If you live in Indonesia and are complaining a lot about government policies that are starting to poke into your kitchen affairs.
Yes, this time the most striking thing is that dormant accounts will be blocked! 👀
Are you shocked? Very shocked!!
Accounts meant for saving money, because of frugality and being dormant can be blocked by PPATK. Yes, even if there's money in it, it's not empty!
Many questions are swirling around.
🔶 How can it be blocked even if there's money?
🔶 Why is the government regulating our own money?
🔶 I’m not even involved in gambling, so why am I affected?
🔶 How long can our account be reopened after reporting to the bank?
🔶 Is it really that complicated to manage this?
So guys, for accounts that are blocked, these are dormant accounts where the account "has had no transactions for 6 months!". All accounts will be treated the same for that reason.
As for the complications, yes, it's very complicated. Because after reporting to your respective banks, you must bring the evidence requested by the bank to be forwarded to the PPATK headquarters. You need a week or even longer. So it’s not instant in a day 🥲🙃
Do you think this policy is good for crypto?
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See you 🥷🥷 #EthereumTurns10