I think we're kind of up a tree here about whether you can cut a rim with bolt cutters even being relevant. Once you have cut a few more than half of the spokes, you can pretty much taco the rim into something that will go through the rear triangle once you undo the hub. Bare rims are pretty weak.

I carry the Krypto NY F-G heavy-*** dive weight chain, lock both wheels and the frame, and never think about it. I wish it wasn't so heavy, but I wish for a lot of things.