The Bitcoin Indonesia Stock Exchange Misconceptions
Good morning steemit friend,?
This morning I will discuss about the misconception some people in Indonesia about bitcoin.
Bursa Bitcoin Indonesia? Prices are soaring. Demand rose dramatically. Bitcoin Indonesia's auto exchanges are increasingly rumbling. In Indonesia, the value of this virtual currency holds the record as the currency with the greatest value. Far more than the exchange rate achieved from the Dollar. But there is just a mistaken assumption about Bitcoin like some of the below.
1. Bitcoin as a Payment Instrument
It has been rumored, that the BI and OJK does not approve of Bitcoin used as a means of payment. The purpose of this "means of payment" is equivalent to Rupiah in Indonesia. So, for example you go to a supermarket and buy a basket of carrots. Then buy with Bitcoin pieces. Well, that's forbidden. The reason is not the Indonesian currency.
BI and OJK which has been a body that validate anything in the wheels of economic transactions to make many people misunderstand. Departing from that, the community also considered Bitcoin is illegal and the like.
Not so. Neither country in the world will also use Bitcoin as a valid payment instrument. The main reason is that Bitcoin has no state as its master. This is also shared by Bos Bitcoin in Indonesia, Oscar Darmawan, that Bitcoin is not a means of payment. More means as an investmentable item. Because it has value added every year. Almost similar to the gold that has been circulating.
2. Bitcoin Trading is Always Disadvantageous
Perhaps more precisely "high risk". If you know how to trade properly, profit generated more real. In addition to being a trader, can also be a miner that tends to much more profitable. Provided you know the basics of cryptocurrency and advanced computerization. At a minimum it can solve the free Bitcoin blocks in the world.
The existence of such high risk because the price of a piece of Bitcoin is very volatile. Characteristic of the virtual currency is not it. The stronger the speculation, the greater the opportunity to earn a more promising profit. From this Bitcoin business, many people of Indonesia who managed to improve the family economy with Bitcoin trading results.
3. The Future of Bitcoin is Unclear
As Bitcoin's price hike sharply, there is no doubt about the issue of doubts about Bitcoin's popularity in the future. The news was blowing because Bitcoin seemed to have no home. People who call themselves as Satoshi Nakamoto also have not known their true identity. Besides the Bitcoin currency is untouchable.
That way, the assessment of Bitcoin's future is inevitable. During this time, the most famous Bitcoin wallet manufacture company called Blockchain. The level of security is very high. Any wallet made into Blockchain's full responsibility.
As for the important things such as passwords belong to investors. Every password displayed can only be seen by investors. Thanks to the high computerization of Blockchain, all registered passwords are directly encrypted with random letters, numbers and symbols. So there's no way anyone can penetrate it, including the administration of Blockchain itself.
These three assumptions had weakened the hearts of Bitcoin investors. But not one bit weakens the price of Bitcoin in Bitcoin Indonesia stock exchange. Especially when the publication of Bitcoin Cash as a supporter of Bitcoin in case part of Bitcoin can not be validated. Even the value of both is very high compared to other currencies.