'Digital island' in Thailand

 50 km southeast of Thailand, Koh Pha-ngan island is famous not only for its beauty, but also for

Koh Pha-ngan is home to about 12,000 indigenous people, but the cryptocurrency craze has tripled its population in just a few years, mostly Americans, Europeans and Russians. "There's no airport. Everyone starts the journey here by boat and it's quite exciting," said Edwin de Lepper, owner of Buddha Cafe, which specializes in serving cryptocurrency players.

At the end of 2021, when Covid-19 began to decline, Lepper noticed an increase in the number of crypto lovers flocking to the island. They gather at shops or offices for rent such as Tropicana, Sunset Hill Resort, Signature Restaurant and High Life Resort. In it, there are many influential figures in this field, such as MMCrypto with 948,000 followers on Twitter or James Crypto Guru with 74,000 YouTube channel subscribers.

"A lot of people come here and tell me they're developing cryptocurrency or building a crypto project," Lepper said. "Even if they don't say it, I can clearly see that there are a lot of 'whales' on the island."
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