Bitten by the bitcoin bug

lead-in: photo: 123rf

Atit Lertkiatpanit does not carry bundles of banknotes, but his wealth is assured by his digital wallet. The 26-year-old entrepreneur is an active cryptocurrency investor. He remains unfazed by the fact that bitcoins are not recognised by the Bank of Thailand. He started collecting bitcoins a couple of years ago and the intangible currency now accounts for 70% of his portfolio.

"When I first bought them two or three years ago, one unit was only around 9,000 baht, but now it's about 40,000 baht," Mr Atit told Spectrum in an interview last month.

"I do not plan to sell them soon. I think the price will rise further. If I sell them now, I may not be able to buy them at a low price again."

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