International Journal of Social Science & Economic Research
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Title:
BITCOIN IN INDONESIA: ECONOMIC AND LEGAL ASPECTS

Authors:
Amrina Yulfajar, SE., MM; Kusuma Adi Rahardjo, SE., M.Pd

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Amrina Yulfajar, SE., MM; Kusuma Adi Rahardjo, SE., M.Pd
STIE Mahardhika, University in Surabaya, Indonesia

MLA 8
Yulfajar, Amrina, and Kusuma Adi Rahardjo. "BITCOIN IN INDONESIA: ECONOMIC AND LEGAL ASPECTS." Int. j. of Social Science and Economic Research, vol. 3, no. 8, Aug. 2018, pp. 4367-4377, ijsser.org/more2018.php?id=307. Accessed Aug. 2018.
APA
Yulfajar, A., & Rahardjo, K. (2018, August). BITCOIN IN INDONESIA: ECONOMIC AND LEGAL ASPECTS. Int. j. of Social Science and Economic Research, 3(8), 4367-4377. Retrieved from ijsser.org/more2018.php?id=307
Chicago
Yulfajar, Amrina, and Kusuma Adi Rahardjo. "BITCOIN IN INDONESIA: ECONOMIC AND LEGAL ASPECTS." Int. j. of Social Science and Economic Research 3, no. 8 (August 2018), 4367-4377. Accessed August, 2018. ijsser.org/more2018.php?id=307.

References
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Interview
[22]. Allfred. 2018. Cryptocurrency Trader. Indonesia.

Abstract:
This paper is based on bitcoin phenomenon in Indonesia recently. Since the spike that occurred at the end of 2017, bitcoin attracted the attention of the people and Government, especially in Indonesia. Although not yet get the legality as in other countries, Japan, the United States and others, the circulation of bitcoin in Indonesia is quite popular. Writing this paper uses a qualitative approach by collecting literature in the form of articles, research journals, and publications from several credible websites on the internet as well as interviews with bitcoin practitioners in Indonesia. Until now, although many Indonesians have transacted using bitcoin, the Government of Indonesia has officially stated that bitcoin is not acceptable in Indonesia as a means of payment or equivalent currency in accordance with the laws and regulations of Bank Indonesia.

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