the Indonesian govemment has not set been able to arrange Bitcoin
because it stiil hit the system.
I agree with you ... the government also can not
operate bitcoin yet
Here in our country, my colleague interviewed the lawyer at the BSP (Central Bank) and they said that the government sees bitcoin not as money, but as property and isn't subject to legal tender. The government does not see it as a threat as of now and that explains the lack of government intervention with it. But they must also consider that its values is significantly high, people use it as a means of trading. They also didn't mention about the websites that lets you convert bitcoin to fiat and that is why I'm having doubts to its regulation in the future.