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All Journal Jurnal Ilmiah Teunuleh: The International Journal of Social Sciences
Cut Nova Rianda
STAIN Teungku Dirundeng Meulaboh
Humanities Education Languange, Linguistic, Communication & Media Social Sciences Other

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ANALYSIS OF BITCOIN'S IMPACT ON USERS AND THEIR IMPACT ON THE VALUE OF THE RUPIAH AND THE ROLE OF THE GOVERNMENT IN THE PRESENCE OF BITCOIN Cut Nova Rianda
Jurnal Ilmiah Teunuleh Vol. 2 No. 2: Jurnal Ilmiah Teunuleh | June 2021
Publisher : Teunuleh Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51612/teunuleh.v2i2.50

Abstract

Bitcoin has a peer to peer system that is in contrast to financial system by eliminating third parties in transactions. Countries in the world have different positions on Bitcoin, there are countries that are accept, reject or not both, so that understanding is needed more in depth to the factors that determine the position of the country above Bitcoin. This study aims to look for the influence of the development of Bitcoin, the performance of fiat money and the governance systems of countries in the world in determining its position on the legality of Bitcoin. Theories and concepts used inside this research is the international financial system and the state management system; with a quantitative approach as well as multinomial logistic regression analysis supported with secondary data. The results of the analysis in this study revealed that of the nine factors affecting the country's top position Bitcoin; it's just that the significance is different. Influencing Factors significant in determining the country's position on Bitcoin are factors political and economic factors have no significant effect. So it can be said that state acceptance of Bitcoin tends to be caused political reasons compared to the economy, even though Bitcoin itself is located on economic aspects. If Bitcoin acceptance is legalized, then the countries in the world still must accompany the role of government because Bitcoin is judged not to have clear rules and potentially detrimental to others.
Analysis of the Negative Impact of Electoral Policies on The Geometric and Global Economy Cut Nova Rianda; Mukhsinuddin Mukhsinuddin
Jurnal Ilmiah Teunuleh Vol. 7 No. 2 (2026): Jurnal Ilmiah Teunuleh
Publisher : Teunuleh Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51612/teunuleh.v7i2.236

Abstract

This study examines the multidimensional impacts of electoral policies on geometric economy models and global stability through a qualitative literature review approach. The analysis reveals that political uncertainty during election cycles significantly disrupts geometric growth consistency, with a 1–2% decline in growth ratio (r) leading to an annual GDP loss of 0.3–0.5%. Money politics systematically distorts optimal resource allocation, diverting up to 40% of budgets to non-productive activities and reducing the marginal productivity of capital (MPK) by 0.8–1.2%. Financial market volatility, particularly in the Indonesia Stock Exchange (IDX) and rupiah exchange rates, follows election-related fluctuation patterns, though mitigated by Bank Indonesia's interest rate stabilization and foreign reserve interventions. Globally, political instability in strategic nations disrupts supply chains and international trade. Sectors with exponential growth characteristics, such as technology, experience greater disruptions compared to linearly growing sectors like agriculture. The study recommends campaign financing reforms, monetary-fiscal policy coordination, and public education to minimize electoral disruptions to geometric economic models and global stability. These findings underscore the need for evidence-based policies to balance democratic processes with sustainable economic growth.
Co-Authors Mukhsinuddin