Seeing Digital Currency in Indonesia, like what?

 

Digital currencies like Bitcoin, the more well-known in Indonesia one of them after the news about the attacks in cyberspace some time ago.

Exposed on Bitcoin one WannaCry ransomware attack occurs when the global internet world in the middle of this year, hackers ransom in Bitcoin.

In Indonesia, according to the founder of the site selling digital currency Bitcoin Indonesia, Oscar Darmawan, knowledge about cryptocurrency not as big as in other countries.

Digital currency transactions in Indonesia, according to Oscar, almost as large as Thailand for the Southeast Asian region.

However, when compared with Japan, is still much lower, only in numbers ranging from 1 percent, according to his estimates.

However, enthusiasm for virtual currency can be seen from the site members who reached 500 thousand people.

Just like other forms of investment, the price of digital currency difficult to estimate because moving with the market.

Piece Bitcoin exchange is now worth in the range of 50 million, becoming the highest-value virtual currency in the country.

Meanwhile, in view of the value of the transaction, the digital currency Bitcoin, Ethereum and Ripple occupy the top three in Indonesia.

The biggest obstacle faced by the digital currency in Indonesia is about regulation.

There are no government regulations, such as in Japan that equates digital currency with conventional currency, rated difficult.

"The government is cautious attitude, it's good. But, it is also difficult for the industry. Industry would experiment hindered," Oscar said when met at Tangerang, on Tuesday (26/9) then.

He hoped that the government would be the same as the Japanese that the regulation is in conventional currency also apply in the digital currency.

"No need to create a new rule, simply equate virtual currency as anything. Industry will try to read the rules and adjust," he said.

If considered equivalent to conventional currency, the legal provisions concerning crimes in cryptocurrency transaction will be clear so that the public is protected.

Payment via blockchain system, even though anonymous, is considered safe because the transaction can be seen in the network.

Bitcoin is not the only cryptocurrency circulating in the world. In addition to Bitcoin, known also Ethereum, Ripple, dogecoin, litecoin and Swiftcoin.