The Story of Bitcoin Indonesia: Breaking Free from Altcoins to Build a True Bitcoin Community

In this edition, we invited Keypleb, the founder of Bitcoin Indonesia, to share how he built the Bitcoin community in Indonesia, overcoming challenges like member turnover and venue selection, while driving the adoption and growth of Bitcoin.

YakiHonne: Welcome, Keypleb. Before we begin, let me briefly introduce YakiHonne. YakiHonne is a decentralized media client built on Nostr—a protocol designed to empower freedom of speech through technology. It enables creators to own their voices and assets while offering innovative tools like smart widgets, verified notes, and support for long-form content. We focus on free speech and free media by user privacy and data to be protected. So before starting the interview, I'd like to hear about yourself and your community.

Keypleb：My name is Keypleb, though it’s a pseudonym—a name I use to respect privacy. I'm a co-founder of Bitcoin Indonesia, Bitcoin House Bali, and Code Orange, a new developer school we launched at a conference just a few days ago. We focus on driving adoption through meetups, hackathons, and technical workshops. I'll dive into more details later, but that's a brief overview. I'm based in Bali now, though I travel a lot and consider myself quite nomadic. Great to be here.

YakiHonne: What sparked your interest in Bitcoin and what motivated you to create a community on Bitcoin?

Keypleb：I first got interested in Bitcoin because it solved a specific problem. At the time, I didn’t know exactly what the solution was, but the problem was that I couldn’t afford a home. Back in 2019, I was living in London, and a two-bedroom apartment was £600,000, which was insanely expensive. First-time buyers like myself simply couldn’t afford it. Why was it so expensive? Why was buying a house so hard? During the COVID lockdown, I had more time on my hands and started listening to Michael Saylor on a Bitcoin podcast, where he talked about how the system is rigged, and that’s why people work hard but still can’t afford a house. That really resonated with me. So I started looking for a community, but unfortunately, there wasn’t one.. Keypleb：After moving to Bali, I attended a lot of crypto meetups, especially scammy altcoin ones, thinking, “There has to be a solution.” But none of them resonated with me. There was no sense of freedom, and no real discussion about inflation resistance. I remembered a podcast from Dea Reskita, an Indonesian host who’s pretty well-known online. I reached out to her and said, “ you’ve got to help me. I’m surrounded by all these shitcoiners, and I can’t take it anymore. I need a real community. Is anything happening?” She replied, “Yes, something is happening. We should restart these meetups next month.” And that’s how it all began. Keypleb：There’s also another story about how we started Bitcoin House and how Bitcoin in Asia came to be, but maybe I’ll save that for later. Anyway, the spark of interest came from Bitcoin solving a real problem, and my drive to keep going came from the lack of quality meetups. Now, we’ve hosted 31 meetups, launched Bitcoin House and Code Orange, and the movement is growing rapidly.

YakiHonne: That’s such an amazing story—going from being on the brink of homelessness to creating something so impactful, and keeping it running every day, bringing new people into the journey. It’s truly inspiring. I’m curious about how the community started. How did you manage to attract members and build a strong community? What challenges did you face along the way?

Keypleb：It all started with our first meetup at the end of 2022, which was two and a half years ago now. At that time, we sent out an email to a group from a previous database, and the first meetup had around 20 people, which was a good start. However, problems quickly arose as people started dropping off, and the community lacked retention. In Bali, people come and go, usually staying for no more than two months, leading to a lack of long-term participation. This became one of our challenges: how to attract more people and, more importantly, get the same people to keep coming back. While I've been coming back for two and a half years, not everyone is able to return as often, and that has been a real challenge. Keypleb：Actually, I should also mention how I met my co-founders—Marius, Diana, and Dimas. We met at the 2023 Indonesia Bitcoin Conference. As time went on, we kept hosting meetups and had a lot of fun each time, though the locations kept changing. One of the initial challenges was that we didn't realize the importance of having a fixed meetup location. We changed venues several times before we realized that having a consistent location is crucial. If anyone wants to run a meetup, it's best to always choose a fixed location. We learned this through trial and error, but now it's no longer an issue. Keypleb：Since the conference, my co-founders and I have been working together, consistently putting in the effort. This is why our community has grown so large—so far, we are hosting 31 monthly meetups, 6 of which are in Bali. This means there is a bitcoin meetup almost every day on a regular basis. We've also established Bitcoin House Bali, a physical space, and the movement is growing rapidly. Without this movement, the region would face many challenges, including inflation and heavy censorship. It all started from just one meetup. YakiHonne: It's amazing to see how you met your co-founders and how you’ve built something incredible that continues to grow today. What advice would you give to someone looking to start a successful Bitcoin community right now?

