Michael Saylor Claims Bitcoin’s Freedom from Counterparty Risk
Michael Saylor claims that Bitcoin has no counterparty risk, making it attractive for investors looking to avoid reliance on other entities. He emphasises Bitcoin’s self-sovereign nature, contrasting it with traditional investments that carry such risks. Saylor maintains a strict Bitcoin-only investment stance, avoiding recommendations for stocks or other securities.
In a recent social media post, Michael Saylor, founder of Strategy, asserted that Bitcoin is devoid of counterparty risk. He stated, “No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos,” emphasising Bitcoin’s independence from various entities. This standpoint aligns with his comments on CNBC in late 2024, where he highlighted Bitcoin’s appeal to investors seeking to avoid entanglement with external parties.
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