Pizza for ripples?

[tpantlik]

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?

[ribuck]

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]

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.

[Tirapon]

Wow, completely forgot about this! Glad to see it was completed