Keypleb：First, one very important piece of advice is to ensure that every meetup is held at the same location regularly. We realized this challenge through trial and error. To help others who are interested, we’ve published our meetup guide on GitHub, where everyone can check it out. For example, meetups should be held regularly, ideally once a month, or even once a week. In Chiang Mai, the Bitcoin meetup starts every Thursday at 7 PM, and everyone knows the time and location, making it easy to join without having to look up the next meetup. Keypleb：Additionally, our meetup structure is very simple. First, we do a round of introductions where everyone shares their name, where they’re from, and what Bitcoin means to them. This usually takes about 15 minutes. Then, we discuss three main questions: First, why do we need Bitcoin? The discussion typically focuses on two main issues Bitcoin addresses: inflation and censorship；Secondly, how to buy Bitcoin? We usually ask who wants to buy some Bitcoin, and then we do a small purchase together and conduct a P2P trade to demonstrate how easy it is to buy Bitcoin. Lastly, how to store Bitcoin? We introduce self-custody and show how to use hardware wallets (like Trezor), explaining the concept of the 12 words and private keys. Keypleb：The whole meetup usually wraps up in about an hour, after which people can continue socializing at Bitcoin House or wherever the meetup is taking place. In short, keeping the meetup simple and efficient, and ensuring a fixed location for each event, are key factors in building a successful community.

YakiHonne: What's the major approach? Is it more technical, or do you focus on non-technical aspects, or do you cover both?

Keypleb：Our approach includes both technical and non-technical content. Initially, our meetups were completely non-technical, just casual gatherings for people to socialize. Over time, however, we've evolved to incorporate more technical content. Keypleb：Out of the 31 monthly regular meetups we host, most of them have been non-technical, simply regular gatherings held at the same time and place according to our meetup guide. For example, we host the “Bitcoin for Beginners” meetup, which is designed for newcomers and takes place every second Friday of the month at 5 PM at the Bitcoin House Bali. This is entirely non-technical. Additionally, every Wednesday at Bitcoin House, we host the “My First Bitcoin” course. While the course touches on some technical aspects, such as seed phrases and backups, it’s still beginner-friendly and not too technical. The course runs for 10 weeks, and we plan to offer it in the local language at Bali University to help the local community better understand Bitcoin. Keypleb：On the other hand, we also offer highly technical content. We launched a new program called “Code Orange,” which is specifically designed for developers and programmers. We use the “Decoding Bitcoin” website, created by Jamal, which is a learning platform for developers. Many developer schools, like Code Orange, use this resource. Additionally, we host “Code Orange” meetups where we dive into the technical aspects of Bitcoin, such as how mining works and how to prevent single points of failure. Keypleb：We also organize technical workshops, such as “How to Defend Against a Five-Dollar Wrench Attack,” which is closely related to security. Recently, there have been some kidnapping incidents in Bali, and many people are concerned about their Bitcoin being stolen. To address this, we plan to hold a workshop on how to protect Bitcoin against such attacks. Additionally, we host hackathons and other high-tech events, and we just completed a very successful beginner-level hackathon. Keypleb：In summary, our community caters to everyone, from beginners to technical experts. For beginners, we offer easy-to-understand, non-technical content, while for experienced Bitcoiners, we provide in-depth technical material. YakiHonne: It's great to approach it in both ways, so everyone gets their own "piece of the cake."Now, I'd like to dive into the technical side. What advice would you give to technically inclined individuals or organizations looking to contribute to the Bitcoin ecosystem? How should they approach the technical aspects of Bitcoin if they want to get involved?

Keypleb：I have some additional advice. First, technical individuals can sign up for the “Decoding Bitcoin” course that starts on 18th March 2025 or join our “Code Orange” program and participate in the end-of-year hackathon. If they are technically proficient, this will be a great opportunity. “Decoding Bitcoin” is great for beginners, but it’s also useful for technical individuals. If someone is very skilled, they can start contributing code right away. If they find the course too easy, they can skip it and dive directly into more advanced projects. Additionally, Bitshala and Chaincode Labs offer advanced courses, which more technically advanced individuals can choose to pursue. Keypleb：Additionally, it's worth mentioning that the Bitcoin Dev Project has a great platform where technical individuals can find “Good First Issue” or open-source projects to start contributing code. You'll learn about the philosophy behind Bitcoin and why it's more meaningful than other “shitcoins.” Once you’ve taken enough “orange pills” (the philosophy and technology of Bitcoin), you can dive deeper into Bitcoin core development and potentially start coding in C++. If you're interested, you can join specific projects like Nostr, Fedimint or E-Cash.

