Oddbean

In a world where Monero exists there is no need for a sub par federated chain like Liquid. LN has a couple of attack vectors and a severe one has only been revealed yesterday. It's privacy is very limited in comparison to Monero. I use LN myself, but I will never entrust it with serious sums >$100. Plenty of services were built by Bitcoiners and later opened to other chains. The same is happening with Monero btw, where Cake and Stake started as Monero only to later open for more customer choice. Haveno is indeed a project many are wating for for a long time (1 year since ETA). But in the meanwhile bisq does a perfect job and I'd highly recommende it to everybody.

I don't have a problem with layer 2 or 3 as long as risks and trade-offa are well communicated. For a long time I criticised the attitude of many that layer 2 will savely scale us or bring us privacy or tokens or sidechains. It's simply not true today and it was not true almost a decade ago. There are trade offs and I am off the opinion that a base layer needs to perfect one thing and excel at it rather than trying to be everything for everybody. That's why Iove Monero. It does one thing perfect and improved on some of the things Bitcoin could have done better like a security budget for mining (tail emission is not about not having a fixed number of coins, but about known economic assumptions meaning fee markets are not a proven concept one should rely on for all ones networth).