If the train company is liquidating in bankruptcy court and they own 500,000 sats the bankruptcy court may just consider that amount worthless & just dispose of the wallet. 10 years later everyone forgets these tokens ever existed, no one claims them, and they remain garbaged forever. Yet imagine BSV is $200,000 per coin & those formerly valueless 500,000 tokens are now worth $1,000.
Instead of being useful to someone, they are effectively burned.
Alternative is train company uses $1,000 worth of UTXOs for their token base of 500,000– at 1,000 BSV tokens per train token (2 pennies). This is ridiculously cheap outlay, yet bankruptcy court won’t overlook $1,000 of BSV asset.
10 years later the creditors have $1 million worth of BSV. No loss of BSV from temporary insignificance.
Everyone wins.
If the train company is liquidating in bankruptcy court and they own 500,000 sats the bankruptcy court may just consider that amount worthless & just dispose of the wallet. 10 years later everyone forgets these tokens ever existed, no one claims them, and they remain garbaged forever. Yet imagine BSV is $200,000 per coin & those formerly valueless 500,000 tokens are now worth $1,000.
Instead of being useful to someone, they are effectively burned.
Alternative is train company uses $1,000 worth of UTXOs for their token base of 500,000– at 1,000 BSV tokens per train token (2 pennies). This is ridiculously cheap outlay, yet bankruptcy court won’t overlook $1,000 of BSV asset.
10 years later the creditors have $1 million worth of BSV. No loss of BSV from temporary insignificance.
Everyone wins.