That's one thing that Saylor is popularizing and I think it can lead to problems because he has become very popular and keeps repeating it over and over again. He gives the example of what the very rich do, which is not to sell and use their first-class assets as collateral. The thing is, and he's said this once, but it's not emphasized nearly as much, they borrow on a very small percentage of their assets.

To give a practical example, what a Rockefeller who has Bitcoin and wants cash would do, assuming he has 1,000 Bitcoin, is to ask for $250k in cash and give 10 Bitcoin as collateral. When the market goes up, he keeps refinancing the 10 Bitcoin and getting more cash. If the market goes down, he can give 10 or 20 more Bitcoin as collateral and not even bat an eyelid.

The problem with popularizing this idea is that it seems to me that we are going to have legions of people only keeping the first part of the idea, and going into excessive debt. That is, someone who has 0.1 or 1 Bitcoin, borrowing and leaving as collateral everything they have. And when there is a market downturn there will be thousands of little fish that will be devoured.