[2015-06-25]DMT - BTC is Not a Legal Payment Method According to Bank Indonesia

[jdebunt]

http://digitalmoneytimes.com/crypto-news/bitcoin-is-not-a-legal-payment-method-according-to-bank-indonesia/

“In view of the Act No.7 Year 2012 concerning Currency and Act No.23 Year 1999 which has been amended several times, the latest with Act No.6 Year 2009, Bank Indonesia states that Bitcoin and other virtual currency are not currency or a legal payment instrument in Indonesia. The society is encouraged to be careful toward Bitcoin and other virtual currency. All risks related to the ownership/use of Bitcoin should be borne by the owner/user of the Bitcoin and other virtual currency.”

[odolvlobo]

... All risks related to the ownership/use of Bitcoin should be borne by the owner/user of the Bitcoin and other virtual currency.”

In other words, if you want to use Bitcoin, you have to take responsibility for your own actions. Everyone else can act like babies, and depend on the state to tell them what to do.

[unamis76]

They're not telling any lies. If you want to risk not having your funds controlled and observed by a government, if you want to be able to spend your funds freely without being asked where they're going or why is that much money moving or if you want to keep your money yourself safely without having to rely on a central authority and give them all access to your money, then you can use Bitcoin