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Topic: Another good news for cryptocurrency in the Philippines - page 6. (Read 9888 times)

sr. member
Activity: 1050
Merit: 277
i havent ever heard about Iloilo properties. But any practical usage of bitcoin is a good new for all ecosystem. as long as sellers accept cryptıo currencies, natural demand to the currencies will increase.
jr. member
Activity: 490
Merit: 2
actually if the country wants to be open to studying crypto and the good crypto potential for the future, a country will be more advanced in terms of digital investment. I hope not only the Philippines, but other countries also follow it.
legendary
Activity: 1778
Merit: 1009
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I hope restaurants also adopt this kind of payment 'cause i really want to try it. I just want to put all of my money in the coins.ph, transfer some of it to the btc and hold. Filipinos is good at adopting the advanced technology, they've already implemented a lot of seminars about the hidden knowledge in blockchain. I'm proud of it and me as a student, I'm being innovative and conducting more research on how to expand the usage of bitcoin in the community.

I think it's a good start for people to accept this kind of method. If ever, i wanted to be a cryptocurrency enthusiast in some companies when they learn the process of accepting btc as a payment.
member
Activity: 616
Merit: 11
Always good to see demand for crypto currencies around the world. Real world usage is welcome for all kinds of transactions especially property which will be a big purchase
full member
Activity: 1489
Merit: 150
one by one the good news about cryptocurrency began to emerge. I am always happy when I hear news like this, that way, it means that bitcoin has begun to be accepted among the public, especially traders who start accepting payments through bitcoin. incessantly I hope that this news will bring a good trend to the market today.
Yes, I am also very happy if many countries begin to accept Bitcoin, because automatically the people of the world will increasingly know BItcoin and try to invest in it, so that it will affect the price of Bitcoin itself, hopefully.
hero member
Activity: 3052
Merit: 606
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
Another good news where Philippines keep on adopting cryptocurrencies. This kind of news will have big effect to the people in the Philippines who do not have cryptocurrecies or to the people who do not have knowledge about it. The big tendency is many companies will start to accept cryptocurrencies so maybe in the next year most of the companies will totally accept cryptocurrencies.
Yes.This is really a good start for crypto to establish trust among people in the Philippine arena.Hopefully after a successful transaction like this,more establishments will now accept bitcoin and even altcoins to purchase not just goods and services but also properties.
newbie
Activity: 18
Merit: 0
until there is full regulation, no good news will affect the market.
sr. member
Activity: 1274
Merit: 278
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
Another good news where Philippines keep on adopting cryptocurrencies. This kind of news will have big effect to the people in the Philippines who do not have cryptocurrecies or to the people who do not have knowledge about it. The big tendency is many companies will start to accept cryptocurrencies so maybe in the next year most of the companies will totally accept cryptocurrencies.
sr. member
Activity: 1120
Merit: 272
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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
Good to know that you can now buy and sell a property using cryptocurrency here in the Philippines because you don't need to convert it into real money for you to buy things that you need. Hoping that more businesses will start to accept cryptocurrency as payment.
member
Activity: 230
Merit: 10
That's a good move, though Philippines is small in terms of population and the area it is getting highly advanced through more and more such services benefiting the people. Another important thing, Philippines is the country having largest cryptocurrency users next to China and Japan. This will surely help with these kind of accepting bitcoin into businesses.
member
Activity: 548
Merit: 12
one by one the good news about cryptocurrency began to emerge. I am always happy when I hear news like this, that way, it means that bitcoin has begun to be accepted among the public, especially traders who start accepting payments through bitcoin. incessantly I hope that this news will bring a good trend to the market today.
full member
Activity: 728
Merit: 101
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The future is positive for cryptocurrency community, thou the technology still seems complicated for lots of  people, as development keep happening sure the adoption rate will be on the increase and beyond property, all transaction can be through blockchain/ CRYPTO Technology.
legendary
Activity: 3080
Merit: 1353
According to the article:

Quote
The owners of these properties are Jonha Richman, an advisor to global hyper-growth companies including the Litecoin Foundation, and James Richman, a private investor at JJRichman.

