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[in bold] Thats what I was looking for. So you are stating that the $100m being transferred on the side chain MUST be backed with an equivilent $100m worth of bitcoin. And thats where this falls down. You are hinting at turning bitcoin into a liquidity market when it was conceived as a peer-to-peer payment system.
Introducing the US Dollar into things is probably a deliberate attempt to confuse things, but also may be just an expression on your part of disjoint thinking. The USD has nothing to do with any of this stuff and only confuses things.
funny they bring USD up tho. it indeed has everything to do regarding this subject.
this is yet another attempt to 'QE' bitcoin, its blocksize, its transaction capacity, even its cap down the road because of instigating a precedent upon its governance and since that's always been the mainstream financial solution to control everything.