I feel lucky because although it is not yet declared as legal in our country, the good thing is it is not banned. Maybe we have nothing to to with it, government rules.
Well it is not good to say that we cannot do anything because we can do everything. We should make bitcoin high in price by using more and investing more but even then if a country use to ban bitcoin it will not have any impact on the importance and the price of bitcoin, if the government will find bitcoin good and they will accept the presence of bitcoin then defiantly it will not be banned in any country including Indonesia. 
Topic: Indonesian Ban - page 2. (Read 3515 times)
Indonesia’s central bank, has threatened action against bitcoin and say
I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.
Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/
Quote
I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.
Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/
indeed the people of Indonesia can not use crypto currency as a means of payment but the people of Indonesia does not prohibit using bitcoin. the people of Indonesia can use bitcoin as a means of payment if they have exchanged it to the Indonesian currency
Every country have own decision about bitcoin, they have own reason to ban bitcoin not tobe used on their region, bitcoin can still use on their region but government do not have obligation to protect user bitcoin.
Countries are afraid about their economy. Governments think that bitcoin would decrease the average economy of their country. They are doing right in one sense but the government seem to be selfish they don't think that it facilitates the people and is helping them to do exchange easily and transfer money from one place to another but think only about the economy of the country.
I feel lucky because although it is not yet declared as legal in our country, the good thing is it is not banned. Maybe we have nothing to to with it, government rules.
Yes, a sad news really.
I dreamed that someday i can use my bitcoin to buy or transact something in my country. But what now? They banned bitcoin as payment. What a nonsense.
Well ... at least they don't ban us to invest and earn money from bitcoin. Since quite many indonesian people use bitcoin as their source of income, including me.
But as far as i know, there haven't any official rules already about it? They also only said we need to take the responsible ourselves if we still want to use bitcoin to transact. Not really banned it, i think?
I dreamed that someday i can use my bitcoin to buy or transact something in my country. But what now? They banned bitcoin as payment. What a nonsense.
Well ... at least they don't ban us to invest and earn money from bitcoin. Since quite many indonesian people use bitcoin as their source of income, including me.
But as far as i know, there haven't any official rules already about it? They also only said we need to take the responsible ourselves if we still want to use bitcoin to transact. Not really banned it, i think?
Bank of Indonesia has a reason why they ban bitcoin. BI have their own policy for their country and for their people.The government think that Bitcoin had the potential for financing, terrorism and other negative acts.
Indeed, BI (Indonesian bank) prohibits bitcoin as a means of transactions in their country, and the only transactions allowed in Indonesia are only rupiah. But if the government only think its negative course Indonesia will not progress, positive thinking should also be done so that Indonesian people can successful and prosperous.
I think this news will only push up the higher bitcoin prices.
because no one can stop bitcoin because bitcoin is not set by anything.
because no one can stop bitcoin because bitcoin is not set by anything.
Bank of Indonesia has a reason why they ban bitcoin. BI have their own policy for their country and for their people.The government think that Bitcoin had the potential for financing, terrorism and other negative acts.
Indonesia makes many funny news. The statement of the deputy Governor of Bank of Indonesia just an absolute shame. Meanwhile, Bitcoin is top 10 on google based Indonesian search
In my opinion, BI is worried about the risks associated with the use of bitcoin by the public. This is because BI is sniffing the potential for bitcoin cheating to be used as an unlawful act, such as terrorism, money laundering, prostitution, and drug trafficking. so in this case there is a concern from BI.
Indonesia makes many funny news. The statement of the deputy Governor of Bank of Indonesia just an absolute shame. Meanwhile, Bitcoin is top 10 on google based Indonesian search
Bank Indonesia has a single objective of achieving and maintaining the stability of the rupiah. Bitcoin transactions in Indonesia are still relatively low, only about 4 percent of the total world transactions. But over time the number continues to increase. He believes the central bank regulation will not be too influential because of the universal nature of Bitcoin.
The central bank's regulation will not have much effect on the regulation in Indonesia. Bank Indonesia's concerns are premature. Some countries have also received bitcoin and legalized it. Although this requires a long process, but the act of forbidding bitcoin as a tool of transactions in Indonesia is not too true.If the forbidden is in the form of an open bitcoin investment advertised in the mass media, trading like this I will agree to be banned.
