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Liquid is fine don’t keep your life savings on there I think the idea of stacking tiny utxos and then pegging out on chain when fees are reasonable is a solid plan to protection your stack from getting eaten up by miners
Yes, even though many complain about the "federated" nature of Liquid. For many cases its fine....I mean vendors themselves expose you to counter-party risk (ie. you send your btc to buy something and they never ship your goods, etc).
So, using Liquid as something like a "purchasing network" might not increase your risk by any appreciable amount. Obviously the risk that is present, is managed by sizing your peg-in to not put more than you can stand to lose.
With wallets like Green that has BTC, LN, and Liquid its basically an existing solution that just needs discovery.
There is also the matter of "Assets" that Liquid supports (yes, I know....shitcoin factory). However there are tons of legit commercial uses for Assets...imagine your "shopper reward points" (airline miles, etc). I would frankly feel safer if my Airline Miles were held on a federated chain rather than held by a single entity.
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liquid is better than some custodial wallets that are being promoted around here.
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Yea, it's also a significant improvement over holding coins on an exchange, which most people seem happy to do anyway.
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Great answer!
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