Confidential transactions are cool but I'm not sure if there's the risk/incentive of amount-based transaction censorship with regards to each federation (Liquid or a gold chip Fedimint). Blinded amounts mainly seem to help with maintaining privacy among peers while still having an auditable circulating amount.

netstatic

bitcoin

Liquid is not a scaling solution

benthecarman

Let imagine a future world in which there are a few "gold chip" fedimints that are widely trusted. What features would those fedimints probably have?

* public known actors
* known history and reputation
* some sort of legal repercussion possible for bad acts

Its hard to imagine how - in practice - those "gold chip" fedimints are going to be materially different than current Liquid federation setup.

To be clear: I'm not against fedimints, far from it...I welcome the development. 

Lastly, I think the "magic" of Liquid is the blinded / confidential transactions. I think this renders 99% of potential "censorship" ability of the federation moot. 