Indonesians Join 'Bitcoin' Investment, What's the Impact?

in #bitcoin6 years ago (edited)

Bitcoin as one of cryptocurrency has a fast value movement. Although fluctuating bitcoin is still the most sought-after virtual currency by people. There are two ways to get bitcoin ie buy via marketplace and mine or mining.

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Well in Indonesia, is currently booming mined bitcoin. This was revealed by a computer vendor in Glodok. They mention many people who pre order a set of computers to mine currency created by Satoshi Nakamoto this.

Responding to this, Bitcoin Indonesia CEO Oscar Darmawan explained that many Indonesians are starting to mined bitcoin, thus contributing to the development of computer industry in Indonesia.
Because by mining people buy Video Graphic accelerator (VGA), computer equipment and other equipment. I we are very positive, "said Oscar,
Oscar revealed, the rise of bitcoin mining is expected to encourage transactions in the marketplace that sells this virtual currency. This is because supply bitcoin can be better and faster.

But, according to Oscar, mining or mining is not the right choice if you want to get the economic value of bitcoin.

"If mining is longer, it will be faster to buy in the marketplace, easier," he said.
Currently bitcoin remains in demand a number of groups who are pursuing profits. Because bitcoin prices had soared to touch US $ 18,900 per chip, whereas in 2011 the value of bitcoin is only about Rp 100 thousands.

He explained, bitcoin can be likened to commodities and not as a means of payment.

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"We still support the regulation of BI for payment transactions in Indonesia, similarly if we pay in Indonesia we use the US dollar, Euro or Yen illegal name, because the legal only dollars," said Oscar.

Oscar revealed, for this digital asset, Japan is one of the countries whose financial authorities have set the cryptocurrency trading exchanges. It aims to monitor money laundering and terrorism financing.

"So this is just digital assets and commodities, I never asked this to be passed into the currency because the transaction in Indonesia should use the rupiah," said Oscar.