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Author Topic: Thailand and Bitcoin - Rising Power?  (Read 965 times)
CoinDox (OP)
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June 09, 2015, 09:17:45 PM
 #1

Can anyone from the region describe what the environment right now in Thailand for users of Bitcoin? I know BTC was dubbed illegal in 2013, but has this really had an affect on its use?

I appreciate any insight, googling and prodding the interwebs did not yield much help  Undecided
unamis76
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June 09, 2015, 09:59:54 PM
 #2

It's apparently quite a bit used. A quick search reveals localbitcoins action, a Bitcoin ATM somewhere and some restaurant accepting it.

A few months ago a cafe in Thailand appeared on reddit, offering Bitcoin payment option. If Bitcoin is illegal there... laws aren't working quite well Grin
fred930
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June 09, 2015, 10:22:04 PM
 #3

It's apparently quite a bit used. A quick search reveals localbitcoins action, a Bitcoin ATM somewhere and some restaurant accepting it.

A few months ago a cafe in Thailand appeared on reddit, offering Bitcoin payment option. If Bitcoin is illegal there... laws aren't working quite well Grin

Bitcoin regulation could be like China in Thailand. There might be all sorts of rules about what you can do with bitcoins, but perhaps it's not technically illegal. There were countless stories saying China had banned bitcoin, but none of them had got their facts straight.
dollarneed
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June 10, 2015, 09:08:39 AM
 #4

so many negative rumor about using bitcoin especially in south east asian,believe it or not bitcoin still not legalling but we're gonna fight for it,btw i dont know what about thailands bitcoin user anything because i did not find thailands forum here,but in other country near from thailand there are lot of bitcoiners there
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June 10, 2015, 09:23:43 AM
 #5

I doubt a lot has changed since this article was posted on 20 August 2014 :
http://www.coindesk.com/bitcoin-ban-fear-fades-thailand-exchange-launch/
The last I heard of any bans on Bitcoin in Thailand was back in 2013. The last news update on one of their exchanges was in March of this year, so I guess they still active.
https://bitcoin.co.th/news/

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fred930
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June 10, 2015, 09:40:42 AM
 #6

I doubt a lot has changed since this article was posted on 20 August 2014 :
http://www.coindesk.com/bitcoin-ban-fear-fades-thailand-exchange-launch/
The last I heard of any bans on Bitcoin in Thailand was back in 2013. The last news update on one of their exchanges was in March of this year, so I guess they still active.
https://bitcoin.co.th/news/

Wikipedia has a page showing the legality of bitcoin in various countries. It gives similar information to your articles.

http://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

Regarding Thailand it says the Bank of Thailand declared it illegal 2013, but some companies are still getting business licenses.

Febo
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June 10, 2015, 09:52:32 AM
 #7

It's apparently quite a bit used. A quick search reveals localbitcoins action, a Bitcoin ATM somewhere and some restaurant accepting it.

A few months ago a cafe in Thailand appeared on reddit, offering Bitcoin payment option. If Bitcoin is illegal there... laws aren't working quite well Grin

Laws are not working anywhere well.
Specially not about something like Bitcoin.
Nothing cant prevent its growth.
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June 10, 2015, 10:13:34 AM
 #8

It's apparently quite a bit used. A quick search reveals localbitcoins action, a Bitcoin ATM somewhere and some restaurant accepting it.

A few months ago a cafe in Thailand appeared on reddit, offering Bitcoin payment option. If Bitcoin is illegal there... laws aren't working quite well Grin

i can confirm that, i have some friends there and still doing pretty good, hell, even more than in some other countrys.

Laws are not working anywhere well.
Specially not about something like Bitcoin.
Nothing cant prevent its growth.

haha, agree with you about it, laws are not working anywhere well Wink

IMHO #1.b of suspects, Hal Finney is/was S.N.
CoinDox (OP)
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June 11, 2015, 11:52:42 PM
 #9

Thanks guys, I appreciate all of the insight and links. It does seem that use of BTC in Thailand is certainly gaining popularity.

My guess is that it has something to do with all of the new region specific business that allow the average user in Thailand the opportunity to easily buy sell RBT/BTC - aka ever since Q4 2014 - Q1 2015 three exchanges appeared, multiple atms, and mobile-phone BTC top-up (serviceshttps://bitcoin.co.th/topup/) on the scene.
dollarneed
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June 12, 2015, 12:21:09 AM
 #10

Thanks guys, I appreciate all of the insight and links. It does seem that use of BTC in Thailand is certainly gaining popularity.

My guess is that it has something to do with all of the new region specific business that allow the average user in Thailand the opportunity to easily buy sell RBT/BTC - aka ever since Q4 2014 - Q1 2015 three exchanges appeared, multiple atms, and mobile-phone BTC top-up (serviceshttps://bitcoin.co.th/topup/) on the scene.

Wooow thats nice i have a plan to visit thailand soon, by the way thanks for the info Cheesy
joesmoe2012
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June 12, 2015, 03:40:02 AM
 #11

We have a bitcoin ATM in Thailand, at Chit Beer Brewery.

Also that article about bitcoin being illegal in thailand is nonsense.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
dollarneed
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June 12, 2015, 06:44:03 AM
 #12

We have a bitcoin ATM in Thailand, at Chit Beer Brewery.

Also that article about bitcoin being illegal in thailand is nonsense.


Thank you for the information,i just need converted my bitcoin to bath using atm if i visited thailand
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June 12, 2015, 01:03:04 PM
 #13

I have on reliable info that some "bargirls" accept it.
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