He didnt quite say that. He said "arguably worse than a shitcoin". You could argue that, but I think it's stretching. The life cycle of liquid is that it's 1 to 1 with bitcoin so the coins were created fairly by miners, rather than most shitcoins which print their own tokens. I guess the argument is that federations can steal, but that seems unlikely. Dont like that federation, than start your own with elements.
nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan "worse than shitcoin".
nostr:npub13ndpm2hm9hud4azsq5euhf5mv3d05r90wymwxsd7rdn29609hhvqp60svh
https://www.youtube.com/watch?v=IGP5suOcBck
(time 10:30)
nostr:npub109vfayn7595xzzxj5wd7kzgh5pygvf76cl72zmh8mqdvv8hdvrssme9kfa
Many YouTubers promote shitcoin like Liquid, nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8, nostr:npub1gu47n7fxfm4py48jktmu6tdqcvva4e87fntynuzzf62zxnw2e7tsc6907g from "Simple Bitcoin" or nostr:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252p from "Bitcoin university".
I think they don't see that they promote shitcoin.
Be focus what some YouTubers try to sell you!!!
#Liquid #shitcoin
Discussion
"I think it's stretching", True. Maybe I want to hear that...
I see many "YouTubers" cheering for nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan but not many people showing other site of this nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n "product" ...
"Print their own tokens" it doesn't change that they hold your Satoshi and gave you worthless token, just like shitcoin...
Block stream gave name and face to this product and suddenly liquid tokens are bitcoin...
The similar situation I see in Lightning Labs and stablecoin on Taproot...
People see big names and suddenly stop thinking...