The dumbest argument I hear about DATs is that there will be a big forced liquidation event where they all have to sell at once because “their debt will be due” Just listened to a pod with some smart people who implied this For now, majority is structured via equity, NOT debt that has to be repaid if BTC slips a few bps If and when we get to a point where a market moving amount of coin is structured as debt that can come due as a result of coins going down then yes we have a problem But we’re far from there with this wave of DATs