Abstract
Cryptocurrency is a blockchain-based technology that is often used as a digital currency. Digital money is different from conventional money, this type of money does not have a physical form but only a block of data bound by a hash as validation. The data is spread to every cryptocurrency user who is in the environment. So that when a user makes a transaction, data mining will be carried out. Cryptocurrencies have several advantages but also have disadvantages when used as currency, from a legal point of view there is still no law governing the circulation of currency in digital form (cryptocurrency). The government must recognize digital currency so that it can be accepted by the general public as a means of payment. For now, the government has not recognized digital money (cryptocurrency) as a currency, because Cryptocurrency is a new phenomenon by some people in Indonesia. The rapid development of technology in the 4.0 revolution era, in the next few years money in physical form will be replaced by digital money, seeing the many conveniences provided by using digital money.
Highlights
The use of technology in the era of the digital revolution has made technology a major need, plus science and technology that are developing so fast make technology in this era used in all fields of science
Based on the 2015 bitcoin journal written by Ferry Mulyanto with the title Utilizing Cryptocurrency as the Application of Rupiah Currency into Digital Form Using Bitcoin Technology (Ferry Mulyanto, 2015), Ferry Mulyanto publishes about the application of Cryptocurrency as a substitute for conventional currency in Indonesia, in his journal saying people need freedom in conducting transactions without being faced with the constraints of different payment systems
Cryptocurrency digital money currently does not meet the requirements, there is no recognition from the government as a means of payment, because Bitcoin is a new phenomenon by some people in Indonesia
Summary
The use of technology in the era of the digital revolution has made technology a major need, plus science and technology that are developing so fast make technology in this era used in all fields of science. One of the digital transactions that is on the rise is bitcoin which is one of the money in the form of digital encryption or often called cryptocurrency. Based on the 2015 bitcoin journal written by Ferry Mulyanto with the title Utilizing Cryptocurrency as the Application of Rupiah Currency into Digital Form Using Bitcoin Technology (Ferry Mulyanto, 2015), Ferry Mulyanto publishes about the application of Cryptocurrency as a substitute for conventional currency in Indonesia, in his journal saying people need freedom in conducting transactions without being faced with the constraints of different payment systems. Cryptocurrency digital money currently does not meet the requirements, there is no recognition from the government as a means of payment, because Bitcoin is a new phenomenon by some people in Indonesia. Money removes need from the double coincidence of wants
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