Indonesian Ban

[mukabokep]

to be honest I was very sad when I saw the news some time ago .. I see it seems a lot of countries are already tire bitcoin somehow there dipikiran them .. for Indonesia itself may be worrying if the corruptors make bitcoin as alatt in their money laundering ..

after the news came up that I saw more and more indonesian people who were interested in bitcoin .. even many forex players are now trading bitcoin. 

[IanRidgwell]

Every country have own decision about bitcoin, they have own reason to ban bitcoin not tobe used on their region, bitcoin can still use on their region but government do not have obligation to protect user bitcoin.

Countries are afraid about their economy. Governments think that bitcoin would decrease the average economy of their country. They are doing right in one sense but the government seem to be selfish they don't think  that it facilitates the people and is helping them to do exchange easily and transfer money from one place to another but think only about the economy of the country. 

Yes you are right, some countries may have rejected bitcoin because of the reason that they afraid that bitcoin will decreases the economy power, not only Indonesia but some other countries still do not know about the fact of bitcoin. I am sure that when they will know about the importance of bitcoin they will surely start accepting bitcoin as legal currency and will give more importance to it.

[Trivelius]

I do not think that that is a bad thing because a lot of Indonesian people on this forum cannot even speak English and they get easy stakes just because they google translate their posts and put it in here or even when they write articles in Indonesian language.

Lol, funny, so you mean because they don’t know English, that means they should be ban? Lol, I don’t think so. There are some people in Indonesia that are very good in English, despite that fact that most of them can be uneducated. By the way, they haven’t done so, they said it shouldn’t be used as a means of payment, so I think they will be allowed to just invest or trade in it.

Sounds bad! This is really bad news because bitcoin is the way to help people and make their life easy. Bitcoin helps people to make their life easy in ways like to transfer money from one place to another or to earn money online. Bitcoin make a lot of life changes and about Indonesia I feels weird that bitcoin has been rejected there.

[dameh2100]

Sounds bad but if you read the article, bitcoin in Indonesia will not be banned, they just warn those who use bitcoin for payment. Perhaps the central bank of Indonesia can not regulate the bitcoin because it is very risky, bitcoin can be use as money laundering of unknown people if the goverment of Indonesia can't handle it.

[MommyElsa]

Indonesia’s central bank, has threatened action against bitcoin and say

I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.

Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

They can clearly say that bitcoin is not official for payment tool but they cannot stop someone from using bitcoin because they cannot verify who uses bitcoin.

[carlisle1]

Indonesia’s central bank, has threatened action against bitcoin and say

I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.

Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

all things are definitely risky but it should, I think Indonesia should have a foresight as well with this bitcoin. certainly should be able to follow the country that has legalized bitcoin and know the rules so as not to contain too much risk. so Indonesia is able to legalize bitcoin without thinking about the risks it carries.

right indonesian government must have foresight that bitcoin wont give them risk instead would gove them help to fasten the transaction and at the same time make another way of income provider for their people.i think there is a lobbyist in indonesian government  to get rid of crypto for there own interest or their business not to be affected by this community

[richmcrich]

Indonesia’s central bank, has threatened action against bitcoin and say

I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.

Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

I'm afraid not for bitcoin but for them rather because they see things differently as we sees them. They say there is a risk, but does they think that there is no things existing without a risk. Risks are nothing compared to success. And if bitcoin can bring success to their community then why would you think for risks. I guess they are really against on bitcoin and they're just making some excuses.

Indonesian are doing wrong to themselves they are only seeing toward negativity but not toward the brighter side still improvements are under process and their concern will be sorted out but it will be late at that time, bitcoin is the leading way toward the development and progress and this coin has capability to give boost to the economy as well and banning it means saying goodbye to development and progress.

If they want to ban bitcoin let them they are the ones that are going to lose in the end, bitcoin is the future and there is no way to stop it and the more they resist the more painful it is going to be in the end since they are not going to get a lot of benefits that bitcoin brings, many times people talk about the benefits early adopters got but the benefits to countries that adopt bitcoin early are going to be huge as well that is why Japan legalized bitcoin because they understand this.

I think that their government got surprised by the popularity of Bitcoin in their country and, considering the bad financial situation, they are trying to control the market by banning it. Let's hope that tomorrow will be a better day.

I think if it is true that Indonesia has banned bitcoin then I must say that they have followed China decision about bitcoin, but as we know that china once banned bitcoin in 2013 but soon they allow their people to trade in bitcoin and once again they banned bitcoin in 2017 but it will also be for the time being and so the Indonesian government will do in the near future. I do not know any reason for banning bitcoin why they took such a step?

[Wa(t)ch_night()]

Indonesia’s central bank, has threatened action against bitcoin and say

I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.

Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

This is an obvious fact, Indonesia just realized what it could be threatened with by bitcoin, and that it will take a lot to do this. For example, if you take bitcoin it was necessary to regulate it somehow, and the national currency would have to be revised, and so much easier and in principle more correct.

[Casdinyard]

Sounds bad but if you read the article, bitcoin in Indonesia will not be banned, they just warn those who use bitcoin for payment. Perhaps the central bank of Indonesia can not regulate the bitcoin because it is very risky, bitcoin can be use as money laundering of unknown people if the goverment of Indonesia can't handle it.

