Hi Electrofermion,I'll address the rebuttal of my own statements, the final statement quoted was not mine.Quote from: Electrofermion on September 06, 2012, 11:46 am"therefore there is nothing they can do here"Illogical, even if the assumption is granted that there was not even an implicit agreement. Your excuse is a cop-out.There was no implicit agreement that SR Admins would enforce the terms of the contract. The logic holds fast then that there is nothing they can do here (regarding seizing ProfessorTwak's SR account - I believe it is obvious what I was referring to when my quote is read within it's surrounding context) to satisfy the terms of the contract written up and agreed to on the forum. The SR vendor : buyer contract does still stand regardless, though that is also affected by the fact that these transactions were Finalised Early.Quote"is out of the hands of SR staff"No it's not. SR has records of all the transactions and sales.The fact that SR has records of the transactions and sales does not negate my point that it "is out of the hands of SR staff"; any early finalisation is considered out of the hands of SR staff as the transaction is considered completed once the "Finalize" button is hit.Quote"there is proof of them scamming buyers"There is in the records. There have been no repayment transactions.Repayments can be from any source, specifically a wallet outside of Silk Road's own system, therefore making this a moot point - even if there were repayment transactions, SR may not have any records of them regardless. ProfessorTwak could simply get a new Bitcoin address / instawallet, send the money there from his other address and claim that it's your Bitcoin address and that he's repaid in full. Blockchain records wouldn't be any use there as it would just seem to back up his claim. The only way records would exist within SR is if the money was remitted directly to the creditors SR account, or sent to their SR Bitcoin address. As mentioned, these are not the only methods of payment available so records are a moot point.Quote"Loans, though, are essentially out of SR's scope."SR facilitates them buy having a whole section dedicated to them.SR does facilitate loans, but again taken in the context that it was written, loans are out of SR's scope in an enforcement sense once they're finalised.I hope that ProfessorTwak pays yourself, awakened350 and any others that may be involved, but to suggest that Silk Road has some sort of responsibility in ensuring that that happens doesn't make sense - as is stated everywhere, FE is a bad idea and SR has no power to help once FE takes place. I understand that FE is essential for loans, but loans must be looked at as in investment and with investments you never invest more than you can afford to lose, and you should expect to lose it all with any returns being a bonus.Still though, it is a very shitty situation and I hope it can be resolved satisfactorily.Quote from: awakened350 on September 06, 2012, 09:07 pmThere was in fact a listing on SR that we both purchased (well I did at least) so SR is making a commission on this. SRs policy is not to finalize early which I encourage all of my customers to follow but that policy clearly cant work with a loan so it is our responsibility to do the best research we can to ensure that the debt will be repaid. SR has been helpful and working with us but at this point it seems like they cant or wont do much more than contact twak and possibly suspend the account if he starts scamming others. However through all of this SR support has seemed to indicate that they believe twak will repay so maybe they know something we don't and maybe this will all end well. Who knows at this point.As for the people saying that nobody should be punished other than those involved. I agree entirely I made the choice to take this risk and I do not expect any bail outs. What I was referring to when I said we could be repaid out of the escrow money I mean that SR is in control of the escrow so they could hold it until it was finalized by the buyer and then give it to us instead of releasing it to twak. No changes in the escrow or buyer safety except it would go to the lenders and not to twak.The above hits the nail on the head - FE is the issue here, and the reason that SR is relatively powerless in this situation. The suggestion that SR use any funds coming out of escrow to satisfy the debt isn't a bad idea, but could possibly lead to a level of scamming, selective or otherwise, as the vendor would know they wouldn't be getting paid for the products sent out. I don't want to tarnish ProfessorTwak's name by saying this WOULD happen, only that it is a possibility.It would also set a dangerous precedent of SR Administrative staff acting as regulators / market enforcers, something that DPR abhors and something that has no place in an agorism based free market. The burden and responsibility lies on each of us to ensure that we are comfortable making the purchases and investments that we make here, and to realise that everything may not go as expected. That is what the escrow system is in place for, and as awakened350 has stated above, all should stay within the safety of it. Granted in the situation of a loan it cannot be used but you realise this when you're making the commitment to the loan in the first place. As a direct result of that, SR has no responsibility to sort out unpaid loans - if he starts scamming others then yes, they will take action, but their hands are tied at the moment as they did not agree to act as executors / enforcers of the terms of the private contract between ProfessorTwak and his creditors posted here in this very thread.- grahamgreene