As it is not Bitcoin, it is a shitcoin. Its owned by some corporate entities which get all the fees and they can censor you. If they have that possibility, they will use it when the Feds ask them to. Maybe not now but in a couple of years when Liquid infrastructure is built. 

To me it is just unfathomable why BTC Maxis simp for Liquid. It is the most anti bitcoin thing i can think of. 

 I am not a btc maxi.

I told you that you can choose when it's useful, some people want to participate in lightning but the fees will price them out.

Also - which FEDs? The signers are geographically distributed.

It is a tool that can be used in some situations. This bitcoin-shitcoin thing was cool three years ago, now we talk about real world solutions to real problems.