This has been brought up before. To clarify, nowhere in the statement does it actually say ban. What is prohibited is to accept is as payment. This is only natural, as has been the same, unchanging stance for the central bank since 2014. This is exactly the same as with neighbours Malaysia in the same year - both central banks are historically on the same page when it comes to digital currency. They had the exact position with e-gold a decade before this, and with Paypal years earlier.
All these positions have actually been the result of use by groups linked to pyramid/ponzi/hyip schemes who use these currencies/payment processors.
Since 2014, not a single action has been taken against those using the prohibited currencies for personal, OTC, or private transactions. All known exchanges are still operating today, and localbitcoins volume has not been affected.
So don't worry. If you aren't doing anything naughty, you're good.
Thank you for Clarification, then after all the Indonesian Government just doing nothing for their law? Therefore the Law is just for "person who used bitcoin on bad activities" ?
All I'm saying is, the typical Bitcoin user should have nothing to worry about. These central bank warnings are not new in our part of the world, and serve as cautionary advice to people unfamiliar with it - as they are usually hearing it for the first time as a "get rich scheme", and then when they lose their funds they turn to the central banks, who in some part guarantee the safety of funds stored in regulated banks (BI and BNM for example guarantee all customer funds in banks, up to a certain limit).
Of course there is always a risk when the government steps in, but if they really made moves, you'd hear it first from the exchangers you're likely using. Luno and Localbitcoins come to mind. The motives behind these statements are unclear, made worse by media who don't understand them.
In worst-case scenario, the banks will want to ensure citizens have a chance to act before just seizing anything to avoid fallout.
