Liquid is a transparent and federated sidechain. Adam Back cannot singlehandedly rugpull Liquid on a whim.
There are risk-reward tradeoffs with using Liquid. They’re completely transparent so I analyzed them and chose not to use Liquid.
Are all Bitcoin-related companies opportunistic? If yes, then agree to disagree. If no, then I’m curious what the difference is to you.
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That transparency is meaningless. Think about why the block size is not large, why we have to run our own nodes, why distributed ledgers are important.
Adam Back planted a backdoor and it reminds me Eth and the DAO. It doesn't really matter who will open the backdoor. There exists rug, it will be pulled.
That trade-off is unacceptable. It will repeat the history of gold. If you consider EO6102, I believe you can agree with me.
Of course, not every Bitcoin companies are opportunistic. For me, "freedom" is the key.
Also, not every opportunists are bad guys. I don't think Michael Saylor is malicious, I think he just wants to get rich and be a successful businessman. At the same time, I don't think he is good for Bitcoin and freedom. (I think that the others who I mentioned are bad for Bitcoin and freedom, though)