We don’t want to lose you when say a series high profile double spendings occur in the QT-XT fork and BTC price dives. Then some medium sized traders on Cryptsy come in and in a few transactions bought all your sell side NBT at 240. When things crash and burn for a while they sell into your buy wall, which has all your funds in it, at 150, just before the BTC core team nuke the offending chain into oblivion. BTC price bounces back and you and Nu’s high profile peg are 40% in the red.
When the last time similar situation happened, facing shareholders inquiries, LPC’s argument boiled down to why don’t you try it?.
The shareholders have been brushing off this systemic risk and hang Nu’s fate on BTC prices by providing most liquidity in the risky nbt/btc pair. It’s not all your or LPCs’ problem. We are all stakeholders on the same boat. Deep liquidity seems particularly profitable to hedge against on an exchange full of whales.