First off, the user doesn't hold their own keys. Similar to fedimint, liquid is a multi-sig between a bunch of companies.
Liquid tokens are as ecash is.
Discussion
Sorry and second off didn't finish my thought lol, why are we making digital assets for? Is SQL databases not good enough for in game currency anymore? At least SQL doesn't have transfer fees lmao
Creation of digital assets allows conveyance to others and proof of control in ways SQL databases do not. Tradeoffs.