The idea of speculative attack is very important.

But I suspect a lot of people that talk about it ... only talk about it but don't have the balls to do it

Although I don't have the right to pint fingers here since I currently don't have fiat debt either

Any liability a Bitcoiner chooses not to pay down and to buy Bitcoin instead makes this Bitcoiner leveraged. Bitcoiners are speculative attackers.

Underacknowledged but very important point. Anyone with a mortgage or car payment buying bitcoin is effectively leveraging a speculative attack.