YakiHonne: I’d like to move on to the next question: How do you see Bitcoin communities evolving as technology progresses, particularly in areas like scalability, privacy, and adaptability to other systems? Keypleb：I believe the Bitcoin community will continue to evolve, and it has already made incredible progress. Two and a half years ago, we started alone in Bali, with just ourselves. We began in the official phase and have had numerous conversations throughout the year. For example, we are now starting a Bitcoin club at a university in Bali; we just need to find a passionate, driven “Bitcoin maximalist,” and the Bitcoin club will begin. Like what our friends did in Banyuwangi, Indonesia, these clubs could eventually evolve into Bitcoin houses.

Keypleb：Regarding privacy and scalability, the community is making strides. We’re big fans of Fedi, which builds on top of the Fedimint protocol and uses e-cash to scale Bitcoin while improving privacy. Fedi low fees and high privacy potential give Bitcoin great opportunities in this area. Keypleb：As for Bitcoin's compatibility with fiat systems, although Bitcoin payments are illegal in some countries like Indonesia, smart developers across Southeast Asia are working on legal solutions. For example, there's a website called Pleb QR that works in Thailand, allowing you to pay in fiat via the Lightning Network. Koral is another app specifically for Indonesia. These kinds of testing products already exist and are physically possible, but we’re just waiting on regulations. My influential friends are actively lobbying the government for adoption. Keypleb：In summary, privacy, scalability, and compatibility with fiat systems are all works in progress, and they will continue to evolve positively. There will be more meetups, more wallet downloads, and more adoption—there’s no doubt about that.

YakiHonne: You mentioned the concept of cross-country issues, so I have one last question: How is the government’s stance on Bitcoin? Is the political climate supportive or against Bitcoin? How do you see the government's approach to Bitcoin in your community or environment?

Keypleb：This reminds me of a person, Jeff Booth, who once said, “We are them, the government is made up of us.” In Indonesia, many politicians actually support Bitcoin, and many of them mine Bitcoin themselves. When money is involved, the incentive is strong, and politicians naturally like to make more money. As a result, Indonesia has a large Bitcoin mining scene. However, overall, the Indonesian government is against Bitcoin, as seen in their ban on Bitcoin payments. The 2011 currency law states that any currency other than the Indonesian Rupiah (IDR) cannot be used, and violators can face up to one year in prison or a fine. This means you cannot pay with US dollars, lira, euros, pesos or pounds. Keypleb：This shows that the government’s legal system is somewhat fragile. It’s understandable that the government is concerned about disruptive technologies like Bitcoin, especially with such a fragile fiat system. Indonesia has also seen many arrests. In 2016, Bank Indonesia issued a letter announcing a crackdown on cryptocurrency payments. Those involved in paying in Bitcoin had their funds seized, and the police cooperated in shutting down businesses accepting Bitcoin payments in the cities. While this isn't very friendly, it does highlight the fragility of the existing system. We also believe that a new executive order may be introduced in the future, similar to when President Roosevelt in 1933 ordered Americans to hand over all their gold with his Executive Order 6102. If it happened before, it could happen again. Keypleb：Therefore, we predict that Bitcoin custody could become a legal issue, which is one of the reasons we blur the faces of participants at every meetup. We need to protect the community from any potential risks. But overall, we remain optimistic. Despite the government ban, the ideology of Bitcoin is unstoppable, and its spread cannot be stopped. So, we are very optimistic about the future.

YakiHonne: I think almost every government around the world, even in Africa, faces similar issues with Bitcoin. Some governments might want Bitcoin but hesitate to openly accept it due to the fear of it undermining the traditional financial system, which, of course, could eventually happen. But hopefully, as the new generation comes into power, we'll see more Bitcoin-friendly governments. So, thank you so much for sharing your insights and advice. I really appreciate your time and the valuable input you've provided.

Keypleb：I'm really glad this conversation enlightened me. I enjoyed it a lot, and it made me reflect on how much work we're doing and how valuable it is. There are a lot of problems out there, with censorship being the biggest one, followed by inflation, which is also a major issue depending on the region. But Bitcoin is open, the community is growing, and people are fighting against censorship and internet shutdowns in places like Indonesia and beyond. The movement is definitely growing. So, I'm very happy to be here and have this chat. Thanks again.

Bitcoin Indonesia nostr:

Keypleb nostr: