that's true – there's no cryptographic constraint on token issuance or maintenance of reserves. still, it's possible for a lightning channel to be stolen by your partner. from the user's perspective these look the same, but yes, one is far more likely than the other. in fact, the whole reason i started working on deposits was to solve problems in ecash. ultimately this is impossible by its nature, so i ended up building on lightning. labelling seems like a waste of energy. to me, even in a random mint, bitcoin is bitcoin – the probability of loss is a separate thing. if liquid wants a different name, that seems more like marketing than an inherent difference in the nature of what you hold