16. Legal risk: Legal disputes or lawsuits can impact the value of equities, particularly for companies with significant liabilities or legal exposure. Saylor notes that Bitcoin may be less vulnerable to legal risk since it is a purely digital asset that operates outside of traditional legal frameworks.
17. Currency risk: Changes in exchange rates can impact the value of equities for companies with international operations or exposure. Saylor suggests that Bitcoin's global nature and lack of reliance on any particular currency may make it a better hedge against currency risk.
18. Cybersecurity risk: Cyber attacks can impact the value of equities, particularly for companies with significant digital infrastructure or exposure. Saylor notes that Bitcoin's blockchain technology and decentralized nature may make it more resilient to cyber threats than traditional equities.