Literature Study on The Impact of Cryptocurrencies During the Pandemic on The Indonesian Economy Bitcoin

Abstract

The emergence of cryptocurrencies or milled currencies is evidence of the rapid technology in the field of the economy. The number of users of this digital currency has impacted the Indonesian economy. This study examines the pandemic's impact on the bitcoin cryptocurrency's impact on the Indonesian economy. This research uses a skinned approach with (literature study), which analyses literature studies by collecting several journals related to research objectives. The discussion results show the impact of cryptocurrencies during the pandemic on the Indonesian economy. Bitcoin currency concluded that the price and interest increased during the cryptocurrency pandemic. The impact factor of Cryptocurrency affects the Indonesian economy; hence bitcoin in Indonesia will get affected if big countries' value drops.

Keywords: Cryptocurrencies; Bitcoin; Pandemic