Bitcoin Indonesia pitched using renewable energy-powered Bitcoin mining for reserve strategy while emphasizing financial literacy and updated crypto tax rules to bolster long-term economic stability.
Bitcoin Indonesia met with special staff from the Vice President’s office to propose adopting Bitcoin as a national reserve asset. The pitch emphasized leveraging local renewable energy for Bitcoin mining, enhancing education initiatives, and referenced Michael Saylor's forecast of Bitcoin reaching $13 million to $49 million by 2045. Additionally, the discussion detailed revised crypto tax rates, including a 0.21% domestic exchange tax and increased foreign trading taxes, alongside MEXC Ventures’ $200 million investment in crypto exchange Triv, set against a backdrop of booming crypto transactions and tax revenues.