they claim to have customers lined up with many orders of magnitude more liquidity than exists in Bitcoin today.
What is that even supposed to mean? Is this another incarnation of your famously stupid GOVcoin scenario?
Tragic I say... Your only see the paranoiac, conspiracy scenario because of your blinders.
Here is the glass half full scenario :
Their big shot customers want to build decentralized infrastructures on top of Bitcoin using sidechains supported by the
BTC unit
They want to inflate bitcoin but they dont want to invest in it and pump up the price.