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Topic: bitcoin.co.th trading suspended - page 9. (Read 21787 times)

legendary
Activity: 1834
Merit: 1019
July 29, 2013, 06:34:56 AM
#31
Quote
In my home country of America, the fundamental basis of law is that every act is LEGAL, unless there is a law that makes that act illegal.  Thailand’s fundamental basis of law is quite different – in Thailand, every act is ILLEGAL, unless there is a law (and process, and procedure) to make it legal.
So, unless there's a law explicitly permitting me to, say, trying to keep an eye open while I'm blowing my nose, I'm committing a crime.
Yeah, sure, makes sense.

I mean, I'm not saying you're lying, I'm just saying that such a system is so incredibly fucked up and senseless, that you should just ignore it altogether.


Right? Like how did it all start out? surely there was a day they had no laws and had to decide them

Funny how such a beautiful country can have such draconian laws like that
hero member
Activity: 630
Merit: 500
Bitgoblin
July 29, 2013, 06:31:18 AM
#30
Quote
In my home country of America, the fundamental basis of law is that every act is LEGAL, unless there is a law that makes that act illegal.  Thailand’s fundamental basis of law is quite different – in Thailand, every act is ILLEGAL, unless there is a law (and process, and procedure) to make it legal.
So, unless there's a law explicitly permitting me to, say, trying to keep an eye open while I'm blowing my nose, I'm committing a crime.
Yeah, sure, makes sense.

I mean, I'm not saying you're lying, I'm just saying that such a system is so incredibly fucked up and senseless, that you should just ignore it altogether.
legendary
Activity: 1190
Merit: 1001
July 29, 2013, 06:28:47 AM
#29
Well, if there is no law against it, it is not illegal.

I'm not a lawyer, but here is a quote from my lawyer in Thailand:

Quote
In my home country of America, the fundamental basis of law is that every act is LEGAL, unless there is a law that makes that act illegal.  Thailand’s fundamental basis of law is quite different – in Thailand, every act is ILLEGAL, unless there is a law (and process, and procedure) to make it legal.
hero member
Activity: 630
Merit: 500
Bitgoblin
July 29, 2013, 06:24:34 AM
#28
I guess they are just upset that the B symbol is now more known for BTC than for THB : P
legendary
Activity: 1358
Merit: 1002
July 29, 2013, 06:08:19 AM
#27
Ok, may be I'm not aware about legal procedures in Thailand.
it seems like sharia court, where judge makes decision according not to law but by their own opinion.

Obviously for there to be any penalty it would have to go through the courts.  ie Civil and/or Criminal charges would have to be brought and trials, appeals etc...

Any Guinea pig volunteers?

Maybe an American Goat will do... No need to bring pigs from Guinea.
legendary
Activity: 1834
Merit: 1019
July 29, 2013, 06:02:28 AM
#26
^lol
====
Okay a little bit about this Thailand crazyness.

This guy went to some bankers and was like, hey is it cool if we do this? The bankers where like, ummm... Since there are no laws, it must be illegal! Yeah!

Well, if there is no law against it, it is not illegal. Also these guys do not make laws nor do they enforce them. The guy was trying to cover his ass but really he is overreacting and yeah seems to be creating FUD. All the banker guys were going to do was cover their ass as well.

The guy clearly does not know what he is doing and really should not have invested this much time in an exchange if he was going to take this path. Anyway it over all does not mean anything, people are not going to be jailed for buying BTC in Thailand. This "advice" means nothing in a court of law.

 Roll Eyes


legendary
Activity: 3431
Merit: 1233
July 29, 2013, 06:00:53 AM
#25
i like how they declare it outright illegal versus saying the money laundering via bitcoin is illegal
This is how gentlemen do it. Not like pussies that tell you 100 insignificant reasons wasting your time before you figure out the true one.
hero member
Activity: 898
Merit: 1000
July 29, 2013, 05:58:24 AM
#24
If I take my laptop to Thailand this summer, do I have to remove my private keys before crossing the border?

