What is the business scope of Bitcoin (What kind of enterprise is Bitcoin)?

What is the business scope of Bitcoin? According to Coindesk, what is the business scope of Bitcoin? According to the U.S. Securities and Exchange Commission’s “Regulation on Investment Company Registration,” Bitcoin is a form of digital currency. However, this regulation does not apply because the encryption technology itself is not a new Proof-of-Work mechanism (PoW). If a company believes it can use the characteristics of blockchain technology to promote economic activities, the risk of not distinguishing this new financial instrument from traditional business models is even greater. Bitcoin is also defined as a category of assets, and it includes various types of other products and services.

What kind of enterprise is Bitcoin?

According to CCN, Bitcoin is a company. It has its own business model and profitability, but unlike other companies, its financial structure is very complex, making it impossible for people to profit from investing in it. According to CNBC interviews, in a traditional sense, “Bitcoin is the cash flow of a company,” while “cash” is a form of currency because its value is supported by the assets held by investors. If a company wants to become the world’s largest financial services institution, they can convert stocks, gold, and other cryptocurrencies into their products and services, or the company wants to establish a platform based on blockchain technology to enable rapid growth, without central authority or regulatory barriers.