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Who says banks are silent with the presence of Bitcoin or they do not know about this technology yet? forms of thought and anxiety about the bankruptcy of the banking system that has been built in such a way.

Background The emergence of Bitcoin

Seen from history, Bitcoin comes as a solution to the problem of ease in the transaction system, there is no server in Bitcoin and encryption systems that this might not attract people because it is a new and easy method to use, besides Bitcoin is also designed automatically. That is, all transactions, distributions and others can be done automatically on the Bitcoin network.

developing in a virtual world

Initially Bitcoin was only popular among cryptographers who studied computational coding systems, but in the end began to enter public forum forums and introduced as a practical, modern and transparent currency, then people began to hunt Bitcoin.

After several years of growing popularity and known not only in the virtual world, there was anxiety about institutions of financial institutions such as bank.

Bank employees began to lose their jobs

Because of Bitcoin's single administrative system, it makes all the financial work without the need for human intervention, so obviously this will lay off some bank employees or accountants for not getting jobs or being hired again, because the sought is the designer of the system designer.

Money becomes worthless

The money we have today is not fully supported by gold which causes inflation and prices to be high, therefore the designated crypto currency can not be added / subtracted and restricted like gold.

Domestic and foreign financial entry systems can not be traced
Well, this is also a problem, with the crypto system, banks will again confuse to track the financial transactions that come out and enter between countries.

The government / state can not control the economy in full
Well this is the end of all goals, the government / state loses full control in economic control because all transactions are done privately to the person.

How the right solution

The emergence of Bitcoin is a technological phenomenon that we can not refuse because in this information age, modern will be superior to conventional, one example we take, why conventional motor loses prestige with ojek online? Some people will answer more efficiently, more practically, cheaper. Just like the example of Bitcoin or Cryptocurrencry, society can differentiate in terms of quality.

In Indonesia the use of Bitcoin is illegal for many reasons, but technological advances will inevitably change the rules in various worlds such as Japan, Japan is very appropriate in making decisions in the face of technological era.

Technology Solutions must exist

The policy decided must also be seen from the side of technology, although the government always says the lack or badness of Bitcoin, not the right solution, like ojek vs gojek, because there is a motorcycle taxi demo here and there, people prefer to attend. from a gimlet. The result of all this is how the society itself that assesses and contributes, once again the government should be wise in taking solutions to keep up with the times, while abroad developing developers or technology development, in Indonesia there is even no support facilities, whereas many Indonesian people start seriously looking at this technology.

Regards

@agamsaia