Indonesia has become the first nation to launch a virtual currency that promises a return to the past, when virtual goods were scarce.
The virtual currency known as “Indonesian” (literally “virtual currency”) is designed to provide an alternative to the virtual currency used in the past.
It is currently used by the government to pay salaries and purchases.
The government claims the virtual money is backed by the Indonesian National Lottery (BNL), which is used to pay for elections and to buy goods and services.
However, the government has also introduced a new, digital currency known in Indonesian as “Fidelity,” which is backed exclusively by the BNL.
The new currency has gained more than 70% of the market share in the last six months, according to market data provider CryptoCompare.
The virtual currency has surpassed the BNM and is now trading at $1.7 billion, making it the second-most popular digital currency after Bitcoin.
The BNM is one of the largest in the world, and the value of its virtual currency is roughly equal to the value the Indonesian dollar has for the year.
“Indias virtual game currency” or “Indies game currency,” as it is known in Indonesia, has gained a lot of traction since launching on Tuesday, with the value climbing by more than 50% in the first week, according the cryptocurrency exchange CoinMarketCap.
The value of the virtual game-currency in Indonesia has soared by more $200 million since its launch, reaching $3.4 billion in one week.
The price of “Indians game currency”—which has been trading at a high of $1,735 per Bitcoin on Friday—has been trending up since late November.
However the price of the BNL has also been climbing, as well.
CoinMarketCat’s data showed the BNN was trading for about $1 a Bitcoin on Monday.
The Indonesian government also announced on Wednesday that it would be launching a national digital currency in the next six months.
The country’s new currency will replace the BNZ, which is currently backed by a US dollar.
The exchange said that the new currency would be created by merging the BNO and BNZ.
The official launch date for the new national currency is set for January 18, 2021.
“The Indonesian government has introduced a digital currency called ‘Indias game currency,’ which will replace BNM,” CoinMarketcap reported.
“It will be backed by BNM.”
Bitcoin has gained popularity in the country, but not everyone is thrilled about its new currency.
A user in a Facebook group called “Indos Bitcoin is the only crypto currency in Indonesia” has expressed anger that the government is using a cryptocurrency without an official name, saying it is an “attack on Indonesian Bitcoiners.”
The group also has a list of “tips” that users can use to help “Indoens Bitcoin” to “win” in the game of virtual currency.
“Bitcoin is a virtual cash,” the user wrote.
“If you want to buy a house, get a job, get the lottery, buy food, anything you can do with virtual cash, the only way to win is to use it.”
The same user has also posted several “tips,” including to “buy a house in Indonesia,” and “buy bitcoins,” “win in the virtual world,” and to “get rich fast” from Bitcoin.
Another user, who goes by the name “Hiro,” posted a list from an online poker game, saying that “Indios Bitcoin is a Ponzi scheme.”
“Buy Bitcoins in Indonesia for $1 per Bitcoin, win instant wealth in the real world.
Buy your house and win instant money from the lottery.
I can pay for the plane tickets for my wife, buy a car, and win with Bitcoin.
I’m sure you have a list like mine already, and you know what you can and can’t do in virtual currencies,” Hiro wrote.
One Facebook user wrote, “Indias virtual currency: a scam to steal our money.
It’s just like the US dollar, and it’s a scam.
Get rid of it, and I’ll pay you back with my own money.
The same people who stole our money from us.
I don’t think the Indonesians want the same thing, and they want to keep their money.”
A user who goes as “Vindi,” also wrote that the Indonesian government’s move to create its own digital currency is “a blatant violation of our sovereignty.”
“The country should stop trying to change the name of their currency, and instead create their own currency that will work like Bitcoin,” Vindi wrote.
However some people in the Facebook group also said that they are happy with the new government’s approach, saying they are excited about it.
“As a consumer, I feel that this is a good move