The exchange rates and logos of Bitcoin (BTH), Ether (ETH), Litecoin (LTC) and Monero (XMR) are seen on the display of a cryptocurrency ATM of blockchain payment service provider Bity at the House of Satoshi bitcoin and blockchain shop in Zurich on Friday. (Reuters photo)
The adoption of Bitcoin and other cryptocurrencies as a payment method for goods and services is gradually gaining traction among real-world entrepreneurs despite the inherent price volatility, including a recent dip.
Bitcoin plunged to about half its peak value of over 2 million baht in mid-April.
Thailand is experiencing a transition as businesses seek to leverage this new technology to increase sales and attract enthusiasts, while potentially gathering assets that have the potential to explode in value.
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