His debt would become extremely expensive. Same thing for a house with a mortgage.
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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