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Adam Back, CEO and co-founder of Blockstream, warns that the filter BIP proposal is essentially dead and urges the community to understand the reasons before considering a flag day fork.
His comments highlight the risks of moving forward with a fork without fully grasping the implications.
Back has previously noted that Bitcoin development remains robust and that the market resists attempts to bypass established consensus processes. He has also discussed disciplined investing, stating that buying high-quality stocks at the 200-week average could outperform the S&P 500. These positions reflect Back’s consistent emphasis on process and caution in both crypto and traditional markets.