diff --git a/docs/liquid/liquid-part3.md b/docs/liquid/liquid-part3.md
index c7a3ea1..2fef575 100644
--- a/docs/liquid/liquid-part3.md
+++ b/docs/liquid/liquid-part3.md
@@ -156,8 +156,13 @@ Looking at this with regard to current fees illustrates the problem pretty clear
 
 You can see that it is *much cheaper* to use L-BTC. In fact its so cheap that its fine to open 25,000 sat channels...thus keeping our hot-wallet exposure risk quite low. (The above was calculated using boltz.exchange )
 
+## Pegging Out
 
-### Comparing eCash / Lightning / Liquid / BTC
+# Final Discussion and Ideas
+
+Each part of the Bitcoin ecosystem has its strengths and weaknesses, and often they overlap in rather confusing ways. I think it would be helpful to compare the various major initiatives. This is NOT about proclaiming *one is better than the other*, as you can see they each have their own strengths:
+
+## Comparing eCash / Lightning / Liquid / BTC
 || eCash | Lightning | Liquid | BTC |
 |-| ------| -------- | -------- | ---- |
 |UTXO Model:| No UTXO. Bearer token | Your UTXO is in a multisig. | You own UTXO in sidechain | You own UTXO in mainchain |
@@ -176,14 +181,8 @@ You can see that it is *much cheaper* to use L-BTC. In fact its so cheap that it
 |Likely Threat:| Debasement or Mint rug | Loss of funds while offline | Federation censorship | Losing keys / non-spendable UTXO for fees
 |Maturity: | 2023-2024 | 2018 | 2018 | 2009
 
-
-## Pegging Out
-
 ## Building Your Own Federation
 
-# Final Discussion and Ideas
-
-
 [^1]: BlockStream Green, AQUA, Anser (web wallet), Specter, Marina (web wallet)
 [^2]: Atomic Swaps allow parties to exchange different tokens directly without the need for a 3rd party, eliminating most of the risk of fraud and counterparty default.In fact, Blockstream has a tool to simplify using it.
 [^3]: Please `git clone` the repo and don't rely on the pre-compiled downloads in repo (they are out of date from source)