August 08, 2025
04:18
3 days ago

Breaking News: Indonesia Eyes Bitcoin as Reserve Asset | Google Commits $1B to AI Education

Topic Key Insight Indonesia Exploring Bitcoin as part of national reserves, driven by mining potential and educational outreach. Google Investing $1B to support AI education and infrastructure across U.S. higher education institutions.

By Pokelistic author
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Breaking News: Indonesia Eyes Bitcoin as Reserve Asset | Google Commits $1B to AI Education

1. Indonesia Considers Bitcoin for National Reserves

The Indonesian government is exploring the concept of incorporating Bitcoin into its national reserves, following direct discussions with Bitcoin Indonesia and officials from the office of Vice President Gibran Rakabuming Raka.

The proposal includes the use of geothermal and hydroelectric-powered Bitcoin mining to build long-term economic resilience and reduce reliance on traditional reserve assets.

Indonesia positions itself as the fourth most populous nation and 16th largest economy worldwide, with a GDP of about $1.4 trillion.

Advocates highlighted Michael Saylor’s Bitcoin price forecasts, suggesting valuations could reach $13 million by 2045 in base scenarios and $49 million in bullish cases—a forward-looking narrative in the pitch.

The presentation also emphasized the need for Bitcoin and blockchain education to drive adoption and public understanding of crypto tools.

This forward-looking initiative reflects Indonesia’s interest in diversifying its reserves, bridging sustainable energy infrastructure with crypto innovation.


2. Google Commits $1 Billion for AI Training at U.S. Universities

In another major development, Alphabet’s Google has pledged $1 billion over three years to supply AI training and tools to universities and nonprofit campuses across the United States.

The initiative extends to cloud computing credits and advanced tools—such as enhanced versions of the Gemini AI chatbot—provided free to students.

More than 100 institutions, including large public university systems like Texas A&M and UNC, have already signed on. Google aims to eventually reach every accredited nonprofit college in the country.

This commitment positions Google to shape the future tech ecosystem and foster AI capabilities among emerging talent.

Category:general
Last updated: Aug 08, 2025

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