Myanmar Puns

TLDR : Myanmar(Burma) government in exile recognised Tether as an official currency to fight against Military Dictatorship

Fact Check : Link to the announcement [In Local Language, International media has not pick up the news yet so this is the only English post regarding this information]

Backstory : There was a coup in Myanmar(Burma) in February 2021. 99 percent of the national loathes the military. As of now there are two governments

1. The military regime (Holding power)
2. The exiled government (won the 2021 election, the cabinet members location unknown but rumoured to be in Thailand,Germany,US)Daily Fights going on - guerrilla warfare, daily protests, civil strike, tons of atrocities committed by the regimeTo read about the coup

Since the Military is in control, the junta has tight control over the banks and the internet. Everything is traceable so the government in exile has announced the news today to encourage people to start using USDT instead of the current official Myanmar Currency (KYAT).Link to the announcement

Translation of the official announcement below.

>Republic of the union of Myanmar
>
>National Unity Government
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>Ministry of Planning, Finance and Investment
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>Order Note (4/2021)
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>*[Burmese calendar]*** 1383 years, 8th Nat Daw Month
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>2021, December 11
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>[Title]*** USD Tether (USDT) officially recognised for usage within the nation
>
>1. In order to improve and accelerate the current trading and financial services, the following digital currency, a stable coin, now has been officially recognised for usage within the nation.
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>- USD Tether(USDT)
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>2. Thus declaring the order note (9/2020) released by the central bank of Myanmar as invalid.[Central bank is controlled by the military regime]***
>
>ByTin Htun NaingMinisterMinistry of Planning, Finance and Investment

The official Announcement In Burmese Language

Edit : Grammar, Translation, Spacing, Announcement Link

Many already know this, but I’m gonna say it nonetheless. Myanmar has TONS of potential. Some points:

1. Myanmar is nestled between China and India, two of the largest and most populous countries on earth. The opportunities for and from trade is massive.

2. Tourism. If it played catch up right, it could be at par with, even surpass, Thailand, Indonesia, and the Philippines.

3. Burmese Cuisine. Your food is awesome. When I go to hotels / restaurants, I mostly see Thai, Vietnamese, and French cuisine on the menu. It’s high time for Burmese food to take the spotlight. The route to take is mainstream media—do it like South Korea, hype it up and internationalize it.

4. Human Capital. Don’t underestimate HC. Look at SK. NK is richer than it in terms of natural resources, but SK is obviously by miles prosperous than NK. I believe the Myanmar peoples are smart and capable. You used to have one of the best education systems in SEA, now yours is one of the worst. If you could only bring back your former glory.

And don’t even get me started with Myanmar’s natural resources! All of the above said, I think Myanmar could be the richest SEA nation. Ofc, that is assuming state stability and cohesion.

But for now, I wish the Myanmar peoples the best in their democratic aspirations! Fight on!