Bitcoin users in Indonesia are beginning to Reduce.

Bank Indonesia said the number of Bitcoin users in Indonesia continues to sharply drop from about one million users to just 300 thousand users.
Since the issuance of the ban from BI, the number (Bitcoin users, red.) Has dropped dramatically, "said Director of the Department of Payment System Policy and Monitoring.
It was revealed after the Round Table Discussion themed "Skimming Card-Based Payment Instrument (APMK) and Virtual Currency" at the Central Java BI Representative Office, Semarang.
Bitcoin prices also dropped dramatically from the position of Rp251 million / one Bitcoin, in these weeks only about Rp120-an million / one Bitcoin. We do not think we will be able to rise again, "he said.

According to him, BI did not see until the occurrence of cases that harm consumers to ban Bitcoin, but through monitoring transactions made related to the virtual currency.

"We see what transactions are like, as the transaction is not transparent, there is no recipient name so it can not be'tracked ', and there is no aspect of consumer protection," he said.

That is, he said, if there is a fraudulent transaction in the use of Bitcoin there is no clarity consumers must complain to whom although the survey has not found such cases.

"However, we are coordinating and preventing We prohibit that Bitcoin is not a means of payment and strictly prohibits all payment system providers to process transactions with 'virtual cureency'," he said.

Meanwhile, the head of the BI Communication Department, Agusman, explained the need for socialization to the public about the growing importance of the digital economy in the system and economic activities.

"As a central bank in line with its monetary, prudential, payment and macro-prudential authorities, BI wants the digital economy to be more advanced, including the risks," he said.

He cited an appeal to the public about "virtual currency", including Bitcoin is not a valid payment instrument issued by BI in 2014, then repeated in early 2018.

"We see in some ways the concept is not 'underline', can make a 'bubble', no one is watching, and so on We want people to know the big risks," he said as quoted by Antara.

The ban on transactions using Bitcoin, he said, is not only done by BI, but many parties, including Facebook because they realize it could endanger their reputation.

"The price of Bitcoin is now falling to its lowest point, and then Facebook and all sorts are forbidden, it's a reflection that we are doing, others are seeing it," Agusman said.