Michael Saylor: Bitcoin Offers Absolute Freedom from Counterparty Risk

MicroStrategy founder Michael Saylor reaffirmed his unwavering belief in Bitcoin, emphasizing that the cryptocurrency carries zero counterparty risk. In a recent social media post, Saylor declared, “No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos.” His statement echoes sentiments he shared during a CNBC interview in late 2024, positioning Bitcoin as the ultimate asset for investors seeking sovereignty over their wealth.

Saylor argues that traditional investments—whether in stocks like Nvidia or Apple, real estate in Manhattan, or fine art like Picasso—require trust in external systems or institutions. These assets are exposed to policy changes, economic shifts, and potential defaults, introducing counterparty risks. In contrast, Bitcoin operates independently of governments, corporations, and cultural dynamics, offering what Saylor calls “self-sovereign money.”

While critics often label Bitcoin as volatile or speculative, Saylor maintains that it is a hedge against systemic failures and institutional unpredictability. He believes Bitcoin is ideal for those who prefer certainty and autonomy over speculation and exposure to centralized risk. Notably, he avoids recommending even well-known stocks like Apple (AAPL), citing their inherent reliance on corporate performance and regulatory environments.

“I would not recommend a security because there is a counterparty to a security,” he told the PBD podcast five months ago. “It’s not because I’m against your business… I just stay in my lane.”

Saylor remains a vocal advocate for being 100% Bitcoin-only, often promoting the cryptocurrency as the best long-term store of value. As more investors look for assets free from institutional dependence, Bitcoin’s appeal as a decentralized and trustless system continues to grow.