you're right, it does matter.
chain does not store energy, a strap does. when a chain fails, it falls to the ground. when a strap fails, it whiplashes and takes out anything in its way.
That is so far from the truth it's downright dangerous!
Have you seen a chain break? Believe me, it DOES NOT just fall to the ground!
I've seen a 60,000lb recovery strap snap at the loop by an 1151 HMVEE - it made quite a noise, recoiled a few feet and fell to the ground. This is NOT the case with a chain. Chains do not like to be subjected to dynamic recovery forces. Bad things happen.
Straps, steel, and feathers for that matter ALL have potential energy in a given position. They all
store energy. That's what potential energy is: stored energy of
position . Remember the old physics example, (well, one of them anyway..), of a drawn bow? When the bow is drawn that cord has a given amount of potential energy due to it's position. (Conversely, a bow that is not drawn shows no potential energy in the cord's "rest" position, or, there is no
stored energy in the bow at
this position.)
Put simply - it is the mass of the material that "hurts". I could throw a strap at you at 100mph or I could throw a steel chain at you at 100mph - which would you rather be hit by?
Chains "stretch", they do store energy,(potential energy), when in a given position, ie stretched between a truck and dead man/anchor. Everything has potential energy. Some things do; however, have more mass.
All of the talk so far in this thread is merely cocktail-party physics. Suffice it to say: In a recovery situation straps hurt when they break at your face, chains hurt more when they break at your face; and stretch a grade-8 chain to it's breaking point? It does not fall to the ground!