Bitcoin Indonesia announced that they were recently invited to the Vice President’s office to present a proposal to make Bitcoin part of the country’s reserve strategy.
The discussions with government officials focused on the potential use of Bitcoin mining as a tool to stimulate Indonesia’s long-term economic growth.
Based on a statement on the X platform, they came up with a bold idea by highlighting Bitcoin mining as a national reserve strategy.
The community also stated that the government is currently studying the role of Bitcoin in strengthening the country’s economy, including initiatives related to education and the digital asset mining sector.
Indonesia is the fourth most populous country in the world with over 280 million people.
It has a Gross Domestic Product (GDP) of around $1.4 trillion, making it the 16th largest economy in the world.
Among the main areas of focus in the discussions with Bitcoin Indonesia were opportunities in the Bitcoin mining sector and educational initiatives.
In its presentation, Bitcoin Indonesia proposed how the country could leverage abundant renewable energy resources such as hydroelectricity and geothermal to support Bitcoin mining activities.
This strategy is seen as having the potential to drive economic growth and create job opportunities, as has happened in other countries that have adopted Bitcoin.
They also announced that the discussion session was held with special staff from the office of the Indonesian Vice President, Gibran Rakabuming Raka.
