In a game-changing proposal that could reshape Thailand’s economic future, Worawat Naknaodee, or Acme, the visionary CEO of fintech giant Bitnance, is calling on the Thai government to embrace Bitcoin as part of its international reserve fund. Acme, a pioneer in the cryptocurrencies, believes that Bitcoin is no longer just a digital currency, but a force poised to transform the global economy. With Bitcoin’s market value surging to unprecedented heights, Acme argues that now is the time for Thailand to position itself as a leader in the digital age.
“Bitcoin is more than a currency,” said Acme. “It is a revolutionary technology that can drive the future of finance, and Thailand has the potential to lead this charge.” His proposal is to integrate Bitcoin into Thailand’s reserves to enhance economic diversification, improve resilience against global volatility, and ultimately fuel the country’s digital economy. This strategic move could place Thailand at the forefront of blockchain technology and digital currency adoption in Southeast Asia.
A Visionary Leader with Global Impact
Acme’s journey into the world of Bitcoin began over a decade ago, back when Bitcoin was still a niche concept. Since 2012, he has not only been an avid investor but also one of the largest Bitcoin holders in Thailand. His commitment to the cryptocurrency ecosystem has shaped him into a true thought leader in the space. Acme’s efforts have spanned far beyond investment: he has built a global portfolio worth billions, with notable stakes in real estate, fintech, and service industries in the UAE, particularly in Dubai with a total investment value of over 300 million US dollars covering luxury real estate, service businesses and Fintech services in 2023.
According to Sources Acme owns over 11 000 Bitcoins.
In 2021, Acme solidified his place in the global fintech arena by launching ACT (ACET), a cryptocurrency coin that now boasts over 150,000 holders worldwide, with a total market value of more than $300 million USD. His extraordinary success is underscored by his global recognition, including an honorary doctorate in Finance from European International University, Paris—cementing his reputation as one of the top figures in financial technology.
Bitcoin’s Potential to Diversify and Secure Thailand’s Future
The call for Thailand to use Bitcoin as a reserve fund comes amidst a period of extraordinary growth for the cryptocurrency, with its value recently reaching a record high of $99,000 per Bitcoin. Acme envisions Bitcoin as an indispensable asset that can help Thailand diversify its financial reserves, improve economic stability, and lead the way in blockchain innovation. While the volatility and regulatory concerns surrounding Bitcoin are valid, Acme believes these obstacles are surmountable with proper education, infrastructure, and regulatory reform.
“Thailand stands at a crossroads,” Acme explained. “The future of money is digital, and Bitcoin is the key to unlocking the potential of a fully digital economy. By taking bold steps today, Thailand can lead the region and set the stage for long-term prosperity in the global digital economy.”
Pushing the Boundaries of Innovation and Giving Back to the Community
Acme’s influence extends beyond business. Known for his philanthropy, he has held two record-breaking Bitcoin giveaways, in 2017 and 2021, where he gifted a combined total of 16 Bitcoins (worth over 1.5 million USD at today’s prices) to fans, promoting cryptocurrency education and awareness. His commitment to sharing knowledge and empowering others has made him a household name in Thailand’s crypto community and beyond.
The Bold Path Forward
Acme’s proposal may seem daring, but it offers an opportunity for Thailand to embrace the future, tapping into the transformative power of Bitcoin and blockchain technology. As the world increasingly moves toward a digital-first economy, Thailand’s decision to integrate Bitcoin into its reserves could serve as a catalyst for long-term growth and innovation, attracting global investment and positioning the nation as a true leader in the digital era.
With leaders like Acme at the helm, Thailand has a chance to redefine its economic future and establish itself as a beacon of innovation in the ever-evolving world of digital finance. It’s time to think beyond the status quo, and Acme’s groundbreaking proposal is the first step toward making Thailand a leader in the digital economy of tomorrow.
The future of finance is here, and it’s digital. Thailand has a golden opportunity—will it seize it?
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Everest Market Insights journalist was involved in the writing and production of this article.
