Another good news for cryptocurrency in the Philippines - page 3.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Quote from: mamesso on June 25, 2019, 06:54:42 PM

Quote from: Kimonoe on June 25, 2019, 08:49:48 AM

Quote from: guoyu78 on June 25, 2019, 02:06:20 AM

Quote from: Lawrenzoo on June 18, 2019, 01:52:13 AM

Quote from: Finestream on June 17, 2019, 06:31:15 PM

Quote from: Hemady17 on June 17, 2019, 05:47:08 PM

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

People are being secretive about their cryptocurrency trading and usage because they still not gotten government backup, and we really don’t need this secrecy if we are to really allow this news to spread worldwide, but the issue of getting full government backup is what I am not sure we will ever get, because the system of crypto does not work in favor of them that much, and I even learnt that India being one of the largest country with largest population is already planning to place a ban on it, so this secrecy will still continue.

But it’s a good thing that Philippines are beginning to consider it, and I believe that we may gradually start getting adoption from smaller countries.

even from the news that I read, in India will get a punishment for those who have a cryptocurrency, but different things are done in the Philippines, which clearly the Philippines wants to follow in the footsteps of developed countries that have legalized it first

Every country has different rules and policies. very sorry to hear news from India, but in other countries crypto began to get attention. Philippines, one of the countries in Southeast Asia that has the principle of openness, I think every country must adopt this principle in various ways including finance.

Precisely, Philippines is very acknowledgeable for every opportunity that exceed. Perhaps, bitcoin has a promising platform that should be grab on and easy to adopt for the open countries. And I think many country has take it licitly and adopt widely open due of its high recommendation.

mamesso

hero member

Activity: 2114

Merit: 740

Leading Crypto Sports Betting & Casino Platform

Quote from: Kimonoe on June 25, 2019, 08:49:48 AM

Quote from: guoyu78 on June 25, 2019, 02:06:20 AM

Quote from: Lawrenzoo on June 18, 2019, 01:52:13 AM

Quote from: Finestream on June 17, 2019, 06:31:15 PM

Quote from: Hemady17 on June 17, 2019, 05:47:08 PM

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

People are being secretive about their cryptocurrency trading and usage because they still not gotten government backup, and we really don’t need this secrecy if we are to really allow this news to spread worldwide, but the issue of getting full government backup is what I am not sure we will ever get, because the system of crypto does not work in favor of them that much, and I even learnt that India being one of the largest country with largest population is already planning to place a ban on it, so this secrecy will still continue.

But it’s a good thing that Philippines are beginning to consider it, and I believe that we may gradually start getting adoption from smaller countries.

even from the news that I read, in India will get a punishment for those who have a cryptocurrency, but different things are done in the Philippines, which clearly the Philippines wants to follow in the footsteps of developed countries that have legalized it first

Every country has different rules and policies. very sorry to hear news from India, but in other countries crypto began to get attention. Philippines, one of the countries in Southeast Asia that has the principle of openness, I think every country must adopt this principle in various ways including finance.

jhonjhon

full member

Activity: 1316

Merit: 126

Quote from: joshy23 on June 21, 2019, 03:24:27 AM

Quote from: target on June 21, 2019, 03:02:36 AM

Be careful when buying properties in the Philippines, there unscrupulous brokers who sells a property that has been sold already to someone else and they do it multiple times particularly to those houses that isn't ready yet for occupation. They had been doing this since properties in the Philippines aren't put to escrow unlike in US where mortgage payment are being escrowed.

Good point, it should also be consider that since bitcoin transactions doesn't have any supporting documents everything will be between buyers and
owners it''s best to have a decent escrow to hold the assets first before closing any deals if you are really aiming to proceed using your bitcoin.

Agree, scam brokers may take advantage of this so that they will not be easily traced, I guess having an escrow is better to atleast add security to your assets. It is good that the Philippines is friendly to crypto unlike other countries, hopefully it will increase as the time goes by.

Kimonoe

member

Activity: 700

Merit: 10

Quote from: guoyu78 on June 25, 2019, 02:06:20 AM

Quote from: Lawrenzoo on June 18, 2019, 01:52:13 AM

Quote from: Finestream on June 17, 2019, 06:31:15 PM

Quote from: Hemady17 on June 17, 2019, 05:47:08 PM

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

People are being secretive about their cryptocurrency trading and usage because they still not gotten government backup, and we really don’t need this secrecy if we are to really allow this news to spread worldwide, but the issue of getting full government backup is what I am not sure we will ever get, because the system of crypto does not work in favor of them that much, and I even learnt that India being one of the largest country with largest population is already planning to place a ban on it, so this secrecy will still continue.