How those owners ended up in the Philippines in the first place? Very weird. Anyway, I don't know if there is someone from the Philippines, specially of all the places they wanted to buy is in the Iloilo. I'm not saying it's a bad decision, but if you wanted to attract attention in the crypto sphere and sell units, then it should be in Makati, or the corporate business district in the country. Well it is still a welcoming news, but I doubt if he can get serious buyers in Iloilo.
copper member
Activity: 85
Merit: 0
I have 3 houses in Iloilo, and this is the first time that I have stumbled upon this news. I have several doubts however on the way they'd be taxed for the proceeds and how would they present the sale for legal documentation. This is certainly not the first time that properties are being sold for bitcoin, and prior years have also shown that homeowners are really interested in taking in bitcoins as a form of payment for their properties. It would get interesting if markets and groceries in the Philippines will start accepting payments in crypto little by little, as it would surely be something worth noting and mentioning.

Buying a property through bitcoin is a bit complicated for me. Is it legal to buy properties without paying tax? How are they going to pay the tax? Will the Government allow them to sell and buy properties using bitcoin? Cryptocurrency in the Philippines is not legal, nor illegal. But, buying or selling a property is something that needs a proper and legal documentation. If the Government allows Filipinos to use bitcoin as mode of payment, well, that's really a good news for everybody.
sr. member
Activity: 882
Merit: 282
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
The owners really have a good reason for that and I am in really in support of this.  If you have a plan to invest the proceeds into a Cryptocoins investments there is no need of  selling the property in fait before thinking of converting to cryptocurrency again.  If cryptocurrencies is been patronize in Philippines it is  a great Thing and I think these people have a great foresight and that is why they are adopting cryptocurrencies.  Many good news has come out of Philippines and it is good we appreciate them.
member
Activity: 812
Merit: 11
Good decision , as crypto are still in a bearish status and you have more properties can be bought if bitcoin starts another bull run in the future your $250k in this moment can make million dollar in return once this market stat is finally over and the crypto hype is back very wise owner.
Well, considering that the market is in bearish trend it is an advantage for the homeowner to have crypto accepted because when the time Bitcoin starts to become bullish it would be a bunch of profit for his investment. I've seen other countries accepting cryptocurrency as a payment option for their lands or even a small island.
Exactly.This is really a good move for the owner.This idea will also promote cryptocurrency awareness on the people around especially for those who are not still aware about this.Once the market turns green again,it will definitely make the owner a millionaire especially if the price in the next months will become more expensive just like what most of the crypto fanatics are expecting.

If more bussiness sector can accept bitcoin as payment, i think its good for the price. People will learn about cryptocurrency and want to know how to invest. I am believe this is a good move for phillipines people
hero member
Activity: 3052
Merit: 606
Good decision , as crypto are still in a bearish status and you have more properties can be bought if bitcoin starts another bull run in the future your $250k in this moment can make million dollar in return once this market stat is finally over and the crypto hype is back very wise owner.
Well, considering that the market is in bearish trend it is an advantage for the homeowner to have crypto accepted because when the time Bitcoin starts to become bullish it would be a bunch of profit for his investment. I've seen other countries accepting cryptocurrency as a payment option for their lands or even a small island.
Exactly.This is really a good move for the owner.This idea will also promote cryptocurrency awareness on the people around especially for those who are not still aware about this.Once the market turns green again,it will definitely make the owner a millionaire especially if the price in the next months will become more expensive just like what most of the crypto fanatics are expecting.
sr. member
Activity: 2506
Merit: 368
Good decision , as crypto are still in a bearish status and you have more properties can be bought if bitcoin starts another bull run in the future your $250k in this moment can make million dollar in return once this market stat is finally over and the crypto hype is back very wise owner.
Well, considering that the market is in bearish trend it is an advantage for the homeowner to have crypto accepted because when the time Bitcoin starts to become bullish it would be a bunch of profit for his investment. I've seen other countries accepting cryptocurrency as a payment option for their lands or even a small island.
full member
Activity: 481
Merit: 100
It is good to hear that there are many improvement in the Philippines. Investors in the Philippines will become more attracted to cryptocurrencies because it can now use in buying properties.
hero member
Activity: 3024
Merit: 680
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Amazing news. I also heard the JP Morgan is looking forward to having their own cryptocurrency. Let's see how true the news is but anything positive is welcoming.
Yes they will create their own coin but it shouldn't be called as cryptocurrency.

The news about them is true --> https://www.cnbc.com/2019/02/13/jp-morgan-is-rolling-out-the-first-us-bank-backed-cryptocurrency-to-transform-payments--.html
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