Pretty clear this Thailand story is bogus now.
But I wonder what effect it would have on prices if a country like USA decided to somehow impose a ban on Bitcoins?
Would it take a short dive and then bounce back, have a lasting impact, or make no noticeable difference to the value. Any thoughts?
how i see it. is this
in the US it is illegal to hunt animals.....
in the US it is illegal to wire transfer large amounts as a business on customers behalf.....
.... unless you have a licence.
i believe this is the first step towards thailand adopting the same bureaucracy of the western world. adding licences and regulation.
at the moment there are no licences for money transmission but they do ask what is the money being transmitted being used for, which there is a limited amount of purposes allowed. EG sending funds to family members. foreigners sending funds home. etc.