Nostr Web Client

Well if it can’t exchange it for goods or services or another assets is it really worth anything? Just asking a question, who uses it? Where can you get it? It’s not on a CEX or DEX from what I’ve seen.

🍊🐝 2y ago

Unlike Stacks, which *requires* you to use their STX token, Liquid uses L-BTC which is the direct peg from BTC to interact with the network.

You can easily swap between Bitcoin and Liquid with services like [SideSwap.io](https://sideswap.io/peg-in-out/) and [BoltzExchange](https://boltz.exchange/swap) for Lightning and Liquid. Both of these are #nokyc.

Liquid is a tool, whether you need faster payments or more privacy; including your example of fighting against high fees. On top of that it's [federation](https://liquid.net/) includes many recognized #Bitcoin companies.

Liquid is not perfect, nor do I recommend it unless you have specific use case.

Stacks on the other hand is a shit-platform for shit-coins disguised as a layer 2, so that pre-mined tokens can get swapped for real btc by Stacks' creators.

Reply to this note

Please Login to reply.

Discussion

BTCrevolutionary 2y ago

No one is forcing anyone to become a stacks miner lol. They put up Bitcoin to mine the next block but that Bitcoin is being transferred to people who lock their stack in the protocol, not to stack creators.

L-BTC is a layer 2 that has its own token just like Stacks so I don’t get the point you are trying to make there.

Stacks is developing a peg in peg out system similar to L-BTC with the development of sBTC.

https://sbtc.tech/

I would argue that stacks has a larger number of developers than liquid but I can’t verify that.

Regardless if you don’t wanna by stacks you don’t have to lol it’s free market, do what you want with your money.