The co-founder and CEO of Blockstream, Adam Back, has been a staunch advocate for Bitcoin since its inception. He was even cited in the BTC white paper by Satoshi Nakamoto. In a recent statement, he joked about having taken measures to prevent BTC from collapsing to zero.

This humorous announcement from Adam Back follows a tweet from Michael Saylor, Executive Chairman of MicroStrategy, who stated: "if Bitcoin doesn’t go to zero, it will go to a million".

Adam Back replied by saying that he had done his best to prevent a collapse to zero of BTC by placing a limit order on the Bitfinex platform to buy all Bitcoins at $0.02 if the price ever dropped to that level! That still represents $420,000 locked in a buy position.