Indonesia President Said Millennial Must Understand Cryptocurrency

[dhemasm 219]

Said Millennial Jokowi Must Understand Bitcoin. In a press release from the President of the Republic of Indonesia, Joko Widodo (Jokowi) to CNN Indonesia, Jokowi said that young Indonesians (millennial) can adapt to the changing world so quickly. It requires millennial to be able to withstand the industrial revolution 4.0. In the Indonesian Young Indonesian Reform (AMPI) Cadre Gathering in Medan, Jokowi said:

"Must understand artificial intelligence, bitcoin, crypto currency, virtual reality, internet of things, understand everything."

According to Jokowi, if the young generation who are the nation's successors do not understand these things, surely Indonesia will not be able to become a developed country in the coming years. President Joko Widodo (Jokowi) does look literate with the development of Blockchain and cryptocurrency technologies such as Bitcoin. This is seen from his frequent recommendations that the public be ready with the development of Industry 4.0. Recently in his speech at the Anniversary of the University of Indonesia, he said that Indonesia must be ready to face the development of the times that are so fast. He said in front of University of Indonesia students and lecturers:

"As advance robotic can take over the role of humans, so does artificial intelligence, and virtual reality that continues to grow. Then blockchain and currency cryptocurrency without a central bank are now being fought over by many people "

Another again, in the opening of the 2019 Indonesian Employee Corps (KORPRI) National Working Meeting, Jokowi stressed that if Indonesia had not changed, it would have been left behind. However, the community must also be prepared to follow this development. One of the things he means here is cryptocurrency and bitcoin.

The development of Blockchain and Bitcoin technology in Indonesia is relatively behind when compared to several other large countries in Asia such as China, Japan, Korea, and Singapore. So it is the right step if the President of the Republic of Indonesia Jokowi says that millennial must understand Bitcoin. Therefore, government support for the development of Blockchain technology will make it easier for crypto activists to develop projects that utilize Blockchain technology. The government's commitment in responding to the development of Blockchain technology can be seen from BAPPEBTI's efforts in formulating crypto market regulations in Indonesia. Under Bappebti, crypto assets such as Bitcoin are legal in Indonesia and can be traded as commodities.

Read More here: https://coinvestasi.com/berita/kata-jokowi-millenial-harus-paham-bitcoin/ (Indonesia)

Edited November 5, 2019 by dhemasm
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[dhemasm 219]

2 hours ago, SUGI5091 said:

I read this topic and i will say this very very good news for Indonesia. Hope more and will faster development in infrastructur so will be easyer to caching the so catch up is there.

Yep, Glad to hear it right? I see our government (for my Indonesian friends) Looking ahead and taking the opportunity to develop this technology and encourage millennials to know and learn what is blockchain technology and other things are very important for our future.

[Congli18 154]

of course for millennial generation must understand cryptocurrency, because it is very important for millennial generation, to make an effort we must first know about cryptocurrency. it is not easy to learn about cryptocurrency, it takes a very long time to understand it.

[Rg123 318]

8 hours ago, Cris said:

That will be a great news, that Blockchain Technology and Crypto Currency are spreading to many asian countries and hope that Philippines will support it on the future. Millennial now are too much expose to technology that may gain their interest to blockchain.

I agree with this mate, this is the sign of being supportive government in terms of crypto, i hope that in my country will support this.

[dhemasm 219]

4 hours ago, Rg123 said:

I agree with this mate, this is the sign of being supportive government in terms of crypto, i hope that in my country will support this.

Yeap, I am very happy and hope that various neighboring countries (Southeast Asia) will follow the steps taken by my government.

 

5 hours ago, SUGI5091 said:

By the way i'm Indonesian to you know. 🙂 . Hope we can help in this side too. Not just asking just to become users and observers. But it helps in terms of knowledge and perspectives on blockchain and cryptocurrency. Cheers ....

Well, glad to hear it dude, I see more and more Indonesian users come to this forum.

[salakka 76]

but we still can not using cryptocurrency as payment in indonesia , we go too old school payment just using local currecy for transaction payment except exchanger

[williamz902 696]

This is a great step in the right direction. Definitely more schools around the world need to start teaching young people about blockchain technology and crypto currency as a whole. There are so many uses for blockchain technology outside of just crypto, and it's very possible that this technology can solve some real world problems.

