Thailand ban using crypto for payments

[19Nov16]

Thailand is a big country which according to data is estimated to be more than 10 million active users or about 18% in thailand, of course the government sees crypto as a dangerous thing with good growth so that by being banned the government can suppress the number of users, but i hope being banned is not the end of cryptocurrencies in Thailand.

[boty]

Thailand is a big country which according to data is estimated to be more than 10 million active users or about 18% in thailand, of course the government sees crypto as a dangerous thing with good growth so that by being banned the government can suppress the number of users, but i hope being banned is not the end of cryptocurrencies in Thailand.

thailand will end this banning soon while they know how bigger this market potency. from tax it could contribute to their national income , maybe if they attract around 3 to 5% i am believe it give huge number. alot countries around the world start bitcoin legal tender due its potency , it could also create alot online job which is could drive their national income.

[Alert31]

It is estimated that over 3.6 million people, 5.2% of Thailand total population currently own cryptocurrency. If Thailand government still allow people there to use crypto in trading and investment then just exchange to thai baht before using it to any transaction on their country, I think it doesn't have any negative impact on crypto because in my understanding Thailand will be banned cryptocurrency just as payment method.

[Agbe]

Many Countries have banned crypto Currency before and later they unbanned it. So Thailand will not be an exceptional. But well educated authorities or presidents will never banned Crypto Currency but will look for a way to sustain it to support the fiat economy grow fast. Because most of the youths are now using crypto currencies more than the fiat currencies. Therefore, any country that is banning crypto currency in his country does not love his youths and doesn't want the youths to grow financially. If Thailand does not stop the ban on Crypto Currency, the economy of the country will collapse Because the youths will travel to another Countries to do their transactions instead of doing it in their Countries. And one thing you have to know is that, no authority can stop the uses of crypto Currencies. Some Countries have tried to banned it but now for them. The more they banned it the more the youths used it. And I also believe that Thailand will end up like it counterparts by creating it's own E-Currency.

My prayer is that let BTC price should increase speedly