In 2013, the Thai central bank declared the use of bitcoin illegal in Thailand, but changed its opinion in early 2014 to make it not illegal.
Buying bitcoin in Thailand and then selling it outside the country was still strictly prohibited, Noid explained.
"On any day you could easily find visitors from 25 different countries at the Pattaya Beer Garden." This makes the establishment one of the few places where one can watch global Bitcoin adoption trends in the wild on a daily basis.
In his view, the current impasse in the scaling debate is the culprit that is "Doing immense harm" to Bitcoin adoption.
Noid fully understands that Bitcoin "Cannot scale on chain to Visa/Mastercard levels," and contemplated "Second layer solutions may well be the answer or any other of the myriad proposals." However, he made his stance clear that Bitcoin needs a quick fix in the meantime.
Right here at the coal face of Bitcoin acceptance I can feel the momentum Bitcoin once had slipping away.
118/4 Beach Rd, Muang Pattaya, Bang Lamung District, Chon Buri 20260, Thailand This Sunday between 3-5pm Pattaya Pete, owner of the Pattaya Beer Garden, will be giving away 100 baht worth of Bitcoin at This bar, to anyone who asks.He’ll be sitting at the first inside table with a “Free Bitcoin Here” sign. You can immediately spend the bitcoin at the bar or keep them as you wish. The central bank of Thailand criminalised Bitcoin in 2013, quickly changing its mind in 2014. Following the decision, Pattaya Beer Garden, a popular bar and restaurant in tourist-friendly Pattaya, began processing Bitcoin payments. In an interview with bitcoin.com, Peter Noid said: r/Bitcoin: A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. r/Bitcoin. log in sign up. User account menu. 114. Paying with bitcoin at Pattaya Beer Garden, Thailand! Close. 114. Posted by u/[deleted] 5 years ago ... Pattaya Beer Garden is a local bar located on the seashore in Pattaya. It offers different meals and drinks and accepts Bitcoin Cash in payment for all services.
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The Pattaya Beer Garden is one of the most well known restaurants in this lively beach town. So many Youtube vloggers have done this one, but, it's still wor... Welcome to my new video diary of my experiences exploring the culture and experiences on my travels around the world including beautiful Asia and other most ... Please help my channel to grow with a Donation to help me travel and take you to other areas around Thailand, Please click link to Donate ! https://www.paypa... Most notorious street in Pattaya and probably in whole Thailand is SOI 6. Most of the bars start operating from noon to 1pm. Now in low season there are tone... Join me while I chill on a bar stool at one of THE BEST restaurants in the world. If you are thinking about traveling to Thailand, NOW is the perfect time to...