Bitcoin in Indonesia is not legal yet, all buying and selling activities must use rupiah. In the past many sellers offered payment with bitcoin, now they can't. the government has given regulations so that all trading activities must use the rupiah. will this be a negative or a positive impact?
Not only in Indonesia but in many countries Bitcoin is not legal yet, I am from India and here even local Bitcoin exchanges are not allow to send or receive money from any of nationalize bank but I think its does not affect Bitcoin value, people are still investing into bitcoin, all transactions in any country can be done thr local currency and local currency can be purchased against bitcoin, I hope governments will realize the power of blockchain concept one day.