Replying to Avatar Jeff Swann

Profit isn't a dirty word.

Liquid is just a sidechain, anyone can do the same thing. Having a place for a lot of the institutional trash to trade & do business without taking over the main chain is actually a good thing.

Better & more decentralized sidechains will be built.
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Gildong.Hong 2y ago

Profit is what drives entrepreneurs to act. I'm not saying it's a bad thing.

Decentralized sidechains which solve the scalability issue of #Bitcoin, fundamentally cannot exist.

Only blockchain that is affordable to be run by ordinary computers and have sufficiently distributed nodes is decentralized network.

As history has taught us, putting a tradeoff on money is unacceptable.

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Jeff Swann 2y ago

I think decentralized sidechains that solve the scalability problems CAN & will exist... It looks like we may get a trustless two way peg thanks to bitVM. Which means that we can have a nearly endless number of auditable sidechains (with different privacy benefits & tradeoffs) networked via Lightning bridges.