quote  #2
1715130899
Report to moderator
ribuck (OP)
Donator
Hero Member
*
Offline Offline

Activity: 826
Merit: 1039


View Profile
March 07, 2013, 09:13:30 PM
 #42
tpantlik, you are correct. So far we have only supported the pizza industry by using the XRP part of Ripple.

Someone else can be the first person to get pizza using unenforceable debt created from nothing. That would be more exciting.

Ripple is made for stuff like that. No reason why it can't happen.
tpantlik
Full Member
***
Offline Offline

Activity: 136
Merit: 100


View Profile
March 07, 2013, 09:36:41 PM
 #43
That part about trust relationships in ripple is a little irritating thing in this concept. But if defaulted IOUs can be enforced externally like "U will not pay me for this IOUs, we are done as a friends" should work. Maybe not. But imagine some kind of collective enforcement like government legal approvement (I hate state  ;-), this is example) it will be more interesting than Bitcoin. B4 that there will be probably only gateways to address this.
Gods sent us a powerful tool - cryptography - to fight with those who are trying to exploit us. USE IT!!
Tirapon
Hero Member
*****
Offline Offline

Activity: 898
Merit: 1000



View Profile
September 15, 2013, 12:16:01 PM
 #44
Wow, completely forgot about this! Glad to see it was completed  Smiley
Pages: « 1 2 [3]  All
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Pizza for ripples?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!