Quote from: identtitentti on September 30, 2014, 10:50:03 AM

Quote from: newuser01 on September 30, 2014, 10:31:51 AM

Quote from: bibbit on September 30, 2014, 05:15:18 AM

Quote from: newuser01 on September 29, 2014, 02:08:15 PM

Is it true that if I buy XRP they can be taken from me without my consent? not by anyone but by the owners of Ripple

meaning that it is not decentralized and you don't really own any XRP.. you only share them with the owners and trust that they will not take them back?

No, that is not true. XRP is a crypto currency, and you need an account's secret crypto key to do anything with the XRP held by that account. The validator network validates the cryptographic signatures on transactions and only accepts those that are properly signed with the correct keys.

What about this?

https://wiki.ripple.com/Freeze

I wouldn't say you own XRP's if someone else can freeze them..

Good point but you didn't quite get it:

Quote

The individual account freeze feature is necessary to allow gateways to comply with regulations. The feature also allows gateways to hold funds when necessary. Finally, a gateway may permanently opt out the ability to use this feature.

If an account has currencies from multiple gateways, only the particular issuances from the freezing gateway are frozen. As XRP does not have an issuer, it cannot be frozen.

I missed that

but I still see Ripples/XRP as a centralized currency that is more in par with Fiat than cryptocurrencies..

Do you know the differences between Stellar and Ripples? to me, Stellar just looks like Ripples scam 2.0