Just wondering how many folks on here read this?

 

It paints a pretty interesting picture of a country gearing up for a huge change in its finances.

 

It asks a great question though. Are people here ready for the major changes coming to Thailand?

It seems most are not.

https://open.substack.com/pub/tomtuohy/p/thailands-cryptocurrency-boom-a-retirees?r=1uvlf&utm_campaign=post&utm_medium=web

Good thing Tom Toughy used AI to rewrite the article otherwise it would be even more useless and confusing as it is now.

Realy? I thought the article made made some good points. What if this technology comes so quickly that nobody’s very ready for it? As an old crusty myself, I can remember when the Internet came and nobody was really ready for that. It took a long time before people got used to knowing how to send email and things like that. This will be similar but will affect money transfer, not just sending data.

It's all nonsense, sit back and watch little to no change.

Things may change over decades but not a few years and Thailand definitely won't be leading the way.

Thailand Approves Five Year Bitcoin And Crypto Tax Break 

 

https://www.nasdaq.com/articles/thailand-approves-five-year-bitcoin-and-crypto-tax-break#:~:text=Thailand has approved a five,%2C through December 31%2C 2029.

Thailand will exempt capital gains tax on crypto profits made through licensed platforms from 2025 to 2029, with a goal to attract global investment and support the country’s digital economy.

14 minutes ago, mark5335 said:

Thailand will exempt capital gains tax on crypto profits made through licensed platforms from 2025 to 2029, with a goal to attract global investment and support the country’s digital economy.

That's huge. Thailand is the new tax heaven.

Thailand the new tax haven, Hub.