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Topic: Thailand Legalize Crypto currency - page 30. (Read 3025 times)

member
Activity: 216
Merit: 15
July 03, 2018, 04:37:24 PM
#31
It seems to me that acceptance of bitcoin in any case will have a good effect on the economy of the country, which accepted it, not necessarily a tourist one. You can find pros for any country.
hero member
Activity: 1330
Merit: 569
July 03, 2018, 04:33:15 PM
#30
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

It would have been better if the source of this information is included to aid  understanding of what is being discussed here. Its not enough to just continue to rejoice over the legality of bitcoin without considering all of the implicit cost associated with such decision. I don't expect any country to legalise bitcoin or crypto as the case maybe by giving it a blanket freedom without attaching some conditions to protect itself and its economy because when people realizes that, they tend to abuse the process that would then defeat the very reason why such policy was put in place in the first place. Those controls put in place to curb all of the excesses are the ones I would be most likely interested in and not the news on its face value.
full member
Activity: 392
Merit: 100
platform for everyday business
July 03, 2018, 04:23:31 PM
#29
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
Wow!its great news,and its good for the thailander people,imostly i thinks the people and there country are willing to accepting more economic progress by means of cryptocurrency process,so therefore this a great chance that there country  would been popularize and become a world economic capitalize country,because they are legalize now to do bussiness  in digital currency investment,hoping that my next is our own country,so that the poverty of my country would change into prosperity.
hero member
Activity: 980
Merit: 507
July 03, 2018, 04:20:17 PM
#28
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
They are only legalizing 7 cryptos: bitcoin, ethereum, bitcoin cash, ethereum classic, litecoin, ripple, and stellar. Except for China, US and a few other countries,the majority hasn't passed any laws that is bad towards crypto growth. Governments are just trying to protect their citizens from getting ripped by scammy ICOs. Crypto and tourism are so not related. Please don't make yourself sound more stupid than you actually are.
hero member
Activity: 1148
Merit: 500
July 03, 2018, 04:09:39 PM
#27
It's interesting that some countries which banned cryptocurrencies are now turned to be a friendly. Anyway, this is good news because while huge cryptocurrency user countries are turning against cryptocurrencies. Still we see countries opened and embrace cryptocurrency like Thailand. Bitcoin could affect their tourism a bit i think. It's more on investment. But surely it will help their citizens for this decision. Still the government should educate people there. So the citizens will be aware what is cryptocurrencies and how it works.
member
Activity: 143
Merit: 10
July 03, 2018, 04:05:14 PM
#26
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

I want you to complete your thread with a trusted news source then enter it in this thread https://bitcointalksearch.org/topic/positive-news-about-bitcoin-3229077. To make it easy for users of this forum to read positive news about bitcoin.
newbie
Activity: 16
Merit: 0
July 03, 2018, 03:54:44 PM
#25
good news for the crypto community there. Hopefully in other countries also immediately legalized
full member
Activity: 280
Merit: 106
July 03, 2018, 03:46:05 PM
#24
I think this is great news. I hope other countries will take part in this race. Big countries like China in particular.
sr. member
Activity: 672
Merit: 250
July 03, 2018, 03:45:35 PM
#23
I am not already surprised by this news I know that Thailand will be one of the country who will lead the crypto market as they are the early bird adopters of cryptocurrency, hope that many countries around the world will finally think of this way too so that more demands will come to bitcoin.

If that will be the development of bitcoin in thailand, I will be much more happier even though we seen bitcoin fall eradicate few months ago. The adoptions could boost the demand of bitcoin and will certainly build strong foundations on bitcoin community, and that's a great signs of progress for the entire cryptocurrency. With this idea we could now establish a definite status which proliferate an impressive thoughts from other interested traders whose willing to entrust their funds to bitcoin investment, and much better if holders will remain at long term goals on their assets.
full member
Activity: 630
Merit: 100
July 03, 2018, 03:45:18 PM
#22
yes that's a great move of Thailand. Appreciated  .
Tourist didn't need Exchange bitcoin to fiat dollar , thay can pay there bills by bitcoin .
newbie
Activity: 164
Merit: 0
July 03, 2018, 03:41:02 PM
#21
This is a good decision by the government of Thailand,they will help their county men from their financial problems by legalising crypto currency.More tourists that have bitcoins will visits Thailand.
sr. member
Activity: 812
Merit: 260
July 03, 2018, 03:31:22 PM
#20
I am not already surprised by this news I know that Thailand will be one of the country who will lead the crypto market as they are the early bird adopters of cryptocurrency, hope that many countries around the world will finally think of this way too so that more demands will come to bitcoin.
jr. member
Activity: 221
Merit: 5
July 03, 2018, 03:25:12 PM
#19
Did they Legalizing 7 Cryptocurrencies, as they was talking about a few weeks ago, or all crypto's.
member
Activity: 166
Merit: 10
July 03, 2018, 03:20:55 PM
#18
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
This is insanely awesome! I was rejoicing about the Philippines, but now my joy is just above and beyond, I think that bitcoin is gaining more stability in people's Minds All Over the World
newbie
Activity: 126
Merit: 0
July 03, 2018, 03:15:18 PM
#17
That's a great new! Gradually, different countries are adopting bitcoin. I think many more to go.
member
Activity: 308
Merit: 10
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
July 03, 2018, 11:40:31 AM
#16
I like that more and more countries are legalizing crypto-currencies. Sooner or later everyone will have to admit it, I hope this happens very soon
newbie
Activity: 69
Merit: 0
July 03, 2018, 10:07:17 AM
#15
Beautiful country, and most importantly its government is thinking about profit. I think the flow of tourists and vacationers will only grow.
full member
Activity: 560
Merit: 108
July 03, 2018, 02:39:47 AM
#14
If this is a legit news It's a very good news for cryptocurrency world because many countries such as Thailand accept the cryptocurrency existing and I hope it will follow by others countries. So, more crowded will using cryptocurrency.
newbie
Activity: 210
Merit: 0
July 03, 2018, 01:51:47 AM
#13
More countries and cooperate bodies are joining the Crypto world, I see the harvest day getting closer and better. Holders get ready.
full member
Activity: 406
Merit: 101
Decentralized Digital Billboards
July 03, 2018, 01:43:21 AM
#12
This is great news, specially for tourists that has using Bitcoin. Thailand is one of country that rely on their tourist, I do not know what will be the impact of this on their tourist economy but it will be really convenient for their tourist.

I hope Thailand can show the positive effect of Bitcoin so that their neighboring countries  would follow their path.
Cryptocurrency users are like a market for the tourism industry I think Thailand can get this market if they give easy access in payment method for Cryptocurrency users, now Cryptocurrency has been legalized in this country but that is not enough to provide maximum service
I hope Stores, Holiday accommodation services, Merchants etc, will optimize this legalization by adopting Cryptocurrency as their payment method
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