Indonesia's VP office reveals $18.3 billion Bitcoin strategy - here's what it means
Key Points
- Indonesia plans to invest $18.3 billion into Bitcoin for its...
Indonesia just casually announced they're considering dropping $18.3 billion on Bitcoin for their sovereign wealth fund. That's roughly 200,000 BTC, or about the same amount most people spend on coffee over several lifetimes.
The proposal comes straight from the vice president's office, which suggests this isn't just some intern's PowerPoint presentation gone rogue. With IDR 300 trillion on the table, Indonesia is essentially saying "inflation who?" while the rest of us are still figuring out how to pronounce "cryptocurrency" without sounding like we're ordering at a fancy restaurant.
**When...
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