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Thaksin Shinawatra anticipates Bitcoin’s potential to reach 850,000 USD

Thaksin encourages cryptocurrency awareness: During a lecture on December 13, 2024, Thaksin Shinawatra urged Thai citizens to understand cryptocurrency’s significance, suggesting an imminent surge in digital currencies could outnumber nations—a transformative trend for Thailand’s economy.

Thai stablecoin pilot program announced: Thaksin revealed that the current Thai Prime Minister is initiating a stablecoin pilot in Phuket to facilitate Bitcoin payments. This innovative approach aims to promote liquidity without exacerbating Thailand’s public debt, enhancing economic resilience.

Thailand’s economic outlook remains cautious: Thaksin projected Thailand’s GDP growth to be 3.5% in 2025 and 4.0% in 2026. He highlighted economic challenges, such as limited money supply and fragile lending practices, emphasizing the urgency for strategies that stimulate growth without increasing debt.

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