dave111223 (OP)
Legendary
Offline
Activity: 1190
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 09:22:40 AM Last edit: July 30, 2013, 04:09:06 AM by dave111223 |
|
|
|
|
|
solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 09:31:46 AM |
|
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.
|
|
|
|
zeroday
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:04:03 AM |
|
Holy cow! And violators will be beheaded ?
|
|
|
|
solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:05:56 AM |
|
Holy cow! And violators will be beheaded ?
The lucky ones. The others get stomped on by elephants.
|
|
|
|
Meni Rosenfeld
Donator
Legendary
Offline
Activity: 2058
Merit: 1054
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:09:04 AM |
|
Is this for real? This is huge (in the negative sense) news if true. Is the source credible?
|
|
|
|
zeroday
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:13:31 AM |
|
Negative sense for Thailand, not bitcoin...
|
|
|
|
Chang Hum
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:18:09 AM |
|
Shit do you know if you can still make a transfer to your tba off an exchange?
|
|
|
|
zeroday
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:18:30 AM |
|
but as I understand, it's not a law, but just conclusion of a bunch of idiots at the meeting.
|
|
|
|
dave111223 (OP)
Legendary
Offline
Activity: 1190
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:23:37 AM Last edit: July 30, 2013, 04:01:25 AM by dave111223 |
|
but as I understand, it's not a law, but just conclusion of bunch of idiots at the meeting.
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.
|
|
|
|
smscotten
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:24:53 AM |
|
I'll have to remember to only spend Litecoin on my next trip to Thailand.
|
|
|
|
dave111223 (OP)
Legendary
Offline
Activity: 1190
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:25:42 AM |
|
I'll have to remember to only spend Litecoin on my next trip to Thailand.
Alt-coins were discussed at the meeting, same rules apply.
|
|
|
|
vokain
Legendary
Offline
Activity: 1834
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:26:37 AM |
|
this is like saying exchanging anything not currency for goods and services is illegal...scary
|
|
|
|
dave111223 (OP)
Legendary
Offline
Activity: 1190
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:28:44 AM |
|
On the plus side you can still mine...and send the bitcoins as gifts (within Thailand) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
zeroday
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:29:24 AM |
|
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.
|
|
|
|
Birdy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:31:16 AM |
|
- 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
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:32:26 AM |
|
- 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.
|
|
|
|
becoin
Legendary
Offline
Activity: 3431
Merit: 1233
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:32:30 AM |
|
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.
|
|
|
|
dave111223 (OP)
Legendary
Offline
Activity: 1190
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:34:22 AM |
|
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?
|
|
|
|
smscotten
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:35:01 AM |
|
On the plus side you can still mine...and send the bitcoins as gifts (within Thailand) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 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.
|
|
|
|
vokain
Legendary
Offline
Activity: 1834
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2013, 10:38:59 AM |
|
i like how they declare it outright illegal versus saying the money laundering via bitcoin is illegal
|
|
|
|
|