Thailand government seeks measures to tackle the problems of illegal gambling.

[boyptc]

Things are probably going to get worse from now on, there was a time in which money was allowed to move more freely and obviously this allowed those with that money to move to a new country with relatively ease but since then many measures have been taken, but now that something like bitcoin exists immigration is going to be even more difficult as governments will see on every single person a potential threat as they do not know how much money that person can access, so most likely from now on a complete reveal of your finances will be necessary if you want to relocate to another country.

There are countries that would look for your finance capability if you are going to migrate but I do not think that you have to fully declare what you have.

Especially if you are going to downgrade from first country to a lower one.

But anyway, the discussion is just about Thailand's regulation towards illegal gambling.

[1714751477]

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[1714751477]

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[pilosopotasyo]

I came across this news where the government of Thailand is looking to get a sub committee ready to tackle the illegal gambling in the country.

They do believe that these gambling sites are the ones spreading the COVID more.
 

They are not the only ones, gambling is addictive it's like smoking addiction where the withdrawal is the hardest to endure, these gamblers will always find a way to gamble even if there is a restriction and on a remote place, the promoters will try to find a place where gamblers will meet top gamble because there is profit to be made from these gamblers, so it's not only Thailand it's the problem of many countries and will continue to be a problem as long as there are restrictions.

[BITCOIN4X]

They are not the only ones, gambling is addictive it's like smoking addiction where the withdrawal is the hardest to endure, these gamblers will always find a way to gamble even if there is a restriction and on a remote place, the promoters will try to find a place where gamblers will meet top gamble because there is profit to be made from these gamblers, so it's not only Thailand it's the problem of many countries and will continue to be a problem as long as there are restrictions.

Gambling is a game that is prohibited in many countries. The main reason why this country prohibit gambling is the negative impact of gambling which is difficult to control. Gambling addiction has caused the gambler more problems than he got it. Countries that legalize gambling can make a lot of profit through taxes, but if the government fails to prohibit gambler from using limited amount of money then compulsive gambling will continue to increase.

The taxes generated from gambling have helped cash flow into the state, but the government should also be held accountable for enacting regulation that allow gambler not to spend too much money in casino over a period of time. I like the idea, but until now my gambling activity still has to be done in secret in my country because it is prohibited.

[Sithara007]

Things are probably going to get worse from now on, there was a time in which money was allowed to move more freely and obviously this allowed those with that money to move to a new country with relatively ease but since then many measures have been taken, but now that something like bitcoin exists immigration is going to be even more difficult as governments will see on every single person a potential threat as they do not know how much money that person can access, so most likely from now on a complete reveal of your finances will be necessary if you want to relocate to another country.

Before granting citizenship, there is a thorough background check on the individual and he has to provide details about the last 5-10 years of earnings. I don't think that there should be any issue in case the individual mentions that he received most of his wealth from investment in cryptocurrency, because it is perfectly legal around the world. And in 2014, Roger Ver even paid for his St.Kitts citizenship in the form of Bitcoins (later he attained citizenship from Antigua and Barbuda as well).