BLV fork attracts short sellers as cypherpunk summer approaches, Adam Back notes

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4 hours ago

BLV fork attracts short sellers as cypherpunk summer approaches, Adam Back notes — BLV fork draws short interest ahead

Adam Back, CEO and Co-Founder of Blockstream, shared a graph and commented on ongoing discussions around the BLV fork, referred to as bitcoin luke's vision. Back suggested that adding a bid to short BLV is seen as free money in the current environment.

The tweet hints at building momentum and high anticipation in the crypto community, with Back expressing excitement for what he calls 'cypherpunk summer', starting in 30 days.

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Back has previously argued there is no economic support for a contentious bitcoin fork. He has also explained Bitcoin’s E=mc² analogy, describing the roles of nonce, hashchain, halving and the target threshold in a detailed analysis. His recent comments follow ongoing debates within the Bitcoin community.

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