[whymeidontknow 676]

Don't they understand her? They on the contrary know more about it than everyone who is older than 30 or 35 years...

[Kholil Jibron 12]

Of course this is a positive thing for the millennial generation, if the president is really supportive for young people to learn about crypto.
Hopefully in the future Indonesia will be more advanced.

[Migo 7946]

Not just Indonesia, but the most Asian countries are going the first in the world who will adopt bitcoin in the future, this good for all cryptocurrencies earners 

[fuer44 1083]

because we live in modern times and all is the digital age, we must also follow it, including this crypto world. but this is only a suggestion from the president that millennial must know crypto and not require entry into the crypto industry, and he also did not say anything special about the crypto industry in Indonesia.

[Agios 1763]

That's the good news, Indonesia has studied Blockchain and Bitcoin, which will greatly help in the development of their economies, such as Singapore and Vietnam.

[Benjamin 84]

this is a good step for their president, thid is good for the millenial because they will now have an idea whats crypto is and crypto is our future for using this in the payments and transactions, and also in terms of money, it may help them to their allowance if they are studying.

[duncun007 3577]

its good that nowadays we see minsters and presidents talk about crypto and blockchain because in 2011 nobody would even know a thing about crypto so we really came a long way.

[FlatterCar 696]

I am very interested in the words of the President of Malaysia, because once he says this, he must with a hundred percent probability allow cryptocurrency in his country, and if he says and does not act, then it is generally empty words. I hope that he will make the right choice.

[Jimmy 437]

Wow, Nice Indonesia, even though our country has a dark history, this time our country is friends and I'm happy to hear that your government has responded positively to the development of cryptocurrency and even the president is speaking like that, Good one!

[TimopheyKa 3900]

This is very cool, good news, I'm very glad that cryptocurrency decided to do in Indonesia, it's just fine. After all, it is now so relevant, and very interesting, because they decided to go to a new level!

[Mahi25 142]

This is a sincerely plus point for the crypto network. I am truely sad approximately individuals who don't want to recognize crypto. If every government do little deep look at crypto i am sure they will allow us to use it. But we nonetheless can not be using cryptocurrency as charge in Indonesia , we move too old faculty price just using nearby currency for transaction payment besides exchanger

[Tine0313 3053]

This is a very good movement to introduce cryptocurrencies to the people because it is the leader of their country who are encouraging his people to know more about crypto.

[Crypto123 0]

What a truly clever president.No wonder Indonesia is progressing so fast. He said a very important word that Indonesian youth should know everything about the world of bitcoin, blockchain and all this digital revolution, and that if he doesn't understand these things, it is difficult for Indonesia to keep pace with the development of the world. I hope that most countries will turn this trend in teaching young people the bitcoin revolution instead of fighting it.

[Afrizal rahman 2636]

Yes, what our president said is true. in Indonesia must be more advanced for the future. where milineal children must be introduced to bitcoin and the crypto world. I strongly agree, because I am a person who lives in Indonesia and supports what my president says.

[I-KUN 422]

i think it's an old news but it's still a good news for people who didn't know yet. once again the president who understand about the benefit of cryptocurrencies and its technologies. i hope there are a lot of people like him in every country.

Edited December 3, 2019 by I-KUN

[yifnt 666]

Indonesia is currently very rapidly developing and catching up with other countries in the technology sector, which the government has done is very good for Indonesia's step into a developed country by understanding cryptocurrency because I see that in Indonesia there are so many crypto users

[avatarkiyoshi 270]

Jokowi is a visionary president! I am very happy to have him as president (maybe I support for 3 presidential periods). Well, this news will bring public sentiment to better understand about cryptocurrency and bring more demands too. I hope cryptocurrency doesn't only trade as a commodity, I hope it can be use as a payment too.

[Yanadia 1517]

Yes good news for Indonesia and hope other countries follow this step to see positive values and not reject them with only negative thoughts.  But what about other countries might just wait for the right moment to legalize.