Priuatus on Nostr: Let's not dilute the importance of the word shitcoin by using it to shit on ...

Let's not dilute the importance of the word shitcoin by using it to shit on everything that isn't pure bitcoin. You can think of the Liquid chain as a federated business. You should treat it as a third party and assess the risks of dealing with Liquid as you would assess the risks of dealing with any other third party. That means you shouldn't be comparing Liquid to Bitcoin but Liquid to a Bitcoin ETF (a centralized third party). The Liquid chain does have utility value for some people and businesses and while I'm a maxi and want to live in a world on the Bitcoin standard, that is not the reality today.