Its trying to get noncustodial upside on a custodial solution. Better to work on noncustodial scaling.
The whole point of bitcoin is no trusted third party.
There is a place for ecash on bitcoin, but it's in cypherpunk utopia where regulators don't care about private money issuance and privacy, until then it's leaving money on a darkmarket, where rugpull incentive just builds. By that point we will have easy/cheap transactions with no ttp.
