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ISSN No:-2456-2165
Abstract:- This research aims to (1) know and analyze network that is able to connect any computer in the world to
the positive influence of social influence, (2) cyber make open accounting books.
security, and (3) government regulation on behavioral
intention to acceptance usage of bitcoin in Indonesia. (4) There are many factors that influence the acceptance
To know and analyze the positive influence of quality of of Bitcoin use in Indonesia, that are social influence, cyber
support infrastructure and (5) behavioral intention on security, Indonesian government regulations, and quality of
use behavior to acceptance usage of bitcoin in support infrastructure. The usage of Bitcoin in Indonesia has
Indonesia. This research uses saturated sampling be debatable issue in the society due to the absence of
method, which is the entire population as used as a regulations that in detail control the using of the
research sample. Sources of data in this study are cryptocurrency, and additional the absence of government
primary data obtained from the answers of respondents institutions that oversee the using of Bitcoin so that it is
with use questionnaire. The data analysis technique assumsed vulnerable harming to people who use Bitcoin.
used is outer model, inner model, and hypothesis
assessment. Because of debatable issue in Indonesian society, which led
researchers to conduct research about acceptance the usage
Based on the results of bootstrapping (t-test), this shows of Bitcoin, there were several previous research that
that (1) Social influence, (2) Cyber security, and (3) investigate about Bitcoin that are [1], [2], [3], [4], and [5].
Government regulation has a significant positive effect The previous researchers got different research results
on Behavioral Intention to acceptance usage of bitcoin which created inconsistencies. The emergence of
in Indonesia. In addition, (4) Quality of support inconsistencies in the results of previous research led to a lot
infrastructure has a positive correlation but doesn’t of motivation for the next researchers to reexamine the
have significant effect on Use Behavior to acceptance acceptance of the using Bitcoin, especially in Indonesia.
usage of bitcoin in Indonesia, while (5) Behavioral
intention has a significant positive effect on Usage The purpose of this scientific journal is to know and
Behavior to acceptance usage of bitcoin in Indonesia. analyze the impact of Social Influence, Cyber Security,
The research implications in using of bitcoin, the Government Regulation, and Quality of Support
company is expected to provide education about bitcoin, Infrastructure on Acceptance Usage of Bitcoin in
improve transaction security systems, provide Indonesia. This research is expected to be used as an
information related to regulations that allow to users additional reference for further research. The results of this
and provide additional facilities to maintain the loyalty research are expected to help the development of
of bitcoin users. Limitations in this research are not accounting science, especially those related to Bitcoin
using moderating variables and slightly amount of which is also know as financial tehconology. This research
samples. For future research it is recommended to is also expected to be able to help investors and
increase amount of samples, use moderating variables, cryptocurrency traders, especially Bitcoin traders to be used
use new variables that relevant to bitcoin and retest for consideration of investment decisions in the future. In
cyber security and government regulation variable. addition, this research is expected to be able to add insight
and knowledge of Indonesian society about acceptance
Keywords:- Bitcoin, Cryptocurrency, Financial usage of Bitcoin in Indonesia.
Technology, Indonesia, UTAUT Model.
II. LITERATURE REVIEW AND THEORETICAL
I. INTRODUCTION DEVELOPMENT
H1 Social Influence has a positive effect on Behavioral Intention to acceptance usage of Bitcoin in Indonesia
H2 Cyber Security has a positive effect on Behavioral Intention to acceptance usage of Bitcoin in Indonesia
H3 Government Regulation has a positive effect on Behavioral Intention to acceptance usage of Bitcoin in Indonesia
H4 Quality of Support Infrastructure has a positive effect on Use Behavior to acceptance usage of Bitcoin in Indonesia
H5 Behavioral Intention has a positive effect on Use Behavior to acceptance usage of Bitcoin in Indonesia
Table 1:- Research Hypothesis
G. Measurement Model The results of this research found that the social
In this measurement model testing, several influence on the S2 indicator (Friend Factor) had the
requirements will be tested which aim to find out indicators greatest impact on making someone affected and intending
that have met and not fulfilled the requirements. This test to use bitcoin. In addition, there are 2 indicators on cyber
will be carried out that are the validity and reliability test security indicators that have a major impact on the growth
which can be seen in Figure 3 following. of someone intention to use bitcoin that are CS2
(Identification) and CS3 (Authentication). Government
regulation in the GR2 indicator (Durability) has a
significant impact considering that bitcoin cannot be
damaged in its use.
Convergent Validity
Table 2:- Outer Loading (OL) Results Fig 4:- Discriminant Validity Results
I. Inner Model
Quality of support infrastructure (Facilitating This research was conducted online in Indonesia by
Conditions) toward Use Behavior distributing questionnaires at https://forumbitcoin.co.id and
In this research get results that Quality of support the bitcoin community on social media, such as Telegram,
infrastructure has a positive correlation but doesn't have a Line, WhatsApp and Instagram. In this research there are