Bitcoin is a digital currency, in which transactions are made with no middle men—meaning, no banks involved! There are no transaction fees and there’s no need to give your real name. With Bitcoin, you can travel and pay your merchandise without having to convert your money into local currency.
You can easily place your Bitcoin in your tablet, smartphones, or laptop so wave those pocket thieves goodbye because they won’t be able to steal your cash anymore!
BitIslands is a social experiment that aims to create Bitcoin as a worldwide common currency. For now, we’re trying to convert Bali as a Bitcoin Island (thus, Bitisland) where people can travel and stay in Bali without needing to carry any cash with them. They can stay in hotels, dine in fancy restaurants, roll with the waves with your new surfboard and pay all of them in Bitcoins! It’s easy, simple, and efficient! Plus, it’s much cooler than to buy things with cash, right?
Sure! Bitcoin transactions are secured by military grade cryptography. As long as you take the required steps to protect your wallet, Bitcoin can give you full control over your money and a strong level of protection against many types of fraud.
Easy. If you want to have it in your smartphones or tablets, then go to Google Play Store (for Android users) or App Store (for iOS users) and type down “Bitcoin Wallet” in the search box. There are different kinds of Bitcoin wallet you can install in your phone and make sure to choose wisely because that will be the place where you store your money.
Because someone stole your phone or because you accidently erased your Bitcoin wallet app? Well, either way, you’ll be fine as long as you have backed-up your wallet, for example in the form of paper wallet. If you already have a back-up, you can just re-download the app and open your wallet there.
In Bitcoin transactions, there are no credit card numbers that can be gathered by irresponsible people. With Bitcoin, every transaction is done securely and anonymously, without needing to provide your personal information to public. In every Bitcoin’s wallet, there’s no name or any kind of private information that can be identified by merchants or other people. This process is primarily different compared to the conventional online transactions, such as bank transfer which requires your full name and personal details.
Because, Bitcoin can be transferred from Indonesia to Canada, for example, within ten minutes only. There is no bank that can halt the process, there's no need for you to pay high amount of transaction fee; it's impossible to freeze your account; and no one can tell where the money came from or the purpose of the transaction. With Bitcoin, money transfer between continents is just as easy as transferring your money to your neighbor. It's simple, secure, and cheap!
Yes, Bitcoin works everywhere and anytime. Bitcoin covers global transaction in anywhere in the world. You don't need to go anywhere to transfer your Bitcoin to your friend. As long as you can get connected to the Internet, you can use your tablet, smartphone, or your computer to handover your Bitcoin to someone. Unlike you, the Bitcoin network never sleeps, even on holidays!
Not much, it can even be done for free! Bitcoin allows you to send and receive payments at very low cost. Except for special cases like very small amount of payments, there is no enforced fee. It is however recommended to pay a higher voluntary fee for faster confirmation of your transaction and to remunerate the people who operate the Bitcoin network.
You can use our system by registering to BitBayar.com. Fill all the informations we need, and you will get an address to accept your payment in Bitcoin. Just show that to your customer and you’re done!
Since Bitcoin is treated as a form of commodity in Indonesia and not a legal currency, you will receive your payments in Rupiah; not Bitcoin, not US Dollars or any other currencies. Every Bitcoin you receive will automatically be converted into Rupiah (free of charge!) and it will go straight to your bank account in 24 hours. With that, you can easily avoid the volatility of the Bitcoin’s price.
There is a list of instructions in Bitbayar.com that can guide you through it. You can go to setting and insert your bank account (only Indonesia’s bank accounts) in there and choose whether you want to withdraw it manually or automatically.
Easy! Just send us an e-mail about your company, with the latest pictures of your products/services, and we will upload your store into the site in no time. Hope you’ll get a lot of Bitcoin users visiting your shop!
ATM? Not really, but Bitcoin vending machines? There sure is! There are currentlytwo Bitcoin Bitcoin Vending Machines where you can buy Bitcoin with Rupiah within seconds. We call them vending machines since you cannot withdraw cash from them; you can only buy. You only need to show your wallet’s QR Code to the machine, put some Rupiah in there, and voila! You’ll receive the Bitcoin straight into your wallet. You can find one in Bitcoin.co.id’s office in Seminyak, and another one in HUBUD.
Try sending us e-mails to email@example.com and we’ll try to get back to you as soon as possible.