I know they would probably have been counting on Bitcoin popularity to make up for that, but in this sentiment be amazed if people went for exchanges rather than cheaper p2p.
It's like a cat and mouse game. Eventually governments will try to meet the average user in the middle, all to make local transactions less appealing, and thus not miss out on tax income they otherwise wouldn't be getting. It's amazing that crypto offers people this much power, because for the first time it's up to the government to make a 'friendly' move towards its people.
At least the government of Thailand see's the potential of getting huge taxes out of crypto and who knows, the kingdom will develop as another crypto hub in Asia. It's a democratic country so it's easy from the outside to see them really friendly to their population.
If you keep thinking that people will blindly follow everything you as government come up with, you are wrong. I would like this to be turned into some sort of a revolution at one point, whenever Bitcoin is ready to handle mass adoption. People gave governments the power they have, and now they have the tool they need to lessen that power, so use it.
And that tool would be crypto, as it gave freedom to even a ordinary citizens like the majority of us. Just imagine what mass adoption would be in the future though, exciting times ahead for all of us in the next 10 years.
