Bitcoin is a digital asset that is have become popular and is the target of global investors. Bitcoin have become popular now. Bitcoin entered to Indonesia, starting in early 2013, while for the world, Bitcoin was already present in 2008 which was discovered by the mysterious founder, Satoshi Nakamoto.
In 2009, Nakamoto published a nine-page white paper containing its first mention, the “peer-to-peer electronic money system,” at that time the designation for Bitcoin. Then, a few months later, Nakamoto released the first software and partnered with online developers and coders to keep growing in popularity as a digital currency.
It wasn’t until 2011 that the inventor vanished without warning, sending emails to fellow developers saying they had “moved on to something else”. Now, its existence value continues to increase, even cryptocurrencies have experienced a surge in value from around $ 100 per coin to $ 1,000 within 1 month.
How is it present in Indonesia
Bitcoin began to enter Indonesia since the Cyprus crisis. At that time, many citizens of Cyprus no longer believed in their own currency which resulted in a surge in its purchases. Citizens of Cyprus are worried that there will be loss of currency value as happened in Zimbabwe.
In order for this BTC-coded digital asset to circulate widely in Indonesia, an exchange (exchanger) is needed to serve the buying and selling process. One of the pioneering exchanger companies in Indonesia is Bitcoin Indonesia. Founded in December 2013, among others are, Oscar Darmawan and William Sutanto. They pioneered a community of Bitcoin enthusiasts through the official website, bitcoin.co.id.
As one of the first exchange centers, Bitcoin Indonesia, which pioneered the circulation of the most popular “digital gold”, has developed into an exchange exchange with up to 50,000 members. At that time, daily transactions reached up to IDR 500,000,000 which made Bitcoin Indonesia the largest Bitcoin exchange exchange in Southeast Asia in 2014.
Bitcoin has a major advantage, namely the ease of payment that knows no distance. Which makes its holders, wherever they are, can easily make payments using the blockchain network.
Who is the Target Market ?
Speaking from its promising investment side, as well as full featured digitally, it is now become a new trend for millennials. In fact, from the user’s point of view, it looks more like a mobile app or a very handy computer program. All can be controlled in the palm of your hand. The fun thing is, it allows users to send and receive it.
Travelers who want to go abroad and have long travel schedules, can choose to use Bitcoin instead of worrying about carrying physical money. Bitcoin facilitates payment transactions that can be made at various merchants as well as an alternative means of the current financial system.
Seen from its very efficient use, Bitcoin is also seen by micro-entrepreneurs in remote areas abroad. It is interesting, because so far they have limited access to the banking sector. Bitcoin is considered to be a solution with an easier medium, namely an internet connection. Micro business owners do not need to have a bank account, but can participate in the digital economy space on a local and even global scale.
So, if you are confused about where to buy Bitcoin, you can choose Indodax. Indodax is the market place for the largest crypto asset in Indonesia. With more than 2 million verified members, you can buy and sell crypto assets, as well as dozens of other assets, of course, easily and safely. Indodax will also teach you how to trade. Click on the following link to know the right way to trade. For more article, click here.
What other topic about bitcoin should we discuss? Let us know! 🙂