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Topic: Indonesia, the second largest crypto adopter without legality. - page 6. (Read 1166 times)

sr. member
Activity: 1218
Merit: 410
63% is huge number but https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory#Indonesia, says that their Central Bank ssued a regulation banning the use of cryptocurrencies including bitcoin.
Not banned, im indonesia and you can still do trading with bitcoin or atleast as commodities as far as i know.
But yeah 63% its quite high tho..
hero member
Activity: 1274
Merit: 516
I believe crypto could be making people's life become better, especially in developing countries, bitcoin ever make a huge publicity, the President and the Minister ever mention about crypto, the unemployment rate in Indonesia is quite high and we know how crypto could be the source of income, so crypto are pretty popular in Indonesia
hero member
Activity: 2842
Merit: 772
Any link though?

63% is huge number but https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory#Indonesia, says that their Central Bank ssued a regulation banning the use of cryptocurrencies including bitcoin. So I was surprised by the statistics. Anyhow, Asian region is really taking the lead about crypto adoption and I wouldn't be surprised that in 2-5 years crypto will be widely accepted either as cross-border payments or micro payments schemes.

member
Activity: 812
Merit: 11
based on the results of a survey from TNS that collaborated with one of the LUNO crypto exchanges, they concluded that 63% of Indonesian people knew the crypto world.

they realize that crypto is a solution to create a better economy. this percentage defeats Malaysia, France, Italy and Romania.

So, Indonesia is in second place after South Africa with a percentage of 70%.

of 63% of the Indonesian population, they have more bitcoin. Their reason is that bitcoin is the safest and most profitable investment product.

I am indonesian and i am believe that survey is true. Many people having knowledge about cryptocurrency and many of them investing their money into cryptocurrency market. I think its great but like others country, we can use bitcoin for payment in merchant because againts regulation but we have a local exchanger
full member
Activity: 2576
Merit: 205
That is true i heard that indian government not agree for cryptocurrency
But government they their people to careful using bitcoin becuase of the risk
But they didn't not bitcoin treated as egal currency
full member
Activity: 714
Merit: 101
This Is Promissing Project
I think this survey is a bit true, because Indonesia is indeed an average bitcoin investor invests in bitcoin, but it is only for the middle class and above, the lower classes cannot recognize bitcoin, not to invest, to follow the development of bitcoin is rather difficult, because indeed they have limitations on that.
member
Activity: 560
Merit: 11
based on the results of a survey from TNS that collaborated with one of the LUNO crypto exchanges, they concluded that 63% of Indonesian people knew the crypto world.

they realize that crypto is a solution to create a better economy. this percentage defeats Malaysia, France, Italy and Romania.

So, Indonesia is in second place after South Africa with a percentage of 70%.

of 63% of the Indonesian population, they have more bitcoin. Their reason is that bitcoin is the safest and most profitable investment product.
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