But it’s a good thing that Philippines are beginning to consider it, and I believe that we may gradually start getting adoption from smaller countries.

even from the news that I read, in India will get a punishment for those who have a cryptocurrency, but different things are done in the Philippines, which clearly the Philippines wants to follow in the footsteps of developed countries that have legalized it first

guoyu78

hero member

Activity: 1190

Merit: 541

Quote from: Lawrenzoo on June 18, 2019, 01:52:13 AM

Quote from: Finestream on June 17, 2019, 06:31:15 PM

Quote from: Hemady17 on June 17, 2019, 05:47:08 PM

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

People are being secretive about their cryptocurrency trading and usage because they still not gotten government backup, and we really don’t need this secrecy if we are to really allow this news to spread worldwide, but the issue of getting full government backup is what I am not sure we will ever get, because the system of crypto does not work in favor of them that much, and I even learnt that India being one of the largest country with largest population is already planning to place a ban on it, so this secrecy will still continue.

But it’s a good thing that Philippines are beginning to consider it, and I believe that we may gradually start getting adoption from smaller countries.

joshy23

sr. member

Activity: 1078

Merit: 256

Quote from: target on June 21, 2019, 03:02:36 AM

Be careful when buying properties in the Philippines, there unscrupulous brokers who sells a property that has been sold already to someone else and they do it multiple times particularly to those houses that isn't ready yet for occupation. They had been doing this since properties in the Philippines aren't put to escrow unlike in US where mortgage payment are being escrowed.

Good point, it should also be consider that since bitcoin transactions doesn't have any supporting documents everything will be between buyers and
owners it''s best to have a decent escrow to hold the assets first before closing any deals if you are really aiming to proceed using your bitcoin.

target

legendary

Activity: 2282

Merit: 1041

Be careful when buying properties in the Philippines, there unscrupulous brokers who sells a property that has been sold already to someone else and they do it multiple times particularly to those houses that isn't ready yet for occupation. They had been doing this since properties in the Philippines aren't put to escrow unlike in US where mortgage payment are being escrowed.

KEPLER99

full member

Activity: 448

Merit: 101

Quote from: Unblock_news on February 17, 2019, 11:42:30 PM

Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment

Everyone just wants a take on cryptocurrency, they are hoping that the price would go up so that their companies can hit huge amounts of money. I have been making use of cryptocurrency for a very long time now and the last thing that ever crossed my mind was buying anything with cryptocurrency. I have never tried such a thing before, I only use cryptocurrency as an investment and that's all I do with it and nothing else. If I feel like I want to make use of the money I have in my crypto wallet, whether there are services accepting crypto for what I need or not, I don't think of that. I just withdraw my money and use it for what I want and that is it.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Cryptocurrency is gaining ground in the Philippines. There is this card called Pensionado and it is hosted by LoyalCoin and it gives rewards to its users. It was recently launched and so far thousand of cards has been given away and they are active, not just another card that sleeps in your card wallet. This is a good way of promoting Cryptocurrency, show them or give them the benefits of using it.

otong

sr. member

Activity: 798

Merit: 251

Quote from: andieoke on June 19, 2019, 08:57:10 AM

I have long heard that the Philippines is a country that is friendly to cryptocurrency, therefore many companies or stores accept Bitcoin as a means of payment. And rightly the comments above, if this country does not accept Cryptocurrency as a legitimate payment instrument, then accepting Bitcoin as a means of payment for property will cause a big problem for a store or company in the future.

all possibilities are possible and no one can know for sure if all countries accept crypto currency as a legitimate payment system of course the government will make things go well I believe it

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: aioc on June 15, 2019, 06:08:08 AM

Quote from: Unblock_news on February 17, 2019, 11:42:30 PM

Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment

Iloilo is a province in the Philippines, we have a lot of people in the provinces that are cryptocurrency supporters so this is not surprising, as long as it is done in accordance with the law, although here in the Philippines we still don't have a marketplace for real estate that caters to cryptocurrency supporters.

