Will BCH short sellers end up subsidizing SmartBCH?
If the price of BCH is indeed being suppressed by naked short selling, won't this have the effect of subsidizing SmartBCH, especially as more and more bridges exist between SmartBCH and other chains?
Since there is a cap of 21 million coins, making them artificially cheap will enable retail BCH supporters to move a disproportionately large percentage of the existing supply into SmartBCH. So BCH builds out its defi ecosystem, shorting the coin will only dry up the supply more quickly.
Basically, I think that as defi creates new use cases for BCH, it will quickly become unprofitable to short it, and the short sellers may quickly get squeezed.
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