RE: Steemit Crypto Academy Contest / S7W1 - Practical Guide on the best way to buy STEEM in Indonesia
@irawandedy Dear brother, I have read your article and you have written very well, and you have added very good points in the challenge post And the growth of the crypto user population in Indonesia is closely related to the official supervisory institution, Bappebti, which allows for more freedom in investing assets into different coins. As of September 2022, crypto transactions in Indonesia have reached IDR 260 Trillion and there are 16.1 million investors. The decrease in crypto prices against USD or local currency has also led to an increase in investment. The popularity of Steem has decreased compared to 2017 due to a shift in investor preferences towards other coins such as BNB and tokens with active movements on the exchange. Regulations regarding crypto assets as investment assets rather than as a replacement for conventional currency also impact the full implementation of Steem and other coins in financial transactions. Best of luck 🙂