It is not only in Philippines that we don’t get to hear of real estate investment as regards crypto, I have never seen any project too generally that is geared towards real estate using crypto, most of the real estate projects I have seen raising ICO has been purely scam, and real estate is another area that will boost the development of cryptocurrency if the managers can put crypto adoption into consideration.

It is amazing that cryptocurrency is beginning to be considered fully as means of payment by great companies like that one of Philippine and I know that with time, a lot of business men and women will also do same as those property owners did in Philippine.

costanos02

jr. member

Activity: 518

Merit: 6

Great decision, if i were the land owner I will do the same decisions, he/she knows how to earned money will, because he/she knows that the bull run is yet to come as part of strategy it is really good if you hold bitcoin while it still in lower price, and wait for the bull run and your money might be double or triple.

andieoke

copper member

Activity: 301

Merit: 2

I have long heard that the Philippines is a country that is friendly to cryptocurrency, therefore many companies or stores accept Bitcoin as a means of payment. And rightly the comments above, if this country does not accept Cryptocurrency as a legitimate payment instrument, then accepting Bitcoin as a means of payment for property will cause a big problem for a store or company in the future.

Dontme

sr. member

Activity: 798

Merit: 255

Quote from: Unblock_news on February 17, 2019, 11:42:30 PM

Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment

Many companies and big names are already investing and using cryptocurrency here in the Philippines so this news is likely to happen now and there will be more because the adoption of cryptocurrency is getting better day by day.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Lumi3004 on June 18, 2019, 12:13:58 PM

I am sure that for the future of Asia, the Philippines will be a very lucky crypto for its people, for me this is a good example for other countries of the Philippines.
I also saw news about the exchange in Philippines, this would be very good news for Asia.
news: https://news.bitcoin.com/philippines-approved-cryptocurrency-exchanges/

It's good to hear that Philippines is very supported of crypto and it's government really understand that crypto is not a bad thing specially for Philippines. And since there's only one exchange that really caters for Filipinos which is coins.ph, it will be nice to see other exchanges born and enter the scene to provide not just for Filipinos but in Asia as well. And I do hope that the government will continue it's support !!!

syamster

hero member

Activity: 1078

Merit: 501

Quote from: Lawrenzoo on June 18, 2019, 01:52:13 AM

Quote from: Finestream on June 17, 2019, 06:31:15 PM

Quote from: Hemady17 on June 17, 2019, 05:47:08 PM

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

This is not big deal but we should look at hug opportunities we are getting with bitcoin, not only in Philippines but all over the world. If they made it more secure with new technologies it is good, but before that it was having good name, I am sure now bitcoin will improve the economical state of Philippines even more;.

Lumi3004

jr. member

Activity: 462

Merit: 2

I am sure that for the future of Asia, the Philippines will be a very lucky crypto for its people, for me this is a good example for other countries of the Philippines.
I also saw news about the exchange in Philippines, this would be very good news for Asia.
news: https://news.bitcoin.com/philippines-approved-cryptocurrency-exchanges/

guoyu78

hero member

Activity: 1190

Merit: 541

We know right now that Japan is a crypto friendly country, also Philippines and also USA is a friendly one too even though their regulations are very tough right now. These are the ones we know, I think Ukraine was friendly too but something happened and I don't know their last position. We know china banned many things related to crypto like ICO and mining as well.

So, at the end of the day we have countries both liking bitcoin and hating bitcoin as well and countries will watch them closely, they will watch and see what happens to them and depending on results they will decide themselves as well. It is going to be very very important for all of us that live in the friendly countries to pay their taxes properly and do whatever they can and make it a great thing so others will follow.

congresowoman

full member

Activity: 448

Merit: 103

This is merely a small fraction of transaction compared to everyday trade that poeple would want to see before they start investing in cryptocurrency. Yes, this is a good news that poeple are actually making steps to make bitcoin known, but we still lack consistency on how we campaign this kind I do hope that in the coming years, Bitcoin will be used almost in all transactions like the fiat is now.

Lawrenzoo

jr. member

Activity: 378

Merit: 2

Quote from: Finestream on June 17, 2019, 06:31:15 PM

Quote from: Hemady17 on June 17, 2019, 05:47:08 PM

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

Topic: Another good news for cryptocurrency in the Philippines - page 3. (Read 9862 times)