Quote from: Gerci on January 13, 2018, 05:23:01 PM

If we can philosophize a bit, what is it really a digital currency? Because the official definition of the government of the Republic of Indonesia does not exist when this article was created. We take the closest definition according to Law no. 7 Year 2011 Article 1 Paragraph 1 which writes, as quoted "Currency is money issued by the Unitary State of the Republic of Indonesia hereinafter referred to as Rupiah." And if combined with Law no. 23 Year 1999 Article 2 Paragraph 2, as quoted "Rupiah currency is a legal means of payment in the territory of the Republic of Indonesia". Of the two definitions of cryptocurrency is certainly not official because it is not issued by NKRI and not a legal means of payment.So the impact of a bitcoin ban on a country can be said to defend its own currency, in the presence of bitcoin they may fear the price of its currency is not worth anymore.

I agree. But you are specifically talking about the national currency of the Republic of Indonesia. It is going to be Rupiah, the one agreed to be the official legal tender of the nation. With such basis, Bitcoin will of course find itself a total stranger. It is because Bitcoin is not a currency as we understand it traditionally. It is some kind of revolution in the payment system. It is even something that is against the way the world is working right now so how can it be in any way protected by law?