Wouldn’t it be smart to borrow as much tether as possible since it can collapse?

Since tether is at risk of collapsing, wouldn't it be smart to borrow as much tether as possible to buy more eth?

because if you borrow 50k of tether and you use it to buy bitcoin and tether collapses, you still keep the bitcoin on your hardware wallet and you don't have to pay the 50k of tether back because it collapsed. right?