The Indonesian Vice President’s office recently invited supporters of Bitcoin to discuss whether it would make sense to add crypto to the country’s reserves.
It was a session full of big ideas about money. According to Bitcoin Indonesia on X, the consultations have considered using BTC mining as part of the spare mechanism.
No policies have been set yet, but officials have shown a real interest in learning more.
Explore Bitcoin as a reserve asset
Based on the report, the discussion centers around whether crypto would help Indonesia diversify its nearly $153 billion in foreign reserves, up slightly from $152 billion in May 2025.
The country traditionally holds gold, US dollars and government bonds. The introduction of crypto assets is a major change. Bitcoin Indonesia shared resources like Bitcoin Standard and Ray Dalio’s The Changed World Order to back up points.
They linked Michael Saylor’s price forecast for 2045 to the 100th anniversary of Indonesia’s independence.
Big News: 🇮🇩 Indonesia is exploring Bitcoin as a national reserve.
We were invited to the Vice President’s office to show how Bitcoin can benefit the country.
What we discussed could shape the future of Indonesia’s economic strategy. 🧵👇 pic.twitter.com/qgkggrgeu
– Bitcoin Indonesia (@bitcoinindo21) August 5, 2025
Talking about education and outreach
Reports say advocates want to build bottom-up pushes that begin in schools, universities and communities, ensuring that people understand both the promises and risks of digital assets.
Indonesia just raised its crypto trading tax on August 1, 2025. Currently, domestic transactions have a collection of 0.21%, while overseas transactions amount to 1%. The VAT at the time of purchase has been removed, but mining faces a higher 2.2% VAT.
Starting in 2026, mining revenue will fall under normal income or corporate tax. In 2024, more than 650 trillion rupiah changed its hands through crypto trading. These numbers show why regulators feel the need to strengthen rules even as they explore new ideas.
Indonesia is awakened to Bitcoin.
VP office Adhit said, “Indonesia must continue to educate them about Bitcoin in the future.”
– Bitcoin Indonesia (@bitcoinindo21) August 5, 2025
Comparison with other countries
Other countries have made bold moves. El Salvador added BTC as fiat currency in 2021 and currently holds 6,067 BTC. Bhutan has secretly mined 11,711 BTC ($1.3 billion) since 2020, with codes accounting for 40% of GDP.
Kazakhstan is considering crypto investments in ETFs or blockchain companies to diversify the state’s funds. And in the US, President Donald Trump’s administration established a strategic BTC reserve of 198,109 BTC (approximately $17.5 billion), describing the code as “digital gold.”
What’s next in Jakarta?
For Indonesia, the path to the future is open. Policymakers need to balance fluctuations in BTC price and energy consumption with possible profits. Other plans include formal white papers on pilot mining initiatives, public-private collaborations, or digital asset policies.
Meanwhile, the next round of discussion reports that Indonesia may engage in the bank’s Indonesia to assess the market impact and legal framework of the country’s planned crypto stockpile.
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