The Indonesian government is evaluating the potential of Bitcoin as a reserve asset, following discussions with industry leaders.
Bitcoin Indonesia, a local crypto organization, recently met with senior officials, including representatives from the vice president's office, to present how the adoption of Bitcoin could stimulate economic growth.
During the meeting, Bitcoin Indonesia proposed leveraging Bitcoin mining as part of a national reserve strategy, citing the country's vast hydroelectric and geothermal resources as ideal for sustainable mining operations.
The group also highlighted the role of Bitcoin in long-term economic resilience.
If implemented, this strategy could position the country as a leader in Bitcoin adoption while creating new employment opportunities.