dr.fred on Nostr: Joel Valenzuela @TheDesertLynx · 5h I haven't done a full deep dive into ...
Joel Valenzuela
@TheDesertLynx
·
5h
I haven't done a full deep dive into Blockstream's Liquid, but it's run by a federation (cartel), not a decentralized, permissionless, open-participation network.
And you can peg your own real Bitcoin in, but you need their permission to exit.
Like the Hotel California! 😬
Published at
2023-12-21 02:09:19Event JSON
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"content": "Joel Valenzuela\n@TheDesertLynx\n·\n5h\nI haven't done a full deep dive into Blockstream's Liquid, but it's run by a federation (cartel), not a decentralized, permissionless, open-participation network.\n\nAnd you can peg your own real Bitcoin in, but you need their permission to exit.\n\nLike the Hotel California! 😬",
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