Cyptocurrency wiki indonesia 2018-11

2018-11-22 11:22:57

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Bitcoin, is the latest technology to face a ban in Indonesia after central bankers warned that it posed a threat to the stability of the national currency. , the popular cryptocurrency The move, would make Indonesia the second country in the region to ban Bitcoin after China announced plans to ban.

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This time, it is Indonesia, that has decided to prohibit all cryptocurrency related transactions. , the Southeast Asian giant According to a local report by Pikiran Rakyat, Indonesia s regulation will prevent payment providers.

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Bitcoin is a cryptocurrency that allows transactions to take place directly between two parties, without the need of a central bank acting as a middle man. All transactions are recorded in a cyptocurrency public ledger that is maintained by users running the cyptocurrency Bitcoin software.

Despite the public nature of the ledger, Bitcoin. Banning Bitcoin like Indonesia is basically banning barter.

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