I could be completely wrong but this isn't really a secret, right? Blockstream is a corporation that controls Liquid. I never thought of it as trustless. I have never used it for just that reason. Still, I trust @k00b not to steal my stack here. To each his own.
Indeed. If I wanted to do business on Liquid it would likely be a result of trusting Blockstream as a business. The same me leaving sats on stacker news. I wouldn't do that if I didn't trust the crew. But also, for their effort, if they decide to rug pull they earned ever sat!
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Nothing honest about a rug pull, and nothing ethical about failure of duty of care as a custodian.
Could be avoided, but you speak like someone who never has been robbed. I don't think that makes a good endorsement of this approach.
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Who called a rug pull honest?
Also, my approach? Unless you live off grid and produce all your own goods you follow the same approach!
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But also, for their effort, if they decide to rug pull they earned ever sat!
Explain how this is not praising an act of mischief.
Why does living in a society equate to submitting to tyrants?
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I actually aim to praise the efforts of the Stacker News developers, which I consider much more valuable than the sats I have custodied here. I do not want them to steal anyone's sats. You mistake a sarcastic comment with some generalization about my ethics
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I wouldn't do that if I didn't trust the crew.
I only trust a 3rd party up to a certain amount of sats, after that, it goes to cold storage.
Similar to how I go around the street with a small amount of cash, that can be lost or stolen, etc.
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Yes, but you wouldn't go out with any amount of money if you expect to get robbed
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