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Liquid is not centralized, it is federated, there is a subtle but important difference.
Could also use statechains for this purpose (e.g. Mercury). The main benefit of Mercury over Liquid is that Mercury has a unilateral exit mechanism, making it a "true" layer 2 protocol (imo).
Overall I agree with the author's proposed approach and have been suggesting the same for a while.
For the sake of achieving bitcoin zen. Keeping up with the in and outs of the community is fun and rewarding. But maybe there is something to be said about, just stacking sats in self custody with blinders on.
That being said....someones gonna have to break into my house and tackle me off the computer to stop me from using stacker news, lfg anon.
Yes it does! ...against the advise of ZBD. I'm not putting any serious sats there, so I figure it's no big deal. I could easily take the paywall and sat payout off altogether if you'd want to use it a little more liability-free too.
Talking about the role of greed in economics is about as illuminating as talking about the role of gravity in plane crashes.