Triv CEO, Gabriel Reyconfirms that the case Timothy Ronald will not destroy the Indonesian crypto industry.
This statement was made in response to Gema Goeryadi’s comments in a statement podcasts who said that the national crypto industry could be “destroyed” if Timothy was jailed. According to Gabriel, this assumption is baseless and does not reflect the real conditions of the crypto ecosystem in the country.
“I really don’t agree if the crypto industry that we have built over many years is linked to one person, as if it could all collapse,” said Gabriel Rey through his social media account.
He believes that the crypto industry has a much stronger foundation than just relying on certain figures. Trading activities, the number of investors and the crypto community in Indonesia continued to run normally, before and after the case Timothy Ronald widely discussed.
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Gabriel’s statement came after Gema Goeryadi expressed his views in a podcasts that the potential punishment of Timothy Ronald could have a negative impact on the Indonesian crypto industry. These remarks sparked debate among industry players, the crypto community and netizens.
According to Gabriel, the impact caused by local cases like this cannot be compared to major events at the global level. He gave the example of the collapse of the FTX crypto exchange, which rocked world markets, lowering prices Bitcoinsas well as eroding investor confidence.
“FTX is just that big collapsetrust in exchange down, the price of Bitcoin dropscrypto transactions fell drastically, however markets still recover,” said Gabriel.
He added, global factors such as US interest rate policy or price movements Bitcoins In fact, it is far more influential on investor interest than local issues. If global sentiment improves and Bitcoin prices rise, retail investors will return to the crypto market as before.
Transaction Activity Remains Stable Amid the Timothy Ronald Case
Gabriel Rey also emphasized that since the Timothy Ronald case went viral, transaction activity on various local crypto exchanges has not shown a significant decline. According to him, the crypto community in Indonesia remains active and the ecosystem is running as usual.
“Since this case viralcrypto transactions in all exchange Local is still busy. “This means there is no direct impact on the industry,” he said.
A similar opinion was expressed by Setya Mickalaone of the Indonesian Bitcoin OGs. He believes that the national crypto industry has been developing rapidly for a long time, even before the emergence of figures like Timothy Ronald. With or without Timothy, crypto activity continues.
Gabriel also highlighted those who could potentially be affected by the case Timothy Ronald is the industry selling paid classes or training, not the crypto industry as a whole. He assessed that the public now has wide access to free crypto education through various means platforms digital.
“Now free crypto education is everywhere. If you’re not lazy, just learn,” he said.
On the other hand, a number of netizens are worried about the impact this case will have on the general public’s perception. They assess that the news about Timothy Ronald has the potential to strengthen the negative stigma towards crypto, especially for people who are still skeptical.
However, Gabriel emphasized that critical attitudes towards crypto have existed for a long time and have not changed even though the industry continues to develop. He reminded that the crypto industry has made significant contributions to the country, including in the form of taxes.
“Even though the crypto industry has contributed more than IDR 1 trillion in taxes to the government, there are still people who are cynical,” said Gabriel in post different.
Number of Investors Remains High, Global Sentiment is Determinant
Based on data from the Financial Services Authority (OJK), the number of crypto investors in Indonesia has reached around 20 million people. According to Gabriel Rey, the majority of investors understand the risks and character of the crypto industry, and are not affected by the case Timothy Ronald.
He believes that the direction of the Indonesian crypto industry is more influenced by global conditions, such as Bitcoin price movements, US monetary policy and international market sentiment. When bull run happens again, retail investor interest is expected to increase, regardless of ongoing local issues.
Gabriel reiterated that the Timothy Ronald case will not determine the future of the national crypto industry. According to him, the crypto ecosystem was built by the community, business actors, regulators and millions of users, not by one individual.
“Whatever the outcome of Timothy’s case will be, it will not affect the local crypto industry,” he said.
That’s the summary crypto news today which you can watch to keep up with world developments digital assets And blockchain technology. Stay tuned Blockchain Media Indonesia for the latest updates about the crypto market, bitcoin news, and crypto learning guides for those of you who are still beginners. [st]
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