i read news from indonesia - page 3.

LadyCoin

full member

Activity: 448

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Quote from: galaxing on April 04, 2018, 12:29:22 PM

until when will Indonesia be like this?... his government has not given the maximum permission to use bitcoin, whereas, bitcoin has given a new color for the people of Indonesia. bitcoin has changed the economy of Indonesian society.

i read news from indonesia :

Bank Indonesia (BI) reiterated that investments in digital currency or cryptocurrency are very risky. Therefore, BI advises people to avoid investing in this type of digital currency.
Agus Martowardojo, Governor of BI noted, there are currently as many as 1300 types of digital currencies circulating in the world.
The prohibition of this digital currency because it has an unclear underlying and from the side of consumer protection is still very low.
Moreover, according to BI, this digital currency can be misused as a means of money laundering and terrorism.

yes this is true, legality in Indonesia has not got it, until now Bitcoin can only be used for investment and can not transaction or buy goods. yes hopefully the future bitcoin can be accepted by the Indonesian government, because really you say Bitcoin has given a new color for Indonesian citizens like me now, I can change my life specifically in terms of finance.

Taronet-division

newbie

Activity: 154

Merit: 0

Goverment support or not for crptocurrency for me doen not matter because I think I still here and grow it. Just waiting for the next step of the goverment.

Domanity

newbie

Activity: 182

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It is true that Indonesia has not received Bitcoin as a legitimate payment instrument, but the Indonesian government has not forbidden its people to play Bitcoin. And it is true that the person above me says, if the state of Indonesia is neutral towards Bitcoin. this can be seen from the G20 meeting a few months ago, that Indonesia has declared a neutral attitude towards Bitcoin. and In Indonesia who pay the tax cryptocurrency is only an exchange that exists in Indonesia only, and for people who have Bitcoin in Indonesia, it is Free of government tax.

MLBBPLG

newbie

Activity: 154

Merit: 0

indeed until now in Indonesia still has not neglected sale and purchase of bitcoin currency type digital. However, the Indonesian Bank has eaten a portion of the tax on the Market Sale and Purchase of other bitcoin and coin assets. I think bitcoin in Indonesia is still neutral (between prohibited or not) because there is no law or regulation from the Indonesian government

Kray

hero member

Activity: 658

Merit: 500

Quote from: salamyman on April 04, 2018, 03:29:50 PM

No offense guys but I have a question: what's all this Indoensia talk? I mean everyone asks about their own country but there are a lot of topics about Indonesia all the time. What's that about?

Because they are Indonesian and they’re out of ideas to start a new thread so they take advantage of it, that actually many topics can be discussed.

FiguerFixZ

newbie

Activity: 29

Merit: 0

Quote from: Ris88 on April 04, 2018, 02:54:55 PM

Quote from: galaxing on April 04, 2018, 12:29:22 PM

until when will Indonesia be like this?... his government has not given the maximum permission to use bitcoin, whereas, bitcoin has given a new color for the people of Indonesia. bitcoin has changed the economy of Indonesian society.

i read news from indonesia :

Bank Indonesia (BI) reiterated that investments in digital currency or cryptocurrency are very risky. Therefore, BI advises people to avoid investing in this type of digital currency.
Agus Martowardojo, Governor of BI noted, there are currently as many as 1300 types of digital currencies circulating in the world.
The prohibition of this digital currency because it has an unclear underlying and from the side of consumer protection is still very low.
Moreover, according to BI, this digital currency can be misused as a means of money laundering and terrorism.

It is true that the Indonesian government has not yet decided or given permission to legalize bitcoin as an investment or payment, but the government also does not want if the Indonesian currency falls, but recently there has been good news about the future of bitcoin in Indonesia, if you want to know your latest news can open the Oscar twitter, on the last day they were talking about the problem of blockchain.

Here's a photo of them: https://s9.postimg.org/5zi4pjc7z/Screenshot_45.png

Your information is very beneficial

EddyGameta

hero member

Activity: 884

Merit: 500

Quote from: galaxing on April 04, 2018, 12:29:22 PM

until when will Indonesia be like this?... his government has not given the maximum permission to use bitcoin, whereas, bitcoin has given a new color for the people of Indonesia. bitcoin has changed the economy of Indonesian society.

i read news from indonesia :

Bank Indonesia (BI) reiterated that investments in digital currency or cryptocurrency are very risky. Therefore, BI advises people to avoid investing in this type of digital currency.
Agus Martowardojo, Governor of BI noted, there are currently as many as 1300 types of digital currencies circulating in the world.
The prohibition of this digital currency because it has an unclear underlying and from the side of consumer protection is still very low.
Moreover, according to BI, this digital currency can be misused as a means of money laundering and terrorism.

No, no, you misunderstood. It’s not because the Indonesian government is afraid of its volatility but because the only currency that can be used by the community is Rupiah, even the USD is banned and this has been regulated by the Law means if Bitcoin allowed then it will violate the law.

jmiro1

member

Activity: 235

Merit: 11

Bank Indonesia is just saying that. They are making a statement, they are trying to make people aware of Cryptocurrency world. They are not banning anything. Clearly they are afraid of this Crypto world and they are doing the best they can do. What they are saying is true is a way but not what they are trying to prove is true. Yes, we all would agree that the crypto market is very unstable. But that doesn't mean that we should avoid getting in touch with it. I think our participation can make these currencies more stable.

freetokens

newbie

Activity: 77

Merit: 0

Indonesia banks has banned bitcoin by seeing the money has been used in different ways to fund to others in illegal way like laundering and terrorist funds .Banks will legalize in due course of time.

guybrushthreepwood

legendary

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Merit: 1195

Quote from: galaxing on April 04, 2018, 12:29:22 PM

until when will Indonesia be like this?... his government has not given the maximum permission to use bitcoin, whereas, bitcoin has given a new color for the people of Indonesia. bitcoin has changed the economy of Indonesian society.

i read news from indonesia :

Bank Indonesia (BI) reiterated that investments in digital currency or cryptocurrency are very risky.

Cryptos are very risky. They're just trying to protect their citizens which isn't surprising seeing as a lot of people seem to think cryptocurrencies are a magical money making machine where you can't lose (protip: you can).

daarul50

legendary

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Merit: 1034

Quote from: galaxing on April 04, 2018, 12:29:22 PM

until when will Indonesia be like this?... his government has not given the maximum permission to use bitcoin, whereas, bitcoin has given a new color for the people of Indonesia. bitcoin has changed the economy of Indonesian society.

i read news from indonesia :

Bank Indonesia (BI) reiterated that investments in digital currency or cryptocurrency are very risky. Therefore, BI advises people to avoid investing in this type of digital currency.
Agus Martowardojo, Governor of BI noted, there are currently as many as 1300 types of digital currencies circulating in the world.
The prohibition of this digital currency because it has an unclear underlying and from the side of consumer protection is still very low.
Moreover, according to BI, this digital currency can be misused as a means of money laundering and terrorism.

Same statement since 2 years ago from BI. We can not blame the government because it is still hindered by the regulations applied by the Indonesian government relating to currency. I am still grateful because the government does not ban but only suggest that we are still free to access bitcoin.

fatirborju

jr. member

Activity: 154

Merit: 1

The Indonesian government simply does not authorize payments in digital currencies but the Indonesian government does not prohibit investing and does not prohibit its citizens from participating in bounty campaigns.

incomefromcoins

jr. member

Activity: 336

Merit: 1

Banks in indonesia has warned not to use bitcoin as it could be problem and can lead to money laundering /terrorist activities. Hopefully they will revert back of the decision soon.

komoldey

newbie

Activity: 3

Merit: 0

do u have the link of the news??/
i want to read the news
if its true than it will be very much risky

bitcad4u

sr. member

Activity: 602

Merit: 255

Since bitcoin is not completely ban in Indonesia,prople should thank to the government.So they can inverse in bitcoin as an asset.Only thing is they can't pay the real payments in terms of bitcoin.And this may reduce the usage of bitcoin in Indonesia.

samiul12

newbie

Activity: 91

Merit: 0

I don't basically rely on news or governments policy. Because the national bank or government think of the whole population. I do business on my own risk. And many people from Indonesia also doing so. It's a global thing not only based on one country. I don't know about what the think and saying? I think bitcoin is growing and is going up.

shalaza

newbie

Activity: 283

Merit: 0

You are still complaining at that? Some countries don't have this opportunity you have in Indonesia. At least, bitcoin isn't banned outrightly,that is a glimmer of hope that it will only get better.

bitzizzix

sr. member

Activity: 2366

Merit: 448

Enjoy 500% bonus + 70 FS

Quote from: dewi91 on May 15, 2018, 01:55:53 PM

Quote from: kalstarzz on April 04, 2018, 03:25:39 PM

Quote from: galaxing on April 04, 2018, 12:29:22 PM

until when will Indonesia be like this?... his government has not given the maximum permission to use bitcoin, whereas, bitcoin has given a new color for the people of Indonesia. bitcoin has changed the economy of Indonesian society.

i read news from indonesia :

Bank Indonesia (BI) reiterated that investments in digital currency or cryptocurrency are very risky. Therefore, BI advises people to avoid investing in this type of digital currency.
Agus Martowardojo, Governor of BI noted, there are currently as many as 1300 types of digital currencies circulating in the world.
The prohibition of this digital currency because it has an unclear underlying and from the side of consumer protection is still very low.
Moreover, according to BI, this digital currency can be misused as a means of money laundering and terrorism.

we must realize that the government of Indonesia or BI currently not really understand the technology blockchain and bitcoin so naturally they say such things. even once when the CEO of indodax in the meeting with the BI in a television show, and in the event the CEO of indodax has explained a lot about the BTC, and that is not enough to convince them.
so I think Indonesia will legalize BTC when the government or BI plunge in bitcoin directly, because that's the only way that can give a detailed understanding on the parties.

but that is not easy to legalize bitcoin and open their mind because the government and BI have not interested in bitcoin and they are always thinking that bitcoin is related about negative activities. as long as the government not totally banned bitcoin, I think the people of Indonesia do not need legalize of bitcoin.

Proof of bitcoin can still be used in Indonesia, which I know that the concern is about investing because it will be risky and will be detrimental. but if still can produce bitcoin in another way without investment why not. and bitcoin problems in Indonesia are still unclear and what I'm doing now uses bitcoin well as long as it can still be used to generate revenue.

Nodehype

newbie

Activity: 18

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and what they said?

gpamfmcq

newbie

Activity: 160

Merit: 0

I've seen a lot of bitcoin news in Southeast Asia this year, which is a good trend to show that bitcoin has begun to spread in this densely populated area, and if Indonesia opens local encryption exchanges, it will have a strong impetus for community promotion.The government's statement in this news is not a ban on bitcoin.

Topic: i read news from indonesia - page 3. (Read 637 times)