The Bitcoin Indonesia platform announced an official meeting that brought together representatives from the Bitcoin community in Asia with the Vice President's Office in Indonesia to discuss the idea of using Bitcoin as part of national reserves 🇮🇩✨
Although no official decision has been made yet, this meeting is an important precedent at the sovereign level and opens the door for the inclusion of digital assets in the macroeconomic policies of a country the size of Indonesia.
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🧠 What happened?
🔸 The use of mined Bitcoin (BTC) has been proposed as part of the mechanism for building national reserves.
🔸 Vice President “Gibran Rakabuming Raka” expressed interest in enhancing national education about Bitcoin.
🔸 The Bitcoin Indonesia group provided educational books and a commemorative shirt at the meeting, affirming their commitment to awareness rather than promotion.
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📊 Current reserves of Indonesia:
🇮🇩 The official reserves include: the US dollar, gold, and government bonds.
📈 Foreign reserves rose to $152.6 billion by the end of June 2025.
🧾 As of August 1, taxes on local (0.21%) and international (1%) cryptocurrency trading have been adjusted, while the value-added tax on mining has been raised to 2.2%.
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🌍 Global context – other countries are taking the same path:
🔹 El Salvador 🇸🇻: The first country to adopt Bitcoin as legal tender and now holds over 6,000 BTC.
🔹 Bhutan 🇧🇹: Manages the third largest Bitcoin reserve in the world (11,711 BTC), and 40% of its GDP relies on mining.
🔹 Kazakhstan 🇰🇿: Considering the introduction of digital assets into its reserve strategies and thinking about investing in crypto-related ETFs.
🔹 United States 🇺🇸: Announced in March 2025 the establishment of a strategic Bitcoin reserve after accumulating over 198,000 BTC (equivalent to $17.5 billion), with no intention to sell.
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🗝️ What is the significance of this step for Indonesia?
✅ Represents a turning point in the state's understanding of Bitcoin as a long-term reserve asset.
✅ Opens the door for professional and calm regulation away from frenzy and speculation.
✅ Places Indonesia on the map of countries studying sovereign digital asset strategies.
🔸 As the representative of the Vice President's Office said: "The key now is education."
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❓ Will Indonesia soon join the countries that officially hold Bitcoin?
Could digital assets become part of the sovereign reserves of other countries in Asia and the Arab world?
💬 Share your opinion, do you think holding Bitcoin as a reserve is a smart decision? Or fraught with risks? ✍️👇
📌 Source: Bitcoin Indonesia