Key Takeaways
- Bitcoin Indonesia representatives discussed Bitcoin’s potential as a sovereign reserve and its role in financial resilience with the Indonesian Vice President’s office.
- The meeting emphasized the need for national-level Bitcoin education and presented Michael Saylor’s Bitcoin price projections for 2045.
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Representatives from Bitcoin Indonesia, one of the country’s largest Bitcoin communities, met with Indonesian Vice President Gibran Rakabuming Raka’s office to discuss how Bitcoin could support the country’s long-term economic strategy, according to a Tuesday announcement.
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
During the meeting, the delegation outlined how Bitcoin mining could serve as a sovereign reserve strategy and shared insights on how national-level Bitcoin education could play a key role in building financial resilience.
The group also presented Michael Saylor’s long-term Bitcoin price projections. The Executive Chairman of Strategy previously forecast that Bitcoin could reach $13 million per coin by 2045, based on an average annual growth rate of 29% to 40%, fueled by institutional adoption, regulatory clarity, and Bitcoin’s fixed supply.
At the BTC Prague 2025 conference, Saylor raised his estimate even further, projecting a potential price of $21 million per coin by 2046.
We presented @saylor’s 2045 price prediction which happens to align with 100 years of Indonesian independence.
They were bullish. So were we.
— Bitcoin Indonesia (@bitcoinindo21) August 5, 2025
Indonesia is waking up to Bitcoin.
Adhit from the VP office says „Indonesia must also continue to educate about Bitcoin in the future.“
— Bitcoin Indonesia (@bitcoinindo21) August 5, 2025
Indonesia will raise crypto transaction taxes and remove value-added tax (VAT) for buyers from August 1. Sellers using domestic exchanges will see an increase in transaction tax from 0.1% to 0.21%, while those on international platforms will experience an increase to 1% from 0.2%.
Crypto mining taxes will also double, with the VAT rate increasing to 2.2% and the special income tax being eliminated in favor of standard taxation rates starting in 2026.
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