"Storj, the decentralized storage service, is currently in Chap 11 bankruptcy,"
"Internet Archive could buy Storj"
Insanely convoluted solution that only someone with crypto-brain would ever come up with. You are really suggesting the Internet Archive should buy a bankrupted crypto company so they can store their data? What?
Yes, and that's a great idea. Chapter 11 protects companies from their creditors. If a suitor comes along offering to buy the company that is in Chapter 11, the creditors can go to the judge and request that the judge allow the purchase to go through as a way of settling the company's debts. It happens all the time.
"Internet Archive could buy Storj"
Insanely convoluted solution that only someone with crypto-brain would ever come up with. You are really suggesting the Internet Archive should buy a bankrupted crypto company so they can store their data? What?