chucklangstrumpf on Nostr: Isnt Liquid just a corporate Shitcoin? They own your BTC, you own their L-Token. They ...

Isnt Liquid just a corporate Shitcoin?

They own your BTC, you own their L-Token. They can censor your transactions on their network. It is not decentralized, the network is owned by a couple coporations.

Why should we go that path at all?

Whats the big difference to using WBTC on Ethereum?