TradeFortress VERY untrustworthy, owes me 10.15 BTC, possibly others.

[DiamondCardz]

And you were abusing ripple system by a way it's not even meant to be used

How long does it take till Ripple shills recognize that it's a flaw in Ripple (valuing debt as binary)?

FYI you can trust very trusted parties ONLY (bitstamp for example) and you don't need to trust other individuals. You just need a link (usually via these super trusted parties that are actual well-handled companies in the real world.). Yes, it's debt only (except XRP that is not debt) and anyone can issue any currency debt in the network.
When you use MtGox or Bitstamp or any 3rd party system with your bitcoins, you're trusting them with your coins. This exactly same thing happens in Ripple. When you trust someone with your coins, you can't be 100% sure do you get them back when you want.

Did you actually trust someone in ripple that took the bitcoins that were trusted to you?

Ripple isn't supposed to work like that. OpenCoin WANTS you to trust all of your friends, et alii.

[1715276948]

1715276948

[1715276948]

1715276948

[Anduck]

And you were abusing ripple system by a way it's not even meant to be used

How long does it take till Ripple shills recognize that it's a flaw in Ripple (valuing debt as binary)?

FYI you can trust very trusted parties ONLY (bitstamp for example) and you don't need to trust other individuals. You just need a link (usually via these super trusted parties that are actual well-handled companies in the real world.). Yes, it's debt only (except XRP that is not debt) and anyone can issue any currency debt in the network.
When you use MtGox or Bitstamp or any 3rd party system with your bitcoins, you're trusting them with your coins. This exactly same thing happens in Ripple. When you trust someone with your coins, you can't be 100% sure do you get them back when you want.

Did you actually trust someone in ripple that took the bitcoins that were trusted to you?

Ripple isn't supposed to work like that. OpenCoin WANTS you to trust all of your friends, et alii.

No. You should only trust TRUSTED PARTIES. When you trust someone, it's basically giving them that amount of funds.

[DiamondCardz]

And you were abusing ripple system by a way it's not even meant to be used

How long does it take till Ripple shills recognize that it's a flaw in Ripple (valuing debt as binary)?

FYI you can trust very trusted parties ONLY (bitstamp for example) and you don't need to trust other individuals. You just need a link (usually via these super trusted parties that are actual well-handled companies in the real world.). Yes, it's debt only (except XRP that is not debt) and anyone can issue any currency debt in the network.
When you use MtGox or Bitstamp or any 3rd party system with your bitcoins, you're trusting them with your coins. This exactly same thing happens in Ripple. When you trust someone with your coins, you can't be 100% sure do you get them back when you want.

Did you actually trust someone in ripple that took the bitcoins that were trusted to you?

Ripple isn't supposed to work like that. OpenCoin WANTS you to trust all of your friends, et alii.

No. You should only trust TRUSTED PARTIES. When you trust someone, it's basically giving them that amount of funds.

Okay, so you trust all these "TRUSTED PARTIES". Then what happens if, say, Bitstamp ups and runs? (not that they will)

[Anduck]

And you were abusing ripple system by a way it's not even meant to be used

How long does it take till Ripple shills recognize that it's a flaw in Ripple (valuing debt as binary)?

FYI you can trust very trusted parties ONLY (bitstamp for example) and you don't need to trust other individuals. You just need a link (usually via these super trusted parties that are actual well-handled companies in the real world.). Yes, it's debt only (except XRP that is not debt) and anyone can issue any currency debt in the network.
When you use MtGox or Bitstamp or any 3rd party system with your bitcoins, you're trusting them with your coins. This exactly same thing happens in Ripple. When you trust someone with your coins, you can't be 100% sure do you get them back when you want.

Did you actually trust someone in ripple that took the bitcoins that were trusted to you?

Ripple isn't supposed to work like that. OpenCoin WANTS you to trust all of your friends, et alii.

No. You should only trust TRUSTED PARTIES. When you trust someone, it's basically giving them that amount of funds.

