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?
Published at
2024-07-31 15:15:49Event JSON
{
"id": "b28f139aa97824a473d7ec811711a599316c0fcda06b78ee6170108e0cc85064",
"pubkey": "232950265e7a6eeb1b9ff0b802096ce2f794020d91317ece290eaf06919b4065",
"created_at": 1722438949,
"kind": 1,
"tags": [
[
"e",
"b399aaecf839834026f888fa9b8f205cdc26499761cfb5e2437bbe4ee9882af4",
"wss://nos.lol",
"root"
],
[
"p",
"dab6c6065c439b9bafb0b0f1ff5a0c68273bce5c1959a4158ad6a70851f507b6"
]
],
"content": "Isnt Liquid just a corporate Shitcoin?\n\nThey 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. \n\nWhy should we go that path at all?\n\nWhats the big difference to using WBTC on Ethereum?",
"sig": "36c1eed0fc6d35f8b094242092b4c37313b238a10962dbb94cb6e1643bc945d358cc9120dbb311dcf4b06bc2ddb7aadd2354366cdf802703a00e314ea3f211fb"
}