> swaps

Swaps to what though? to Bitcoin ofc. Could have just stayed on Bitcoin.

I think Liquid's use case was always stablecoins, Tether largely funded it/bootstrapped it IIUC. 

It's fine for that, stables are centralized anyway.

> ecash I’m still waiting for a use case

ecash is the most frustrating because it takes an otherwise good principle and ruins it with crypto-theater.

A mint and a pub are very similar, keep the inevitable trust decentralized and localized. Use nostr to solve the networking problem. They bury this lead though with crypto non-sense.

They just couldn't help themselves from going full retard with crypto-theater and false privacy claims, extra complexity for no gain, and being generally communists.

let these things play out it takes care of itself, in this case liquid had one use case which was swaps, so if you just used for that you likely were fine, but likely didn’t use after boltz left, with ecash I’m still waiting for a use case I see none yet

Can't cook the bad out of bad principles.

Fake L2's are what they are. Lightning is how it is because real constraints exist and are immutable.

You can believe in engineering or you can believe in magic, engineering has limits, the way Bitcoin works has limits.

They may get better at sweeping things under the rug, or coming up with new narratives, but underneath the laws of gravity still apply. They will always be fake and make un-Bitcoin tradeoffs.

bitcoin

Is L-BTC a shitcoin?

Scoresby

> they usually take 3-4 years to cook

Can't cook the bad out of bad principles. 

Fake L2's are what they are. Lightning is how it is because real constraints exist and are immutable.

You can believe in engineering or you can believe in magic, engineering has limits, the way Bitcoin works has limits. 

They may get better at sweeping things under the rug, or coming up with new narratives, but underneath the laws of gravity still apply. They will always be fake and make un-Bitcoin tradeoffs.