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RE: Central Bank of Indonesia: Receive Blockchain, Reject Crypto | Bank Indonesia: Menerima Blockchain, Menolak Cryptocurrency |

in #blockchain7 years ago (edited)

I think crypto doesn't need direct support from any of central banks at any countries, coz as I understand crypto is out off the conventional monetering system. So, acctepted or rejected by Central Bank of Indonesia, it won't change anything. Thank you for sharing this essential information from your event.

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I agree with you @alzamna. When the central bank governor spoke to journalists about the crypto ban, the price went up. However, we do not expect the government to ban crypto as an investment instrument. the situation as it is now profitable for the crypto traders in Indonesia.