I think indonesia does not banned bitcoin, it's just prohibiting transactions using bitcoin and not forbid to own or collect bitcoin..

I don't think this move will last. They can not totally ban bitcoin in Indonesia. the much that will happen is that the will clamp down on physical bitcoin offices. They cannot totally and successfully stop bitcoin use in Indonesia.

it's the bad news for all of bitcoin community but I think it will agair open for all Indonesian. In near future bitcoin will go to the moon.

It is a pity to hear about this news. Its neighborhood countries such as Singapore, Hongkong and Malaysia are accepting Bitcoin well. Perhaps if Indonesian really want to buy Bitcoin to hold, they have to buy using cash at this moment.

yes, Indonesia forbids bitcoin, but more specifically prohibits bitcoin used as a transaction tool.
the Indonesian government has no regulation and rules about bitcoin. there are only a few statements from BI that bitcoin can not be used as a transaction tool. so it still opens opportunities for mining.

What I know until now there is no ban on bitcoins but can not be used transactions, but there is no prohibition to have bitcoin, hopefully there is no limit until later so we can still work and earn money with bitcoin.

Can't be used in transactions? This means that you can't sell it to your friend in private because you'd be breaking the law. They can see you guys playing with your mobile wallets in a public place and handcuff you, take your phones and put you in a cell. How nice of them. Two people trading electronic tokens can be put in jail with all the murderers and rapists. This country deserves to stay in financial shithole that it is.

Thank you, if you wouldn't posted this i was never going to know that! Thank you so much! You are my hero!!11

Came on, another three people answered exactly the same and you are just repeating it in simple one-line post? I have already reported your post, the amount of crap in this board is INSANE.

Anyway, maybe there should be some kind of regulation in Indonesia, that is the country that most bitcoin is trading at the moment, and maybe because of this forum.. and you know what i mean..

These countries are showing their true colors; the ones that hate freedom will ban bitcoin and the ones that are less afraid will wait and see.

I as an Indonesian citizen is very disappointed with the government
why they forbid us to trade and even trade crypto currency
But Menkoinfo has not issued an official decision, it is just a claim from the Indonesian bank only
I hope bitcoin remains in acceptance in Indonesia otherwise, many will lose their livelihood,