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Friday, 16 March 2018

Citizens defying Indonesia Central Bank warning, Instead Investors increase

Many central banks gave warning to the citizens of their country to stay off clear Bitcoin and any other cryptos in general. With this warning some Bitcoin investors pulled off.

However, that's not the case of the Indonesians. Instead of pulling off, survey has shown that the number of investors increased.

For example, below is a recent stats;
An Indonesia Stock Exchange, which opened in 1912, is with 1.18 million registered participants according to data from the Indonesia Central Securities Depository. While The Indonesia Digital Asset Exchange (Indodax), founded in 2014 as Bitcoin.co.id, has 1,147,430 members already on board.

The latest figures show that there are a great deal of people willing to defy the central bank’s word among the country’s 261 million citizens.

See Also: Bitcoin is now more popular than Stocks? Bitcoin has taken over Indonesia

And Indonesia is not the only emerging market known to see bitcoin trading becoming more popular than traditional securities, just so you should know.

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