Indonesia Government Explores Bitcoin Mining and Reserve Potential

Indonesia is considering Bitcoin as part of its long-term economic strategy, including the possibility of using it as a national reserve asset. The idea was presented during a recent meeting between Bitcoin Indonesia and officials at the Vice President’s office. Discussions also touched on Bitcoin mining, energy infrastructure, and the need for wider education to support national adoption.

Good to know

• Indonesia’s Vice President’s office met with Bitcoin Indonesia to discuss BTC as a national reserve strategy.
• The group pitched using hydro and geothermal power for mining and long-term economic growth.
• Bitcoin education was emphasized as a key part of the country’s adoption plan.

Bitcoin Indonesia shared details of the meeting on X, noting the conversation included a proposal to explore how Bitcoin mining could play a role in Indonesia’s economic future. They described the discussion as serious and forward-looking, stating that officials showed interest in how Bitcoin could strengthen the country’s financial stability over time.

Indonesia Explores Bitcoin Reserve Strategy in VP-Level Talks

With more than 280 million people and a GDP of around $1.4 trillion, Indonesia ranks as the world’s fourth-most-populous country and the 16th-largest economy. The country’s natural energy resources — especially hydro and geothermal — were highlighted as potential drivers of a Bitcoin-based economic plan. Bitcoin Indonesia pointed to how other nations have used similar strategies to generate jobs and drive innovation.

During the meeting, the group also referenced predictions by MicroStrategy’s Michael Saylor, who forecasted Bitcoin reaching $13 million by 2045 under a base case and up to $49 million in a bullish scenario.

Bitcoin education was another major theme. According to Bitcoin Indonesia, one official from the vice president’s team agreed that awareness and education would be critical moving forward:

Indonesia must also continue to educate about Bitcoin in the future.