Indonesia society became interested in the use of the bitcoin as means of payment in the country. Proof of official site buy sell bitcoin has been present in the virtual world graced the Ground water.
For those of you who have yet to figure it out, many of the bitcoin is a virtual currency where people can conduct transactions via electronic devices such as computers.
However, as quoted from Forex Ticket, Monday (23/12/2013), a currency that is associated with the name Satoshi Nakamoto as its discoverer is known no-body of law. This means that the Government is not responsible for the various transaction dilainnya.
Nevertheless, bitcoin is known as the Exchange resistant to counterfeiting. More details, the following advantages and disadvantages of the use of the bitcoin as payment:
Security
Unlike conventional currency prone pemalusan, the rule was applied in cryptographic bitcoin makes its owner spared from the same risk.
Capable of acting as a global currency
Although the each country currency has had each, bitcoin remains present and went into it. Bitcoin does not know the boundaries of the State, not faltering because of political conditions on the Government, and not affected whatsoever.
As the protector of inflation
Like gold, considered a bitcoin can serve as the value of the protected from inflation. Bitcoin can suppress excessive inflation rate.
Savings
Bitcoin is a new form of community savings are applied with a system that is not troublesome. In addition with saving bitcoin, all financial intermediaries are wont to do in banks can be removed. The holder also do not have to pay a service fee and registration.
In the middle of his excellence, Bitcoin turns to save a number of shortcomings, such as:
Unstable
Bitcoin is a currency that is speculative. While there is currently quite a lot of companies that offer purchase and sale of products with bitcoin as payment instrument.
lost or stolen very risky
As a virtual currency, bitcoin disimpat in the form of a digital file or known as wallet file. In its use, wallet file is similar to the function of the wallet storing cash.
But the wallet file that is stored on the hard disk of your electronic equipment is very susceptible to damage. In addition, viruses that attack your hard disk can also create bitcoin stored lost it.
The digital wallet can also be compromised via malware and stolen. Not to mention the risk of the contents of the hard disk is accidentally erased bitcoin owner. More painful than cash, you lose all the contents of your wallet without being able to be traced where the loss.
In addition, people who have expertise in the field of computerization could potentially steal money-money.
money-laundering Tool
The use of the currency of the bitcoin not controlled the Government or an authorized financial institution. As a result of these conditions opens great opportunities for doing crime such as money laundering and tax evasion.
The lack of Government control also makes the bitcoin seem not worth. In addition, most financial observers consider bitcoin as currency is illegal because it is not a legitimate legislation being pushed in the eyes of the law