WBTC is one entity, Liquid is a contractual consensus of financially unrelated entities who would need to block you by majority. Also, lightning payments backed by Liquid channels don't go on chain, so they don't have much say about payments (this is very different to for example wallet of Satoshi, they can do lightning payment level censorship, Liquid not so much). Also, since it's one Lightning network, you can get out through independently operated bridge, not through their multisig. Yes, it's not Bitcoin mainnet, but it has pretty good balance of fees vs privacy vs distribution of decisions for many smaller channels that would otherwise not be possible.
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.