Thailand considers issuing its own electronic currency

[Emilyearl]

This is a very good news for cryptocurrency space. If they succeed sure other countries will adopt the same measure and mass adoption of crypto will take effect before anyone knows. Other cou tries will soon join.

[Herbert2020]

there is a big hype going on starting from the day bitcoin was created but was intensified 10 times last year and as all these shitty ICOs raised a lot of money out of thin air and become rich by scamming people. now everyone wants to be a part of the blockchain technology revolution. from random individuals on the internet to the government and the banks.
El Petro in Venezuela raised a lot of money and the government is so happy about it so it is only logical to see others follow in their footsteps now.

hopefully this trend ends soon so we can get back to what really matters: creating a decentralized currency not fill-our-pocket-useless-token.

[Dondont]

this is a good development even though the current bitcoin condition is very unfavorable, imagine if it comes out along with a fairly stable bitcoin condition, it might be able to raise a bit of its value. but the Thai government must strive to make this decision not stop in the middle of the road

[Pamadar]

The bank of Thailand says that the use of electronic currency by the banking system will reduce the transaction processing time and the time of confirmation. As well as will reduce the cost of transaction.

If this can be usage in real process then they will benefits coming out from the chain, its really important that they fully understand how well and how easy to adopt the chain, and use it according to their needs, we do hope that more country will begin to understand and explore then we will see improvements from this field, crypto really intent to help and not just to benefits from new users, we should continue supporting those who take step choosing to use the blockchain and help the society.

[RaymondCrypto]

So its like Gold converting to Fiat.. But this time it would be Fiat converted to Digital Currencies. 1:1 ratio.. This mean easy to Trade Forex soon.

[Crgvictor]

Well, it is great news that Thailand is going issue their own electronic money. It proves that Thailand has gone one more steps towards the digital world. I hope it will make the country more economically strong and stable.

[keycellko]

A lot of countries are doing this. This is certainly a breakthrough for these countries. Embracing blockchain technology is good for a country. It only means thailand is up for advancement of technology. This will only promote blockchain to the people of thailand. The more they getbto know crypto the more wide our market will be which will be good for everyone.

[ovcijisir]

Thank you for sharing! I didn't know that and it is very interesting! Hope it will help to popularize cryptocurrencies.

[balu06]

Indochinese people are by far the largest contenders of ICO bounties and airdrops. Don't take this personal but usually they are a bit short on intelligence. But half of them can't even understand what you wrote.

[Jamesdila1]

Its a good move by thailand government. hope we can see lot more this type of things in future. but i doubt the demand for bitcoin will reduce by this type of things. Anyway its a positive thing for overall crypto space

[HarpeCharlotte]

Yes I think the bank of Thailand is right. The digital currency and blockchain technology has made the transaction so fast and easy. I think its high time that the mainstream bank too adopt this technology.   

[airflame2]

Stolen account. Airflame acocunt have been stolen look out !

Dont trade, talk or make some kind of business to this cunt.

More info here:
https://bitcointalk.org/index.php?topic=2347562.msg23913134#msg23913134

[blue08]

A lot of countries are doing this. This is certainly a breakthrough for these countries. Embracing blockchain technology is good for a country. It only means thailand is up for advancement of technology. This will only promote blockchain to the people of thailand. The more they getbto know crypto the more wide our market will be which will be good for everyone.

Indeed. As long as more country trying to adopt this innovation in blockchain as a medium of trading, it will open the mind of others and get their attention to also join the crypto world.

[losh11]

I conceive Thailand does not maintenance this force. I conceive Thailand's ten-strike assets is of elfin duration. Because Thailand's have agriculture is not exemplar. It is not like Japan.

[reggram]

The Bank of Thailand’s governor said in a speech yesterday that the Bank of Thailand is considering issuing its own electronic money, which is undoubtedly good news, which proves that the practicality of blockchain technology that has been recognized by more and more countries has begun. Accepted and applied, it also greatly promoted the development of the cryptocurrency market, bringing evangelism to cryptocurrency investors.

[abbywem]

I wonder if the people will flock to the Thiland currency or a coin like Bitcoin not owned by any of these governments that seems so keep on oppressing and killing us.  I really hope the people of the world reject government crypto. 

[dzelenyanskiy]

Who knows what happened to Venezuela's national crypto currency - Petro? Global financial institutions have not given it the opportunity to develop and now nobody even remembers it. The same fate awaits any other national crypto currency, including Thai, if one will created!

[Callanta787]

Yet another wonderful news ,we need that a lot in crypto world ,gradually and steadily cryptocurrency will take the lead over fiat ,if a country like Thailand can take this step then sooner or later ,others will joins.

[trungdlvn]

Thailand is an open country, and this is very good news.
My view point is Thailand government really know to do business, this change mean they support cryptos, that can attract the cryptos people from the cryptos-unfriendly countries to go there.

[docamvan1997]

Oh that's good project. They have a big vision. Why do our country have this vision? Thailand want to become a better country. They will complete their road map. Maybe they want to be a leader of ASEAN.