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You've got plenty of it, do what Euclid suggested. Cut a piece to the size you want and seal the edges after you clean it. You can take a piece and put it on wood and make a flatbed strop as well....

Is it the old kind with the rubber inside ? One way or the other, just try it out. Should be fine for stropping. People have used everything from blue jeans to newspaper. I used shoulder harness...