@jimmysong I'm confused by this in your latest newsletter. I'm not a trader and haven't followed the Gamestop thing closely, but isn't it possible to innocently lend more than 100%? E.g., Alice owns $FOO, lends $FOO to Bob, who sells it to Carol, who lends it to Dan, who sells it to Edith, etc.

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@jimmysong Also, this bit is not quite right. Green used presigned transactions with nLockTime, not CLTV. In fact, they started using nLockTime before BIP65 CLTV was even added to the network.

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