So far Bitcoin is one of the phenomenon of digital currency or cryptocurrency which is currently gaining popularity in Indonesia, but the understanding of Bitcoin in Indonesia is still very minimal.
Bitcoin that uses blockchain technology makes it different from digital money and digital currency.
Blockchain technology created in 2009 uses a decentralized peer-to-peer system, so it does not rely on a single server like a traditional database system.
Nidya Rahmanita, Lead Consultant and representative of Bitcoin Indonesia, said bitcoin and other cryptocurrency, now a promising option because of its gold-like properties.
Bitcoin can be used to transact anytime, by anyone, anywhere and anywhere quickly and easily.
Bitcoin is obtained by mined automatically with a super computer, and can not be faked or destroyed.
In addition users can also get Bitcoin from the faucet website or buy through a market place such as PT Bitcoin Indonesia.
The limited number and high demand around the world make the value of Bitcoin continues to rise and its potential is more promising.
"But the use of bitcoin and blockchain can not be separated from the high risk, especially with unrecognized bitcoin status and regulation," he explained.
According to him, with a clear regulation it will be possible for Indonesia to regulate tax withdrawal so that the country's income also increases.
The use of blockchain that records all transactions publicly also makes it easier for the government to monitor suspicious transactions, such as corruption, money laundering, and the financing of acts of terrorism.
"If we do not immediately regulate Bitcoin in Indonesia, Indonesia itself will be left behind from other countries," he said.
He explained, bitcoin has a variety of potential and exciting advantages to be utilized and applied in Indonesia.
This is because the current trend of increasingly cash-less society and the share of e-commerce is increasingly global..
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