A community member believes that the ban makes sense, as tourist spend allows the local currency to hold its value.
The government of Bali, Indonesia, recently cracked down on crypto payments for goods and services, reminding tourists that the Indonesian rupiah is the only legal tender. Some tourists were dissatisfied with the decision, saying that they would not visit again.
On May 28, the Indonesian government affirmed that tourists using crypto for payments “will be dealt with firmly.” They could besuch as deportation, criminal penalties and administrative sanctions. In addition, businesses caught accepting crypto could also be punished and forced to close operations. The crypto community shared various responses, with some saying that the ban “makes sense” and some threatening not to visit the tourist hotspot again.their belief that the form of payment used “should be up to businesses and customers.“ The Redditor said if both parties are willing to accept the risks of using crypto as payment, they should be permitted to proceed with their transactions.that the ban “makes sense” for Indonesia.
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