Former Thai Prime Minister Thaksin Suggests Setting Up Sandbox to Trial Bitcoin Payments in Phuket

According to Thai media Moneyandbanking, Thaksin Shinawatra, the former Prime Minister of Thailand, said at a seminar that Trump might repay US debt through Bitcoin. At the same time, he emphasized that this is not to encourage people to buy Bitcoin, but to remind people that this is a trend. There are currently multiple cryptocurrencies emerging, and some people say that in the future, there will be more types of currencies than the number of countries. The Thai people must keep up with the times and understand these changes. He also suggested that the Prime Minister could instruct the Ministry of Finance to study whether Bitcoin can be accepted in Thailand, for example, by piloting the use of Bitcoin in Phuket, allowing Bitcoin holders to make payments locally.