When you and all your friends trust TRUSTED PARTY (like Bitstamp now again), it doesn't matter if one of your friends or ALL OF YOUR FRIENDS end up to be scammers. You won't lose anything unless this TRUSTED PARTY fails you. All the transactions in the ripple network are routed through the link between you and your friends. You dont need to make the link straight to your friends and it's highly dangerous.

[🏰 TradeFortress 🏰]

Did you actually trust someone in ripple that took the bitcoins that were trusted to you?

What is your point? Are you friends with all your friends on Facebook and do you follow all your Twitter followers around in real life? Have you thrown your friends into circles when you added them to a circle on Google+?

[🏰 TradeFortress 🏰]

Okay, so you trust all these "TRUSTED PARTIES". Then what happens if, say, Bitstamp ups and runs? (not that they will)

You lose your money, which is not a question of if but rather when because Bitstamp is not complying with US fiat AML/KYC regulations, and eventually will be seized even if they're offshore.

[Anduck]

Did you actually trust someone in ripple that took the bitcoins that were trusted to you?

What is your point? Are you friends with all your friends on Facebook and do you follow all your Twitter followers around in real life? Have you thrown your friends into circles when you added them to a circle on Google+?

How is that relevant?

Just answer my question, please.

[Anduck]

Okay, so you trust all these "TRUSTED PARTIES". Then what happens if, say, Bitstamp ups and runs? (not that they will)

You lose your money.

Exactly. Same happens to everyone that has money at MtGox if Gox runs. Isn't that very obvious? If you have money on your paypal account and paypal runs, you lose your money.

[🏰 TradeFortress 🏰]

How is that relevant?

Just answer my question, please.

I trust anyone that asks for trust on Ripple. Are you going to say this is an "abuse"? Whatever.

[🏰 TradeFortress 🏰]

The simple fact is that I did actions that enabled other unrelated people to take BTC using a flaw in Ripple. It is ripple's fault for having that debt model.

[Anduck]

How is that relevant?

Just answer my question, please.

I trust anyone that asks for trust on Ripple. Are you going to say this is an "abuse"? Whatever.

So these people trusted you and you chose to trust someone too. The thing is, they trust you and you only, not the people you've chosen to trust.

This means you're the scammer if you don't pay your debts. If you loan money to someone and they don't pay you.. It doesn't give you the right to deny payback of debt to people who borrowed from you. You can't "transfer" loan. Do we agree?

[🏰 TradeFortress 🏰]

So these people trusted you and you chose to trust someone too. The thing is, they trust you and you only, not the people you've chosen to trust.

This means you're the scammer if you don't pay your debts. If you loan money to someone and they don't pay you.. It doesn't give you the right to deny payback of debt to people who borrowed from you. You can't "transfer" loan. Do we agree?

No. If you friend someone on Facebook you don't go to jail if you are not buddies with them.

Trusting someone is not a binding contract, it does not mean anything. It is not scamming if you trust someone that you don't trust.

[Anduck]

So these people trusted you and you chose to trust someone too. The thing is, they trust you and you only, not the people you've chosen to trust.

This means you're the scammer if you don't pay your debts. If you loan money to someone and they don't pay you.. It doesn't give you the right to deny payback of debt to people who borrowed from you. You can't "transfer" loan. Do we agree?

No, this does not. If you friend someone on Facebook you don't go to jail if you are not buddies with them.

Trusting someone is not a binding contract, it does not mean anything. It is not scamming if you trust someone that you don't trust.

Trust in ripple means that you're willing to loan them that amount of funds. Trust in ripple doesn't equal to being friends.

[🏰 TradeFortress 🏰]

Trust in ripple means that you're willing to loan them that amount of funds. Trust in ripple doesn't equal to being friends.

But that's pointless as it is a contractless loan, or more accurately a gift. I'm loaning them a perpetual loan with no repayment date.

This is why trust and debt in Ripple are meaningless - there are no terms whatsoever. In fact Ripple makes no distinction of BTC, USD, EUR other than the 3 letters, and people will claim that they mean ByTeCoin instead of Bitcoin, etc.