Bank Indonesia has a single objective of achieving and maintaining the stability of the rupiah. Bitcoin transactions in Indonesia are still relatively low, only about 4 percent of the total world transactions. But over time the number continues to increase. He believes the central bank regulation will not be too influential because of the universal nature of Bitcoin.
Bank Indonesia has a single objective of achieving and maintaining the stability of the rupiah. This has two aspects: the stability of the value of the rupiah against goods and services reflected in the rate of inflation; as well as the stability of the value of the rupiah against the currency of other countries as reflected in the development of exchange rates. In terms of execution of duties and authorities, Bank Indonesia implements the principles of accountability and transparency through publicly delivering information to the public at large through the mass media at the beginning of each year on evaluating the implementation of monetary policy, as well as monetary policy plans and the setting of monetary targets in the coming year .
Every country have own decision about bitcoin, they have own reason to ban bitcoin not tobe used on their region, bitcoin can still use on their region but government do not have obligation to protect user bitcoin.
Countries are afraid about their economy. Governments think that bitcoin would decrease the average economy of their country. They are doing right in one sense but the government seem to be selfish they don't think that it facilitates the people and is helping them to do exchange easily and transfer money from one place to another but think only about the economy of the country. 
Every country have own decision about bitcoin, they have own reason to ban bitcoin not tobe used on their region, bitcoin can still use on their region but government do not have obligation to protect user bitcoin.
Countries are afraid about their economy. Governments think that bitcoin would decrease the average economy of their country. They are doing right in one sense but the government seem to be selfish they don't think that it facilitates the people and is helping them to do exchange easily and transfer money from one place to another but think only about the economy of the country.
In the month of October central bank of Indonesia declared that it will not accept Bitcoin as a form of payment. As a result two major exchanges TokoBitcoin and BitBayar have to shut their operations from 1st Nov.2017. Indonesian trading volume was accounts for 0.18 percent of total trading volume worldwide. Now it is necessary for the bicoin holders from Indonesia to incash their assets to fiat cash. This is happening in the time when bitcoin has crossed $10000 mark. Indonesian Governor have taken these steps to protect Rupiah, the legal tender of their country. They fear that cryptocurrencies could potentially be used for money laundering and even funding terrorism.
I think for bitcoin in Indonesia is not prohibited, because the government also has not issued regulations to not play bitcoin. and until now there is no regulation governing it.
Now more countries that are afraid of bitcoin will make more and more people curious, Indonesia is a big market and I'm sure this will not have any impact on the development of bitcoin in local Indonesia or bitcoin in general.
Indonesia will ban BitCoin somewhere in 2018 by Bank of Indonesia Governor !!!
"BI Governor Agus Martowardojo said that, in their bid to protect the rupiah as the legal tender in the country, the central bank will ban Bitcoin and all forms of cryptocurrency sometime in 2018, which includes prohibiting any party from facilitating their transactions."
https://coconuts.co/jakarta/news/indonesia-ban-bitcoin-value-popular-cryptocurrency-soars-us10000/
HUGE NEWS for 300 milion people market !
"BI Governor Agus Martowardojo said that, in their bid to protect the rupiah as the legal tender in the country, the central bank will ban Bitcoin and all forms of cryptocurrency sometime in 2018, which includes prohibiting any party from facilitating their transactions."
https://coconuts.co/jakarta/news/indonesia-ban-bitcoin-value-popular-cryptocurrency-soars-us10000/
HUGE NEWS for 300 milion people market !
i think the indonesian government is not already learn with bitcoin so they can give warning for every people in indonesia to not use bitcoin. and if their people decide to use bitcoin then they should know the risk and they will take the responsible if somehow they are loss their money. the government will not give any statement yet as bitcoin is not legal in indonesia but i hope soon their government will give approval for the people so they can use bitcoin with safe.
Well not only the Indonesia but almost all the countries should give the space to the bitcoin, now I am buying the bitcoin and in my country the bitcoin is not the famous currency I can have the fun with the bitcoin if the bitcoin will the regular currency in my country as much as the Indonesia concerned the bitcoin is not going to be ban in because it has a lot of the value now. Jump to: