@Adamback

I think it plainly explains exactly what I am saying. When it defines "#peg in".

The part that really scars me:

"Anyone that is running the #Liquid client is able to create a peg-in of Bitcoin to the Liquid

network, although only federation members are able to peg-out."

- direct quote from there own white paper.

Can't run on that #bank without permission. . .

We tell people that are new to Bitcoin to stay away from shitcoins so they don't get burned. And then we serve them this.

I was being factitious.

The information is on there site. If you can parse through the BS and extrapolate

They just never plainly call #Lbtc a #altcoin.

They use terms like "peg in/out" instead of "exchange" to deliberately deceive people.

Lbtc is not Bitcoin. It is a shitcoin pegged to the price of Bitcoin. And no one has sufficiently explained otherwise.

They won't answer directly because the truth is that it is no more "layer 2" than DoGE.

You don't really "host on nostr".

If you have a large pdf you need to share, you can host it on a static site and reference it here.

The easiest way is to just share a downloadable link.

Google drive

Dropbox

Github pages

If censorship is a issue:

Onionshare or torrent

Direct quote from the source you provided-

"Bitcoin providing the underlying security and value for the #BTC stored in the

Federation's multisig wallet"

-not my wallet. It's a federation of crypto company's wallet.

I think nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n dose more good than harm.

But calling #liquid BTC non-custodial is extremely dishonest and potentially dangerous to people who think they have Bitcoin.

Please correct me if I am wrong.👇

You are surrendering custody of Bitcoin in exchange for custody of Lbtc . You need permission from a federation member or supporting exchange to get Bitcoin back.

It's cool you guys are making tokens and securities. - And call them what they are. (These things are not productive and belong on shitcoins, away from Bitcoin anyway)

Moment of praise👇

You have done great work on the satellite & core-lightning.

nostr:nevent1qqs0lfggt4w2qg4wvdxxr00866kst0vvtfw6atax75st89f52thngkcpp4mhxue69uhkummn9ekx7mqzyzfzj3thn7fl6zeht8c32l3an73q707jf39c72702gx2eajf4amk6qcyqqqqqqgy2m5mp

V4V is not charity.

Would you like to buy some foot pics?

I just want to see what this dose.

https://photos.app.goo.gl/4fE6iZdrVQCy6PRP6

No, but your customers can.

I'm self-employed you're not going to catch me charging somebody $125 an hour plus a 200% markup on material with my dick in my hand.

Can someone please explain to me how #Lbtc is not a #shitcoin?

Explain to me like I'm 12.

I don't care if it's porn or cat memes. If I catch you on a job site scrollin, your fuckin fired.

I like it better when I goes down. I want more of it. What other people value it at is not relivent.

nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n

forgive me for what is probably a stupid question from a novice.

how much #trust is involved in to #liquid BTC other liquid assets?

I know I can get my Bitcoin back from lightning then an adversarial environment because I have the ability to close the channels myself.

hypothetically, if State actors applied enough pressure for liquid nodes + functionarys to shut down can I get my Bitcoin back yes or no?

if yes, can you explain to a 12-year-old how to do it?

Am I the only one who thinks the #nsfw tag is retarted?

I don't care if it's porn or cat memes. If I catch you scrollin on the job your fuckin #fired.

#791861

If you are an adult, why should I care?

If you are a child, where are your parents?

My businesses official NOSTR👇 my first shot at #Zapvertising. Come get these ⚡ zaps

(yes I know my nip 5 is down wtf nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424, nostr:npub12262qa4uhw7u8gdwlgmntqtv7aye8vdcmvszkqwgs0zchel6mz7s6cgrkj?)

nostr:nevent1qqs9hxrsh204kkelqssk28fqh2x0y8js76wn2sks93e6c6xd9rkuh6spz3mhxue69uhkummnw3ezummcw3ezuer9wcpzpxl4wt56jrhnare8znf6ch3p6z54n7r59f33r92rc028ad052tdzqvzqqqqqqyursk5x

I don't run damus either. Or a iphone.

@Amethyst dosnt have this kind of verbage. The insinuation that there is a backdoor capable of locking someone out. With a integrated wallet it seems double scetchy.

They are just gearing up for a mud hole.#murica

Why can't kids these days just sell drugs like they used to?

In my line of work the #demolition comes first.

#weldstr #welding