You are correct. It did not say "court." However, I think that it would be very naive to totally disregard the fact that the Bank does not recognize the Bitcoin as a legitimate source of currency. I do not see how that does not factor into whether or not this public announcement will affect the use of Bitcoins in Thailand. When you want to make a point, you should not try to disprove other people's statements via name-calling. That only makes you look like you want to win your argument by any means necessary and not because your argument is actually a sound one.

Also, a court's interpretation of the law has A LOT to do with how the law is enforced. Words without meaning really don't mean much, do they?

http://www.telegraph.co.uk/finance/currency/10210022/Bitcoins-banned-in-Thailand.html

^^This is the article that I was specifically referring to, but there are many more online.

I think the Bitcoin currency (or the concept of the Bitcoin currency) will most likely morph as more people become exposed to the idea  of using Bitcoins, and Bitcoins become more accepted in commerce. Because Bitcoins are not centralized, however, I wonder what kind of changes that Bitcoin will inevitably go through and how this change will affect current users of Bitcoin.

This is great! I think this will allow young people to at least know that some form of alternative currency actually exists out there. Maybe this being a TED Talks topic will make bitcoin use seem more "trendy."

An online website from the UK definitely reported that the Thailand court ruled that the exchange of bitcoins for currency is illegal. At least if it involves an international transaction.

Yeah, I am just going to be patient and see what materializes out of this.

I am looking forward to seeing what these guys have. If they have several people vouching for them (as well as a company like Uniquify) then I am guessing that they must have something tangible to offer. We just have to be patient...

Great.... then I will overclock.

From what I've been gathering, BFL is a total scam, so I have been looking at KnC and ASIC Miner. However, there is a little bird going around claiming that there is another company called HashFast that is coming out with some good hardware. Hmmm..... Any thoughts?

[[If you don't know what I'm talking about, please refer to "Custom Hardware".... Mining > Hardware > Custom Hardware. ]]

What can you get out of this if you overclock it?

What is the best mining hardware currently on the market?!?!! Is there something affordable but that will also let me eventually break even? Thanks! 

What is the best software to use to mine coins?? Are there any others besides the ones that are always mentioned online?

Can anyone please inform me of the most effective way to mine for bitcoins? Thank you.

If companies like square and paypa are able to do this, I don't understand why we can't do it with BTC?  The only difference is that the BTC world is rife with hackers with a lot of time on their hands. LOL.