BITCOIN DEVELOPMENT IN INDONESIA

In Indonesia, the number of enthusiasts alias crypto currency investors are also growing. According to Bitcoin Indonesia, the largest domestic exchanger company, there are about 550 thousand people who have joined to invest. Though only recorded about 50 thousands of people in 2015

Bitcoin, introduced in 2009, as a global digital payment tool with no geographical boundaries, began to disrupt into commodity goods-used as an investment asset. Bitcoin is touted a digital gold

Oscar Darmawan, CEO of Bitcoin.co.id, said the term "Bitcoin Bubble" confused him. "Speculation about Bitcoin is Bubble has been around since the price of 1 Bitcoin is still one dollar, 100 dollars, and 1,000 dollars. And until now there is still bubble speculation. Bitcoin price up and down it, I think is still reasonable

However, different perspectives from the Indonesian government. Bank Indonesia (BI), as the regulator actually assess investing in crypto currency is very high risk. & I want to say that risk is something that should not be taken lightly. It is something that should not be regretted if there were people who wanted to know more about Bitcoin, & quot; said BI Governor Agus Martowardojo at the Bank Indonesia complex

Said BI governor
As a currency or a means of payment, Bitcoin and other crypto currencies are denied. Because in the law in Indonesia, he is not valid if used as a means of payment. However, its circulation is by no means forbidden, as long as it is considered a commodity, like gold

Now just dare to take your courage: take the risk or not, amid the uncertainty & digital money & will like double or bubble?