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.
The Bitcoin scaling debate affects some businesses more than others, but few real-world businesses have the volume to watch Bitcoin’s momentum react to it like the tourist hotspot, the Pattaya Beer Garden. Bitcoin.com discussed adoption trends in Thailand with Peter Noid, the proprietor of this large and popular restaurant and bar located in the Southern city ... Pattaya Beer Garden in the news. The Nation newspaper ran a feature on the beer garden in their Saturday supplement. Click here to read it. Pattaya People ran a story and review. You can read it here. Watch the PBG video "Having a good time", here. Reservations. Please Note: We do not take reservations. We can usually seat all diners immediately. Occasionally you may be asked to wait at the ... 118/4 Beach Rd, Muang Pattaya, Bang Lamung District, Chon Buri 20260, Thailand 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 ...
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This video is unavailable. Watch Queue Queue. Watch Queue Queue 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... Please help my channel with a Donation to help me travel and take you to other areas around Thailand, Please click link to Donate ! https://www.paypal.me/abe... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. 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...