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Thailand Investigates Bitcoin Payments to Boost Economy and Tourism

Thailand explores Bitcoin payments: Thaksin Shinawatra disclosed that the Thai government is assessing Bitcoin’s legal use for payments to enhance the economy. His daughter, Yingluck, directed trials in popular tourist regions like Phuket to evaluate Bitcoin’s role in the financial system.

Optimistic projections for Bitcoin’s value: Thaksin anticipates Bitcoin prices could soar to 850,000 USD. Stablecoins backed by government bonds are also being explored to ensure liquidity, aiming for a GDP growth of 3.5% by next year without increasing national debt.

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