Replying to 83a27cb6...

Yes it would but strategy isnt in that much debt. Strf doesnt get repaid. And i think strk is only redeemable for stock. So that leaves only strd to be repaid (i think) and he can sell common stock all the way down to pay much of the claims. But my question was more about if you think bitcoin would perhaps do well as a commodity and as a safe haven asset in cintrast to the equities which would be rugged as described in the book. Thx
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Toxic Bitcoiner 6mo ago

Definitely better than equities since there isn’t inherent counterparty risk. Bitcoin is on its own vector…to victory. Despite how common it is to call Bitcoin a commodity, as a way to distinguish it from shitcoins (aka securities) Bitcoin isn’t a commodity because it isn’t used/consumed as an input to create something else. Just because something isn’t a security, doesn’t automatically make it a commodity. I have many posts about this on X. nostr:note14gm5pnr0lsycdcg58nquualqtmp236945swax7sm2f2e4d4jx44sv7h353

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83a27cb6... 6mo ago

Thanks for your input! I will consider your words carefully. I dont use x, but i read your linked post. Thank you. take care.