i read news from indonesia - page 4.

Cepot

member

Activity: 243

Merit: 10

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?

maybe this is just information about indonesian government and director of indonesian bank which forbids people to invest in cryptocurrency because many risk,
but unfortunately this post does not provide the address of a news link and this is an error

Fakrull

jr. member

Activity: 210

Merit: 1

Quote from: richminded on April 04, 2018, 08:23:47 PM

Quote from: daarul50 on April 04, 2018, 03:03:24 PM

The Indonesian government only prohibits any kind of payment using bitcoin because the legal currency is used only Rupiah. However, the people of the country should be grateful because the government does not completely ban the use of bitcoins.

Yeah, Indonesia is just reminding its people to be more careful on investing with cryptocurrency because its really risky. I know this kind of statement is just temporary because later on Indonesia will surely make bitcoin legal and more people can now use bitcoin without worrying about the government though taxes will be there for sure.

I agree with your opinion, nevertheless (Indonesian government strictly prohibits people to use bitcoin / transaction with bitcoin) Indonesia has created LUNO wallet who can buy, sell and study currencies digital, such as BTC, ETH and other alcoins.

Ar Rahman

newbie

Activity: 123

Merit: 0

for now the Indonesian government has not yet legalized bitcoin, but the Indonesian government continues to learn about bitcoin, and I am sure in the future bitcoin will have legal permission, because I think bitcoin is very good for the future, in some developed countries there are many who use bitcoin. Grin

Crypdon

member

Activity: 616

Merit: 11

They should copy their neighbour the Philippines who are legalising bitcoin and other crypto currencies. If Indonesia will not permit it, then fintech companies will simply move across the border to set up shop. It is not against Islamic principles so no reason not to encourage bitcoin development

dewi91

full member

Activity: 490

Merit: 100

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.

GeorgiyBilyk

member

Activity: 378

Merit: 10

bitcoin is not yet fully known to people from the state! on this they forbid! but do not worry, sooner or later bitcoin will be the first world currency! bitcoin has already taken a large capitalization of money and very much paid attention to itself! the whole world is watching its movement and development! now in America there is a big conference that will once again prove to the world about the need for bitcoin and the whole crypto world!

xiboothrezi

sr. member

Activity: 1246

Merit: 285

Yes, the Indonesian government is concerned about the misuse of cryptocurrency in illegal and criminal acts. So the use of cryptocurrency is limited as an investment tool only, as a means of payment is strictly prohibited. However, it should be thankful for cryptocurrency is not strictly prohibited, meaning the Indonesian government is aware that cryptocurrency also has a positive impact despite having a high risk as well.

tetyulfania

member

Activity: 653

Merit: 10

Never try to read news about bitcoin from Indonesian government, they have always give bad news and information about bitcoin, they have try more time to make bitcoin is bad on investment eyes. Every Time they have make bad news about bitcoin and claimed bitcoin is one of ponzi project system. They always said bitcoin is bubble where you will loss your money when you are invest there. I got when the government said bitcoin is never up to $8000 price in this month.

Mhd-Bobbi

member

Activity: 434

Merit: 13

their government did not give permission to use bitcoin currencies. and their government ordered to use money from their own country. Their original currency is the rupiah. bitcoin users is very unfortunate from Indonesia. very many users of bitcoin currency. this is my opinion

fatema

member

Activity: 336

Merit: 10

Of course, Indonesia simply reminds its people about investing with cryptocurrency. Because there is some risk to invest in it. It can be estimated as a temporary statement. Again, the Indonesian government can issue legal notice to legalize it anytime. Most people in the world now invest in bitcoin without any thought and deal. The government wants to ensure the tax.

jinxing

member

Activity: 276

Merit: 11

Indonesia is a developing country unlike Japan that has advanced first. Indonesia is wary of the country's economic downturn, the government or BI knows the risk of criptocurency, therefore Indonesia has not legalized this digital currency. Although the government has not authorized this crypto, I am grateful to be able to join bitcoin. Because bitcoin has helped a lot.

SUDARMONO

full member

Activity: 504

Merit: 100

To the extent that Indonesia will impress the digital currency until now can not be known, and I hope it will happen soon, and useful for the people of Indonesia in reducing poverty.

tonylewisverdu

newbie

Activity: 28

Merit: 0

there will be a time that the government will accept crypto.. they can try to regulate it but they will never do it

richminded

sr. member

Activity: 798

Merit: 268

Quote from: daarul50 on April 04, 2018, 03:03:24 PM

The Indonesian government only prohibits any kind of payment using bitcoin because the legal currency is used only Rupiah. However, the people of the country should be grateful because the government does not completely ban the use of bitcoins.

Yeah, Indonesia is just reminding its people to be more careful on investing with cryptocurrency because its really risky. I know this kind of statement is just temporary because later on Indonesia will surely make bitcoin legal and more people can now use bitcoin without worrying about the government though taxes will be there for sure.

S4roZa

newbie

Activity: 107

Merit: 0

Because bitcoin entry into Indonesia is not allowed by the government, but bitcoin in Indonesia can make the economy slightly different for people who know about bitcoin.Padahal kalo government can legalize digital money like bitcoin greatly help reduce unemployment country itself. , because the risk of profit and loss is their responsibility.

alroys

jr. member

Activity: 448

Merit: 1

Yes, you say that Bank Indonesia can not fully accept Bitcoin. however, the Indonesian government also did not forbid its people to play Bitcoin. I am Indonesian, and here Indonesians are also free to play Bitcoin. At the G20 summit yesterday, Indonesia was neutral with Bitcoin.

defriadi

full member

Activity: 588

Merit: 100

it is true what you have said, in Indonesia today has not legalized bitcoin for its reason as you said before. but many Indonesians who invest in dibitcoin, and I think it does not matter to them investors and bitcoin hunters. because at the moment we can exchange bitcoin with currency (rupiah). and I think if bitcoin is legalized in Indonesia, it will make investors and bitcoin hunters feel will be complicated. because it will be taxed by the government and I'm sure big value. then the bitcoin value we have will be taken partly on the grounds for the state tax.

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

Well I think governments help people through what they say because investing in cryptocurrencies really is very risky and you can lose a lot of money if you dont know what you are doing. No country can really restrict people from using cryptocurrencies because they would have to close all the network's. They can restrict people from using cryptocurrencies for shops in their country but thats still not going to stop people using them. Also it is pretty hard to make bitcoin an illegal thing since you cannot catch someone who has transferred bitcoin in your country. People are going to sell bitcoin for cash,not online so that at the end bitcoin will progress even more.

cissrawk

sr. member

Activity: 1218

Merit: 410

Secure your crypto : https://notyourkeys.org

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?

Nothing special about it, probably just same topic.

Yes, you cant use bitcoin for buy stuff or something in indonesia but you can invest in bitcoin. Its still legal to have bitcoin but if you want to buy stuff you need to convert it to IDR. Tho, some online store still use bitcoin as their payment.

FYI, the lastest news from indonesia is Oscar Darmawan (Founder and CEO Indodax A.K.A VIP Bitcoin.co.id) just had a meeting with president's staff to discuss about blockchain and president's staff give a good respon, he post it on his facebook .

9jaflick

sr. member

Activity: 728

Merit: 254

the government of the country are just concerned about their citizen and their investment, this is normal, so many things are happening in the crypto space when it comes investment. advice is welcome in as much as it is positive.

Topic: i read news from indonesia - page 4. (Read 637 times)