From beginner to advanced — master exchanges, wallets and blockchain essentials
Bitcoin is generally treated as a digital asset because it can be owned, transferred, and priced, but it does not work like cash, stock, or bonds.
Bitcoin is not in the S&P 500. The index tracks eligible U.S. listed stocks, while Bitcoin is a separate asset, not a company share.
What is bitcoin based on? It rests on cryptography, a distributed network, a public ledger, consensus rules, and built-in scarcity.
Bitcoin is generally not treated as a security. The key question is whether it gives rights in an issuer or depends on a team’s profit efforts.