Place Bitcoin according to its portion
Bank Indonesia gave a warning about the ownership and use of bitcoin. How do we see it? "The Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way" - Janet Yellen, Chair of the US Federal Reserve, Feb 27, 2014 Everyone also knows that the currency that valid as legitimate payment in Indonesia is Rupiah, and for that there is a law, namely Act No. 7 of 2011 on Currency. Except on borders such as the border in North Kalimantan, the Ringgit or Dollar currency may not be used as a means of payment in Indonesia. There will be a sanction. But if anyone can invest in stocks, gold, or hard currency such as Euro or Dollar, why when euphoria occurs in the field of cryptocurrency, then BI again reminded of the existence of the Law on Currency. “Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. I’m not surprised to see that happening.” - Jim Rickards, ...