to the boom of digital currency

Thai Rath Edition

12 Dec 2021 5:20 a.m.

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During this period, our home is a trend of digital assets or cryptocurrencies.

have been talked about a lot

because of the acceptance of digital assets in various business circles

began to expand

It is like a type of currency that can be used to pay for goods and services even if the debt cannot be legally settled.

In the world of advanced technology

Digital assets are developed from digital data units that are created to be intermediaries with blockchain technology.

By means of computer encryption for security but cannot be modified, 'bitcoin' is a digital asset that reflects the success of this technology.

When there is a huge demand, but the number of bitcoins is limited, the added value is so high that there is a trend of speculation that creates wealth for many new generations.

Until now, the value of 1 bitcoin has soared almost 2 million baht.

Nowadays, new digital assets or cryptocurrencies are emerging every day with the emergence of many new investors moving their investments from the stock market.

Invest in this market because you can see quick returns.

But it has a very high volatility.

In our country in the past, investments are limited to the young generation who are knowledgeable in technology and investment between the ages of 20-30, who are wealthy from investing in large amounts of cryptocurrencies.

And it is known as the New Wealth or the new generation of wealthy people from Bitcoin and other cryptocurrencies.

Most of these New Wealth groups do not have credit cards.

and not interested in doing it

holding digital money

But consumption behavior is being watched and is the goal of various business operators.

have high purchasing power

dare to spend money

Live in luxury, like brand-name sports cars.

SCBx has made a joint venture with Bitkub, a digital asset trading center service provider, to lay a foothold in the financial world of the future.

has urged Thai people to study and invest in a large number of digital assets

By the numbers of Bitkub, there are more than 3 million people who are interested in applying for trading accounts and more than 1.2 million regular trading accounts, each day trading volume is up to 25 billion baht.

while various business operators

Different halo advertising openly open for payment of goods and services.

Although it is known to be a legal settlement currency

But it has value and will increase the sales of their products.

Therefore, the Office of the Securities and Exchange Commission

The capital market supervisors have to warn them to be cautious about their investments and threaten to take action against the group's behavior.

Price manipulation and ready to discuss with relevant people to enact laws to take care of

Meanwhile, the Bank of Thailand has warned that it does not support the use of cryptocurrencies for trading because it fears it will affect the stability of the domestic financial system.

Although the technology is too advanced to keep up, the emergence of government agencies has helped to reduce the volatility in the digital asset exchange market, especially the coins issued by Thai people.

And entrepreneurs are starting to realize that the Bank of Thailand is watching.

The way of digital assets is not yet known what the future holds.

Because there is still a cutting-edge technology that is being developed further, “quantum computers” have been mentioned to replace blockchain or digital assets in the future.

But there is a reason that "Bitcoin" still has a long way to go because quantum has not yet been able to undermine it.

which no one knows where in the future it will reach

But what will happen in our home society, we will see that digital assets will be used more widely in the future. Will pay in baht or digital money, which is convenient to pay, as you wish.

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