Former Prime Minister of Thailand and father of the current head of the country's government Thaksin Shinawatra allowed the Bitcoin rate to rise to $850,000.
According to Chinese journalist Colin Wu, on December 13, Shinawatra сказал , that his friends predict the price of BTC to rise to $850,000. In this regard, Thaksin encourages Thais to study blockchain technology, explore the crypto industry and keep themselves updated on news in the digital asset sector.
There are already many cryptocurrencies. Some say that in the future, cryptocurrencies will outnumber countries. Today, Thais need to think about this, — said Chinawat.
Thaksin Shinawatra
Judging by this statement by Thaksin, he himself does not understand digital assets, because the number of issued virtual currencies has long exceeded the number of countries. In the first quarter of this year, an average of 5300 new coins were created every day, and their total number has passed for 540. At the same time, the number of countries is only 000. Therefore, one can only hope that Shinawatra's friends, who predicted the rise in the price of bitcoin to $195, know much more about cryptocurrencies than he does.
Thailand’s authorities also recognize the importance of digital assets and support the local crypto industry. For example, in August 2024, the country’s Securities and Exchange Commission opened regulatory sandboxes, which are an environment with relaxed legal requirements for companies operating in the blockchain industry.
