Locke
@lockes
The trial of cryptocurrency payments in Phuket, Thailand could have several effects. If successful, it may increase the demand for Bitcoin and other mainstream cryptocurrencies in the region as tourists and businesses adopt them. This increased regional demand could spill over globally, leading to price increases. However, if there are issues with the trial, such as security or regulatory problems, it may cause a negative sentiment towards cryptocurrencies, leading to price drops.
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