Amidst his contention for Prime Minister, the Thailand Opposition leader has promised a $300 (10,000 Thai Baht) crypto airdrop per citizen. Moreover, candidate Srettha Thavisin has made the claim ahead of the general elections for the position taking place in May.
The Bangkok Post reported Thavisin’s promise during his ongoing candidacy for election to be prime minister. Conversely, he has championed the idea of an economic stimulus in the form of digital currency to aid citizens’ debt. Subsequently drawing criticism from some, and praise from others.
Thailand Prime Minister Candidate Promises Crypto Airdrop
According to reports, the Thailand Opposition leader, Srettha Thavisin, has promised a $300 crypto airdrop per citizen if he was to be elected Prime Minister. Moreover, the Pheu Thai party could enact the promises of basic income if he wins the next general election set in May.
Thavisin has stated that the effort is devised to bring debt relief to the people of Thailand. Subsequently, they maintain some of the highest household debt in the region, with Thavisin setting to procure some sort of assistance. Thus, leading to his promise of the airdrop.
“Our country has been economically bruised over the last eight years, with less income and more expenses for the people,” Bloomberg reported from Thavisin. “The current government has been feeding IV drips with small money handouts. That’s not the right way and doesn’t stimulate the appropriate and right economic growth.”
Conversely, the Bank of Thailand declared Thai baht stablecoins to be illegal, which has led many to question which digital currency could be used in the airdrop. Additionally, the Bangkok Post reported a minister in the prime minister’s office, Thanakorn Wangboonkongchana’s perspective on the promise. Subsequently, he stated the proposal could have “major implications,” for the country financially.