From the Elements documentation (https://elementsproject.org/how-it-works), on top of which Liquid (https://liquid.net/governance) is built upon. By definition, it is the antithesis of #bitcoin, as it employs centralization in the hands of a few companies.

Sure, they try to mask it with a layer of democracy on top (through their annual 3 Federation Boards re-election), but don’t be fooled. It’s a #bitcoin masked version of a FED.

Stop trying to come up with solutions to problems that don’t exist. #bitcoin and #lightning already solve the entire monetary system. The only thing that we’re currently missing is a decentralised marketplace which runs on #bitcoin. And that’s currently being tackled by either CivKit (https://github.com/civkit/paper/blob/main/civ_kit_paper.pdf) or similar projects.

Focus on the right tech and disregard the rest. Otherwise we’re wasting all our collective time.