Yes, you can use real ribbon. It will absorb oil from the bc or fondant though and discolor (darken) from it. Some decorators line the ribbon with wax paper and some just pregrease the ribbon so it'll be darker but at least the same color all over and be even.
"A good man can make you feel sexy, strong, and able to take on the world... oh sorry... that's wine... wine does that."
"You are only helpless when your nail polish is wet. Even then, you could pull a trigger if you had to."