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 Honest question about Liquid… what’s the scaling strategy? The Blockstream website states 7-10 tps i.e. the same order of magnitude as the main chain. Or is it designed to increase tps over time? https://image.nostr.build/f5988651a9895165285da05b87625a890aef3d4f92cd6a49166d73654b1e800e.jpg  
 Think privacy, not transaction rate.

It took me a while to understand. 
 Privacy is only for transaction amounts though right? 
 Yes.

The answer to your next question is:

No, the coins you peg out are not the same ones you peg in, they are randomly chosen from a pool.

That answer is direct from @adam3us 
 Interesting. Thanks! 
 You’re welcome 
 Also Liquid supports Tether, you might find that interesting also. 
 they can just increase the blocksize