
#Bitcoin does not generate cash flow. #Bitcoin does not generate any revenue. #Bitcoin is a binary data stored on a #publicblockchain to facilitate a form of #piratecurrency; it is not a legitimate asset class.
A #digitalasset must have a right to use and it is able to generate revenue for the holder, such as #software or #searchengines or an #ecommerce #platform. A #digitalasset or #metadata, such as #NFT, is not a security and has no disclosures made pursuant to any securities laws.