Hmm people don't insure bikes. Regulated ownership sounds like something the insurance companies would have lobbied for.

The more corpo profiteers that can gain from it's kyc the more risk of kyc requirement laws. Everyone needs to say fuck off when that time comes. Where there's a demand there's a market.

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almost nobody uses bicycles for business

inner city bicycle couriers. that's it

the suitable terrain and the dutch love of not paying taxes is why they have so many bicycles there and a lot of business is done with them compared to other countries... even, there is tourist operations where the customers even power the bicycle as they drink beer riding along a circuit controlled by the tour guide

You definitely can get insurance for your bicycle tho.