Sort:  

Greetings, I ask the Stamians how long it takes to have an SBD on the account for a vote of 0.50 $, but who can not give me an answer? can you help me with this? I want to invest as much as possible in Steem

Uh, this comment really isn’t relevant to this discussion.

However, the payouts on either author or curation rewards go through 7 days after, to the latest of my knowledge.

well, let's talk on the topic. Accept bitcoin will have to all. These dinosaurs will have to do it. Blokchan is a great technology and it needs to be integrated into modern technology. It should be used for good, not against it. The states of different countries are afraid that bitcoin will destroy the country's economy. They do not want people to become richer, it's unfortunately the established system for years. But the time will pass and I am sure the technology of the blockade will take everything in order to avoid the stagnation of the country's economy. I apologize for the inaccuracy in the translation, I have bad English.

I don't think this is going to happened, since the Indonesian government is also still studying about the possibility to the block-chain system implemented in Central Bank of Indonesia.Please check this link, https://katadata.co.id/berita/2017/11/09/bi-akan-lakukan-kajian-sebelum-adopsi-sistem-blockchain. Furthermore, nothing can stop blockchain technology and cyrptocurrency to enter Indonesia, not even the government, so I am not worry about it.

Mbak Saya sudah bikin tinjauan dari sisi aturan hukumnya secara sekilas
https://steemit.com/indonesia/@happyphoenix/bitcoin-di-mata-bank-indonesia-bitcoin-in-perspective-central-bank-of-republic-indonesia-ppw1

( I have already made a jurisdiction explaination about perspective Central Bank of Republic Indonesia on Bitcoin)

I hope so.

However, just because a government is aiming to integrate blockchain technology into their systems doesn’t mean they still can’t and won’t ban Bitcoin and other cryptos.

They might not be able to stop it, but there could still be complications if they attempt to criminalize it. Hopefully, their education on the matter will accelerate prior to such happening.

their government just don't understand the comcept behind cryptocurrency. they must investigate first before doing that fir the sake of mane indonesian who use crypto. My country government Philippines was once said that bitcoin is a scam but it not until they discovered its value and now accepted it. Hope it will happen also in Indonesia.

Common sense is re-defined a lot of times. I think the government's "urge" is sort of unfounded while they are semi-corrupt over there. The fear is definitely there when the people trust other entities besides the government.

Most governments against bitcoin uses similar arguments but never explaining the fundamentals of blockchain and why it is a bad idea for the country. Until the people are convinced, it is just another attempt at stopping technology where it will end in failure.

Re-steemed and posted on FB !
GOOD STUFF!

Think in the positive side. Scarity of btc will increase in Indonesia and price will shoot up regionally. So...arbitrage opportunity!

Frankly, I think it’s a bit short-sighted and rather selfish to be looking at such an “opportunity” as “positive” when it’s coming at the expense of fellow members of this community being turned into criminals by a draconian mob.

Not to mention that such an “opportunity” would involve selling to those in Indonesia - thus becoming an accessory to crime, and sharing moral responsibility for their penalty should they get caught.

Too much legit opportunity in this space to even consider aiding another in taking risks to get themselves in prison, IMO.

Thanks for your share my friends.
I like that

Another report mentioned this ;

This move definitely impacts the average person in Indonesia as almost two-thirds of the population do not have a bank account, and only about a fifth of the country’s poorest people have access to banking capital. In essence, the government of Indonesia is forcing people to become more actively involved in the country’s banking system by limiting their options.
https://bitcoinist.com/people-warned-sell-bitcoin-face-looming-ban-indonesia/.

Which is pretty solid given it's easy to have a bitcoin than a bank account. Therefore, to stop this movement the government is trying to impose the ban on Bitcoin and cryptocurrency. I foresee this coming since the usage of bitcoin debit card is blocked and several shops that accept bitcoin in Indonesia is closed. However, there are ways to still trade :) and several wallet are completely anonymous without having to provide any ID.

The only way is to educate people more about bitcoin and cryptocurrency although it's quite dificult to be honest since the stigma that has been thrown into public.

In essence, the government of Indonesia is forcing people to become more actively involved in the country’s banking system by limiting their options.

I call bullshit.

Bitcoin is not the reason 2/3 of Indonesians don’t have a bank account. Banning Bitcoin will not force them into the banking system. They didn’t leave the system for Bitcoin. Before Bitcoin ther was the one option of central banks - and still 2/3 of the population either didn’t exercise that option or were excluded from it.

Education is key. Though especially in a country like Indonesia, a lot easier said than done...

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.030
BTC 67646.43
ETH 3781.17
USDT 1.00
SBD 3.55