Replying to Avatar mike

Primarily because Liquid is federated and not totally decentralised. It requires a degree of trust, although there are many companies that are part of the federation.

Also Tether is a controversial addition, but makes perfect sense when you understand its use case.
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tank 1y ago

I’m just trying to understand the pros/cons vs. Fedimint. For both backends I’d be ok to trust the federation to store 100 dollars worth of spending money if I get decent privacy in return.

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mike 1y ago

I think both require trust and it’s up to you who you trust more.

Liquid has a defined trust level, fedimints very much depend on who operates them.

ac
aca7d345... 1y ago

I'm comfortable with significantly more than that on liquid with green wallet and a jade keeping the keys cold.