Apa khabar neighbour! I think its a GREAT IDEA! But I'm not too sure about the entire island, you will need your government to support for sure, but you can start small first, and if it's gonna take off, it's gonna take off, if not, well, at least you tried! How's the bitcoin scene in Indonesia? We have our first Bitcoin ATMs in Malaysia a month ago, one in Bangsar, KL and one in Penang, with more to come. I think bitcoin will be big this part of the world too. But we really need all the other SEA countries to be on board as well. Hopefully when adoption has grown big enough with its infrastructures in place bitcoin will be accepted as legal tender.
Apa Kabar, bukan Apa khabar
i still think it's better to wait for the government to settle down some rules for cryptocurrencies before we take the next step... Even if the governments can't meddle with bitcoin directly, they can ban it like what Russia did and their citizen would begin to fear bitcoin again