💥Former Prime Minister Calls on Thailand to Embrace Bitcoin and Stablecoin

While the FED rejects Bitcoin, former Thai Prime Minister Thaksin Shinawatra urges Thailand to quickly adapt to the cryptocurrency trends such as Bitcoin and stablecoin to boost economic growth.

He proposed accepting Bitcoin at popular tourist destinations like Phuket and Hua Hin to attract visitors, while also recommending the government issue stablecoins backed by bonds to increase the money supply without printing more paper money.

Thaksin warned that Thailand needs to prepare for the possibility of Donald Trump being re-elected as President of the United States, which could put trade pressure on the economy. He also predicted that Bitcoin could become a tool for national debt payment, leading to significant changes in global currency.

Additionally, he expressed concerns about high electricity prices and suggested reconsidering the VAT increase to 15%, in order to alleviate the burden on the people and support businesses to reinvest.