[Anduck]

Person A gives a loan to person B.
Person B gives a loan to person C.
Person C scams person B and doesn't pay the loan back.
Person B tells person A he won't pay back to person A because person C didn't pay person B back.

Is that how you do things in real life?
Nope, person B still has to pay back to person A even when person C scammed person B. If he doesn't, person B is a scammer too.

[🏰 TradeFortress 🏰]

Person A gives a loan to person B.
Person B gives a loan to person C.
Person C scams person B and doesn't pay the loan back.
Person B tells person A he won't pay back to person A because person C didn't pay person B back.

Is that how you do things in real life?
Nope, person B still has to pay back to person A even when person C scammed person B. If he doesn't person B is a scammer too.

No. I already paid "person A" with BTC on Ripple. I've clearly advertised my threads as Ripple Bitcoins, Bitcoins on Ripple, etc.

They are debt, but they have no terms and cannot be redeemed. They're also sent for free.

This is equivalent to selling something like.. Pirate BTC and the buyer complaining when they can't redeem.

[Anduck]

Person A gives a loan to person B.
Person B gives a loan to person C.
Person C scams person B and doesn't pay the loan back.
Person B tells person A he won't pay back to person A because person C didn't pay person B back.

Is that how you do things in real life?
Nope, person B still has to pay back to person A even when person C scammed person B. If he doesn't person B is a scammer too.

No. I already paid "person A" with BTC on Ripple. I've clearly advertised my threads as Ripple Bitcoins, Bitcoins on Ripple, etc.

They are debt, but they have no terms and cannot be redeemed. They're also sent for free.

This is equivalent to selling something like.. Pirate BTC and the buyer complaining when they can't redeem.

Total of 11 BC sent. Thank you.

You need to follow the steps before I can send you the BTC.

Sent a bunch of BTCs.

Just a few quotes by you from https://bitcointalk.org/index.php?topic=206948.0

Too bad I can't see the original first post because it's been edited and the topic is self moderated.

You mislead them purposely to think they would get something else than a DEBT issued by you.

[🏰 TradeFortress 🏰]

Total of 11 BC sent. Thank you.

You need to follow the steps before I can send you the BTC.

Sent a bunch of BTCs.

Just a few quotes by you from https://bitcointalk.org/index.php?topic=206948.0

Too bad I can't see the original first post because it's been edited and the topic is self moderated.

You mislead them purposely to think they would get something else than a DEBT issued by you.

1 free Ripple BTC giveaway - just post address!

This is in the title. It is impossible to not read it before go to the topic.

[DiamondCardz]

Person A gives a loan to person B.
Person B gives a loan to person C.
Person C scams person B and doesn't pay the loan back.
Person B tells person A he won't pay back to person A because person C didn't pay person B back.

Is that how you do things in real life?
Nope, person B still has to pay back to person A even when person C scammed person B. If he doesn't person B is a scammer too.

No. I already paid "person A" with BTC on Ripple. I've clearly advertised my threads as Ripple Bitcoins, Bitcoins on Ripple, etc.

They are debt, but they have no terms and cannot be redeemed. They're also sent for free.

This is equivalent to selling something like.. Pirate BTC and the buyer complaining when they can't redeem.

Total of 11 BC sent. Thank you.

You need to follow the steps before I can send you the BTC.

Sent a bunch of BTCs.

Just a few quotes by you from https://bitcointalk.org/index.php?topic=206948.0

Too bad I can't see the original first post because it's been edited and the topic is self moderated.

You mislead them purposely to think they would get something else than a DEBT issued by you.

In ripple, they were given 1 BTC. 1 Ripple BTC, which was clearly stated in the title. 1 Ripple BTC is a token worth nothing unless it is backed, I could write a piece of paper with "1 BTC" on it and it would have the same value.

[🏰 TradeFortress 🏰]

I could write a piece of paper with "1 BTC" on it and it would have the same value.

That'd have significantly more value for the paper it was wrote on.