Replying to Avatar Iain Cheyne

I just listened to a podcast with nostr:nprofile1qqsrwtdqwltr2dps7dpatpfas5c3k07jwqvdt2pm3sdnj7uj2x8v0tqpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qy8hwumn8ghj7mn0wd68ytnddakslvtgu8 and nostr:nprofile1qqsvjdqxakpvyvgpnncajecq3p8aahcl04dr973k3vgtycxvdyv0fggpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qguwaehxw309ahx7um5wgkhqatz9eek2mtfwdhkctnyv4mz72sunye that explained that misty breez is non-custodial but that Liquid's trust model is a multisig. I think that's an acceptable trade off for cheaper fees and no channel management. Better than Wallet of Satoshi anyway. Most importantly it supports async payments.

a multisig to what? coins that aren't yours?? liquid is still custodial. it's sleight of hand. they let you own the keys to an IOU to make it feel like you own the keys to something.

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You're mostly right. Its not ideal but mainnet transaction fees and times are terrible and non custodial Lightning is far too fiddly and doesn't support async yet. 🤷‍♂️ Hopefully things will improve with time.