Just stash them up ya arse mate

lol
hero member
Activity: 714
Merit: 502
July 29, 2013, 05:54:41 AM
#23
If I take my laptop to Thailand this summer, do I have to remove my private keys before crossing the border?

Just stash them up ya arse mate
hero member
Activity: 714
Merit: 502
July 29, 2013, 05:54:02 AM
#22
Internet Porns illegal in Thailand, Whoreing's illegal in Thailand, smoking while driving, Conterfeit goods are illegal. The police aren't very on top here I don't think its anything to worry about. I was caught over the limit with no tax or insurance on my motorbike recently and got a 200 baht (6usd) fine!!
hero member
Activity: 898
Merit: 1000
July 29, 2013, 05:52:14 AM
#21
If I take my laptop to Thailand this summer, do I have to remove my private keys before crossing the border?
legendary
Activity: 1834
Merit: 1019
July 29, 2013, 05:38:59 AM
#20
 i like how they declare it outright illegal versus saying the money laundering via bitcoin is illegal
full member
Activity: 140
Merit: 100
July 29, 2013, 05:35:01 AM
#19
On the plus side you can still mine...and send the bitcoins as gifts (within Thailand) Cheesy

Which, I take it, would also mean only mining in pools within Thailand, otherwise the bitcoin you receive would be from outside Thailand and therefore illegal importation.
legendary
Activity: 1190
Merit: 1001
July 29, 2013, 05:34:22 AM
#18
Ok, may be I'm not aware about legal procedures in Thailand.
it seems like sharia court, where judge makes decision according not to law but by their own opinion.

Obviously for there to be any penalty it would have to go through the courts.  ie Civil and/or Criminal charges would have to be brought and trials, appeals etc...

Any Guinea pig volunteers?
legendary
Activity: 3431
Merit: 1233
July 29, 2013, 05:32:30 AM
#17
And here guys and gals is the whole difference between the First World and Third World, between a free society and controlled society:

"At the conclusion of the meeting senior members of the Foreign Exchange Administration and Policy Department advised that due to lack of existing applicable laws, capital controls and the fact that Bitcoin straddles multiple financial facets the following Bitcoin activities are illegal in Thailand..."

In a free country you do what you like as long as it is not illegal. In a controlled un-free country you can only do what is legally allowed.

As a side note, too bad for Thailand, missing the Bitcoin and cryptocurrency train. They will regret it.

Are you kidding?

The only difference between controlled un-free country and controlled free country is that in the controlled free country you're not allowed without the government officially telling you're not allowed.
N12
donator
Activity: 1610
Merit: 1010
July 29, 2013, 05:32:26 AM
#16
  • Receiving Bitcoins from anyone located outside of Thailand

So we can makle anyone in Thailand do illegal things by sending them an private key/brainwallet with Bitcoins?
Just knowing it makes you the (or one of the) owners of the Bitcoins.

E.g. Brainwallet-pw with some miliBitcoins: pinkelephant

Poor Goat.
sr. member
Activity: 364
Merit: 250
July 29, 2013, 05:31:16 AM
#15
  • Receiving Bitcoins from anyone located outside of Thailand

So we can make anyone in Thailand do illegal things by sending them an private key/brainwallet with Bitcoins?
Just knowing it makes you the (or one of the) owners of the Bitcoins.

E.g. Brainwallet-pw with some miliBitcoins: pinkelephant
donator
Activity: 784
Merit: 1000
July 29, 2013, 05:29:24 AM
#14
When a senior official at a central bank tells you point-blank, "buying or selling bitcoins is illegal", unless you have a seriously large legal fund and willing to fight all the way to the constitutional courts if necessary, you take it seriously.

Ok, may be I'm not aware about legal procedures in Thailand.
it seems like sharia court, where judge makes decision according not to law but by their own opinion.
legendary
Activity: 1190
Merit: 1001
July 29, 2013, 05:28:44 AM
#13
On the plus side you can still mine...and send the bitcoins as gifts (within Thailand) Cheesy
legendary
Activity: 1834
Merit: 1019
July 29, 2013, 05:26:37 AM
#12
this is like saying exchanging anything not currency for goods and services is illegal...scary
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