...decentralized federalization....
Mutually exclusive, can
never happen.
OK. Argue with me.
OK.
First off this is a dead end as stated above.
Fungibility is BTC holy grail and liquid is a trojan horse and these are a few reasons off the top of my head. I'm sure any dev can give a much better synopsis.
1. A federated model is more dangerous than a transparent chain. At least on a transparent chain you know everything can be traced. A trusted setup with built in failure points is dangerous for a few reasons.
a) even if you trust the nodes they can be compromised without your knowledge.
b) the false sense of security will stop further research into layer one correct solutions.
2. Liquid is on a second layer which can never be as secure as a first layer one.
3. Solutions already exist as proven by monero and apparently ZK-Starks works as well as ZK-Snarks without the trusted setup which of course makes any ZK-snarks implementation a non-starter.
4. As has been proven by big blockers to get any major hard fork in bitcoin seems to be a fools errand and I would love to be wrong on this.
It sucks that Hal was working on the fungibility issue right after launch and still do this day there is not even a coherent plan for a layer one solution. This proves to me that there are forces behind the scenes that are blocking this entirely doable fork.
I have come to the conclusion that BTC is just going to be a store of wealth chain with large actors holding the majority of the wealth but at least eventually this will force the Institutions to keep the books clean in the future when full adoption has progressed.Lighting will fill the gap for micro fast transactions and for privacy Monero is the only current solution.
OK. Argue with me.
and this is my constructive post for the month.
btc will be a worthly wealth storage coin and pull from the gold money.
And we are not going to fully scale it ever.
which mean we will be using alts.
Ltc and Doge are good ones.
and if the bitcoin maxers would shut the f up and get over it we could work on killing off all pos coins as they are diarrhea coins when compared to Ltc and Doge.
my job is to get the bitcoin max people to shift a fraction in my direction.
... And you should watch! Why would you want to do any work for them?? They get more out of it then you. 
