Mining for digital gold in Thailand

“Bitcoin can be compared with voice-over-IP or internet telephone in the last decade. The technologies were first deemed illegal since there was no law supporting them.  Surangkana Wayuparb, director of the Electronic Transactions Development Agency (ETDA) under the Information and Communication Technology Ministry, said the agency will study the business model of Bitcoin, as well as possible regulations and public awareness of this digital currency since the central bank said the issue was not within its authority. Don Sambandaraksa said the decision by the central bank to ban trading of Bitcoins in and out of the country while still allows Bitcoin mining doesn’t make any sense.”

http://www.bangkokpost.com/business/finance/369905/mining-for-digital-gold

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