When we hear that when a country banned bitcoin we think that it's another bad news that can affect for the image of bitcoin and there will be a lot of trollings and many will believe without hearing the other side. Indonesia just want to stop the illegal fund raising of money as their people victimized by it and bitcoin is just use as instrument.
Indonesian government is just being careful with its people not to be a victim of the rampant fraudulent.

[bajigur894784]

I think.. the prohibition of Indonesian central bank has no effect on bitcoin users in  his country.
proven, bitcoin users in Indonesia don't stop to continue to buy and use bitcoin.
and I think, as long bitcoin as still exists, as well media for buying and selling or exchange's media can still be accessed, this will continue.

[im posible]

I think it is just a snapping because cryptocurrency is not yet legal in Indonesia. Even so the user bitcoin in Indonesia is quite a lot and mutually reinforce each other.

[AVAMONEY]

Indonesia’s central bank, has threatened action against bitcoin and say

I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.

Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

They can clearly say that bitcoin is not official for payment tool but they cannot stop someone from using bitcoin because they cannot verify who uses bitcoin.

This is the main problems how regulation can't be creates since we can open bitcoins wallet in many platform, we can move amount Btc to many ways wallet and exchanges. The government can't monitoring and verify this easily.
I think as long bitcoins doesn't using for illegal transaction i think we as bitcoin holders shouldn't worried againts the laws.

[kidsrock]

i think the indonesian government is not already learn with bitcoin so they can give warning for every people in indonesia to not use bitcoin. and if their people decide to use bitcoin then they should know the risk and they will take the responsible if somehow they are loss their money. the government will not give any statement yet as bitcoin is not legal in indonesia but i hope soon their government will give approval for the people so they can use bitcoin with safe.

[entebah]

I am embarrassed by the State of Malaysia, they have started discussing the rules about Bitcoin while Indonesia has not been interested and even banned the use of Bitcoin.
I'm sure Bitcoin users in Indonesia are very much, they are waiting for new rules for the use of Bitcoin legalized.

[yanlap]

i think the indonesian government is not already learn with bitcoin so they can give warning for every people in indonesia to not use bitcoin. and if their people decide to use bitcoin then they should know the risk and they will take the responsible if somehow they are loss their money. the government will not give any statement yet as bitcoin is not legal in indonesia but i hope soon their government will give approval for the people so they can use bitcoin with safe.

Well not only the Indonesia but almost all the countries should give the space to the bitcoin, now I am buying the bitcoin and in my country the bitcoin is not the famous currency I can have the fun with the bitcoin if the bitcoin will the regular currency in my country as much as the Indonesia concerned the bitcoin is not going to be ban in because it has a lot of the value now.

[odez999]

Indonesia will ban BitCoin somewhere in 2018 by Bank of Indonesia Governor !!!

"BI Governor Agus Martowardojo said that, in their bid to protect the rupiah as the legal tender in the country, the central bank will ban Bitcoin and all forms of cryptocurrency sometime in 2018, which includes prohibiting any party from facilitating their transactions."

https://coconuts.co/jakarta/news/indonesia-ban-bitcoin-value-popular-cryptocurrency-soars-us10000/

HUGE NEWS for 300 milion people market !

[King Sastro]

Now more countries that are afraid of bitcoin will make more and more people curious, Indonesia is a big market and I'm sure this will not have any impact on the development of bitcoin in local Indonesia or bitcoin in general.

[shark69]

I think for bitcoin in Indonesia is not prohibited, because the government also has not issued regulations to not play bitcoin. and until now there is no regulation governing it.

[googs84]

In the month of October central bank of Indonesia declared that it will not accept Bitcoin as a form of payment. As a result two major exchanges TokoBitcoin and BitBayar have to shut their operations from 1st Nov.2017. Indonesian trading volume was accounts for 0.18 percent of total trading volume worldwide. Now it is necessary for the bicoin holders from Indonesia to incash their assets to fiat cash. This is happening in the time when bitcoin has crossed $10000 mark. Indonesian Governor have taken these steps to protect Rupiah, the legal tender of their country. They fear that cryptocurrencies could potentially be used for money laundering and even funding terrorism.

[syamster]

Every country have own decision about bitcoin, they have own reason to ban bitcoin not tobe used on their region, bitcoin can still use on their region but government do not have obligation to protect user bitcoin.

Countries are afraid about their economy. Governments think that bitcoin would decrease the average economy of their country. They are doing right in one sense but the government seem to be selfish they don't think  that it facilitates the people and is helping them to do exchange easily and transfer money from one place to another but think only about the economy of the country. 

To be frank, the users of bitcoin is always a minority in the entire parts of the world. Saying that it's selfish for the government to decide banning the bitcoin in Indonesia as the means of payment method just can't justify your statement. By allowing bitcoin, it will only facilitates small parts of community in their country while banning it and only use legal currency in their country could bring greater good for their economy.

Its same situation as we see in past because bitcoin have already faced such a banned from china and after that bitcoin come back and the way bitcoin fight against china so I will must appreciate bitcoin because bitcoin don’t believe and don’t accept any banned because bitcoin is such a powerful currency and its believe to survive and I’m quite sure that still some fork want to disturbed bitcoin but they will be fail same like china.