Bitcoin threatens the Indonesian government

in #bitcoin7 years ago

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More and more bitcoin transactions in Indonesia make the government began to supervise the activities of these transactions.

According to Indonesia's finance minister Sri Mulyani, the increasingly widespread transaction activity in Indonesia has the potential to be used by certain parties to commit criminal acts, such as money laundering and embezzlement of corruption.

Even some time ago, Bank Indonesia banned the use of virtual currency is to be done as a tool of transactions in Indonesia.

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But according to some measures taken by the government is too hasty and without doing more in-depth research.
The government is too afraid if the use of bitcoin as a means of transaction and as the target of Indonesian society investment will beat the strength of the rupiah.
This is because the bitcoin transaction using the peer to peer system makes government controls weaker.

But for bitcoin users, the system used by bitcoin is much better than the government uses in banking transactions, because for some bitcoin users to embody all personal assets are private property and the government has no right to intervene.

Quoted from various sources.