Also, a non-negligible number of people were forced to hodl when they would have sold years before
Sorta. A lot of people sold during the decade. You can sell your claim if it were big enough and a lot of big accounts did.
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Oh damn! That's a sketchy claim to buy
Yeah. A lot lost big time by selling for penny’s on the dollar. But with big money bankruptcies it’s easy to write contracts for claims on an estate.