One simply cannot invest into bitcoin

#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.

One simply cannot invest into #bitcoin or any #cryptocurrency anywhere, one can merely speculate over its value. The act of #speculation is not covered by #SIPC #ExchangeAct #SOX or any other #securities laws.

Author: Litesand

Antitrust, real estate, e-commerce, fintech, proptech, bigtech

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