To expose and bring awareness to the flaws in the Ripple payment system, I am giving away 1 BTC on Ripple.

This is a social experiment. Therefore, posts not consisting of an Ripple address to send 1 BTC to will be deleted.

How it works

1. Register for a bitcointalk.org forum account if you haven't
2. Complete the following steps in your light (not a full node) Ripple client:



So you can copy and paste the address we're sending your bitcoin from, it's rH3bZsvVUhzugvcYuJVoSYCEMHkfK6wHNv

3. Post your address here. I will send at least 1 BTC to your address.

That's it!

I suggest reading RippleScam.org afterwards. Please note that you must exchange your bitcoins with an liquidity provider (Ripple does this automatically, when paths are calculated) in order to withdraw them from a gateway.

This social experiment has ended - here was the goals:

1) teach people that Ripple BTCs are not real BTCs
2) teach people that your BTC.* can be substituted for anything you trust, automatically

There was also mass invasion of ripple.com/forum posters. It's not too hard to figure out who they are. Keep this in mind:

1) I have not profited at all from this.
2) Anyone who lost BTC.* had their BTCs exchanged by other people.
3) Anyone who I sent a BTC to could have redeemed someone else's Bitstamp or whatever IOU.

Please read http://ripplescam.org/ to learn more!