I don't get liquid. How is it not just a shitcoin ecosystem running a btc affinity scam?

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It's like an exchange that gives you a token for your bitcoin, except there are many companies involved in the multisig that holds your bitcoin, so it's trusted, but not trust in one entity. The trust os spread.

It's inbetween self custody and full custodian in terms of risk.

Can one independently verify the tokens are actually backed by sats?

I haven't studied enough to know that, good question

BLOCKSTREAM IS A SHITCOIN COMPANY. LEARNED YESTERDAY THAT THEIR GREEN WALLET SUPPORTS LIKE 10 COINS 🤣 FUCK COCKSTREAM

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