Bitcoiners present Saylor’s Bitcoin thesis to Indonesia’s VP office

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.

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.

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.

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.