I appreciate what nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n is attempting to do, and I can definitely see the benefits of Liquid for businesses

However, I think there are two major reasons why Liquid is not seeing much adoption with plebs:

1. There are only 15 "functionaries" that are able to peg you out. I understand this is a technical issue, but still very centralized.

2. Liquid offers "confidential transactions", but this is much different than "private transactions". Confidential means Liquid "hides both the type of assets and amounts that are transacted", but according to the website:

"The addresses of senders and receivers further remain visible as well and can be retraced like on the Bitcoin blockchain."

This means the government can still track payments, so Liquid wouldn’t help much if we need to support Canadian truckers.

Liquid is a great legal business, but the argument to "just use Liquid" for cypherpunk money is not good advice.