The Indonesian government is evaluating the potential of Bitcoin (BTC) as a reserve asset in a move that could reshape its long-term economic strategy. According to Bitcoin Indonesia, the group recently met with senior officials from Vice President Gibran Rakabuming Raka’s office to present a proposal positioning Bitcoin as a tool for financial stability and national growth.
During the meeting, Bitcoin Indonesia outlined a plan to leverage the country’s vast geothermal and hydroelectric resources to power Bitcoin mining operations. The proposal highlighted how Bitcoin mining could help Indonesia build sovereign reserves while creating jobs and advancing its position in the global digital economy.
The discussion also included the development of nationwide education programs focused on Bitcoin and blockchain technologies to ensure broader public understanding and adoption. With a population of over 280 million and a GDP of $1.4 trillion, Indonesia’s scale provides significant potential for integrating Bitcoin into its financial framework.
Bitcoin Indonesia emphasized that other nations have successfully utilized similar resource-driven mining strategies and argued that Indonesia could replicate those results. The presentation reportedly included projections from prominent Bitcoin advocate and MicroStrategy co-founder Michael Saylor, who suggested that Bitcoin could reach $13 million to $49 million by 2045, underscoring its potential as a long-term store of value.
BIG NEWS: ???????? Indonesia is exploring Bitcoin as a national reserve.
We were invited to the Vice President’s office to present how Bitcoin could benefit the country.
What we discussed could shape the future of Indonesia’s economic strategy. ???????? pic.twitter.com/QGKgGRRgEU
— Bitcoin Indonesia (@bitcoinindo21) August 5, 2025
While the talks are still preliminary, the involvement of the Vice President’s office signals that Indonesia is seriously exploring Bitcoin’s role in its economic future. If adopted, such a move would mark one of the boldest steps by a major economy toward integrating Bitcoin into its national financial strategy.
Indonesia’s exploration of Bitcoin as a reserve asset adds to a growing global conversation about Bitcoin’s role in sovereign finance, particularly for nations seeking economic independence and technological innovation. Meanwhile, Indonesia is increasing taxes on cryptocurrency transactions starting August 1, introducing higher rates for trades conducted on overseas exchanges, according to a new regulation issued by the Ministry of Finance.
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