Why? I've been trying to understand why bitcoiners think that liquid is a good thing. Once upon a time, we had gold. But it sucked to transport. So we made banks to store our gold in and they gave us receipts or tokens that we could trade...

Then we had Bitcoin. It was a new dawn. But everyone insisted on small block size which made transactions expensive. Then we created liquid so that we can place our Bitcoin and trade tokens instead...

I just don't get it. We're going right back to the banking model that Bitcoin frees us from aren't we? What am I missing?