Get to know Bitcoin, the World's First Crypto Asset

Ilustrasi. (Foto: Unsplash)

JAKARTA - Bitcoin is a digital asset in the cryptocurrency category that is on the rise and is being hunted by global investors. The world's first crypto asset has also become increasingly popular in recent times, both in buying and selling Bitcoin transactions.

The history of Bitcoin entering the country began in 2013. Meanwhile, on a global scale, Bitcoin has appeared in 2008, which was discovered by the mysterious founder together with Satoshi Nakamoto.

In 2008, Nakamoto is known to have published a white paper with 9 pages containing the first mention of bitcoin. The term for Bitcoin at the time was a "peer-to-peer electronic money system".

Then, a few months later, Nakamoto released Bitcoin's first software and partnered with online developers and coders to continue to make this asset increasingly popular as a digital currency.

Three years later or in 2011, the inventor of Bitcoin disappeared without a word, and he emailed his fellow Bitcoin developers saying they had "moved on to something else".

The existence of bitcoin prices continues to increase, even cryptocurrencies have experienced a surge in value from around 100 US dollars per coin to 1,000 US dollars in just 1 month.

The presence of bitcoin in Indonesia

Bitcoin itself is known to have entered Indonesia since the Cyprus crisis. Many Cyprus citizens at that time no longer trusted their own country's currency, resulting in a surge in Bitcoin purchases.

The citizens of the country of Cyprus are worried about the loss of the value of the currency, as happened in the country of Zimbabwe. On the other hand, for this BTC-coded digital asset to be widely circulated in Indonesia, of course, an exchanger is needed to serve the buying and selling process.

Among the pioneer exchanger companies in Indonesia is Bitcoin Indonesia, which was founded in December 2013 by, among others, Oscar Darmawan and William Sutanto. Both of them started a community of Bitcoin enthusiasts through the official website bitcoin.co.id.

Being one of the first exchange centers, Bitcoin Indonesia, which pioneered the circulation of the most popular "digital gold", has developed into a Bitcoin exchange with up to 50,000 members.

At that time, daily transactions reached up to IDR 500,000,000, which made Bitcoin Indonesia the largest Bitcoin exchange in Southeast Asia in 2014.

To note, the main advantage of Bitcoin is the ease of payment that knows no distance. This allows Bitcoin users, wherever they are, to easily make payments using the blockchain network.

Bitcoin target market

Bitcoin is increasingly being eyed by the millennial generation. This is considering the increasing level of investment and the current digital era.

In the view of its users, Bitcoin is indeed seen as a mobile application or a very handy computer program. Because everything can be controlled in the palm. Interestingly, it also allows users to buy bitcoins and sell, send and receive Bitcoins.

On the other hand, in terms of user experience, it is certainly very liked by young executives who are happy with easy and simple transactions. That's because, among their busy activities, ease in hand is an attraction that is hard to resist.

Not only that, travelers who want to go abroad and have long travel schedules can also choose to use Bitcoin instead of having to worry about carrying physical money. Bitcoin will facilitate payment transactions that can be made at various merchants as well as an alternative means of the current financial system.

Judging from its very efficient use, Bitcoin is also eyed by micro-entrepreneurs in remote areas abroad. What's interesting about this is that they have had limited access to the banking sector. Bitcoin is also considered as one of the solutions with an easier medium, namely an internet connection. These micro-business owners do not need to have a bank account but can participate in activities in the digital economy space on a local, even global scale.

For those of you who are confused about where to buy Bitcoin, Indodax can be the choice. Indodax is the marketplace for the largest crypto asset in Indonesia. With more than 2 million verified members, users can buy and sell crypto assets such as Bitcoin and dozens of other assets, of course, easily and safely. In addition, Indodax can also teach you how to trade.