Indonesia is exploring a national Bitcoin reserve, says local group

Bitcoin Indonesia said it recently pitched Bitcoin to the Vice President’s office and explored Bitcoin mining as a national reserve strategy.

The Indonesian government has been exploring Bitcoin as a reserve asset, according to Bitcoin Indonesia, which recently met with officials to discuss how the strategy can drive economic growth in the country.

“We were invited to the Vice President’s office to present how Bitcoin could benefit the country,” Bitcoin Indonesia said in an X post on Monday.

“Yes, seriously. [Indonesia] is looking into how Bitcoin could fuel long-term economic strength,” the Bitcoin community wrote on X. Other focus areas included Bitcoin mining and education initiatives, they added.

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