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Topic: Another good news for cryptocurrency in the Philippines - page 7. (Read 9867 times)

hero member
Activity: 2492
Merit: 542
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.
hero member
Activity: 2926
Merit: 722
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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.
Don't bother yourself with that JP morgan coin because it has nothing to do or to compare with BTC.

On topic,its good to see these kind of news about accepting crypto on selling our their assets.This proves out that there are people who are really confident on adopting crypto not
only on its benefits but also as a currency.
full member
Activity: 700
Merit: 117
Now many kababayan`s know that crypto is very useful not only in online but some in some business , and i see that many bank in the philippines are accepting crypto as a mode of payments and that is the really big news to us.
We are moving headed for a new system and it is quite good that crypto adoption will be very entertaining to the Filipino's.
Banks are into it and they should keep working as it may happens that crypto will be a threat for their business. And with that,  there is no reason to adopt the system and follow the wants of the people.
full member
Activity: 742
Merit: 144
Now many kababayan`s know that crypto is very useful not only in online but some in some business , and i see that many bank in the philippines are accepting crypto as a mode of payments and that is the really big news to us.
It will become more big soon, but for now we must wait for the regulations since our government are too strict right now and they can take this market down, hopefully it wont happen. Buying properties using your bitcoin is always a costly investment, because we know the history of most expensive pizza so try to analyze the market first before you used your bitcoin because those property companies will earn more if there’s a new peak.
full member
Activity: 1344
Merit: 103
Now many kababayan`s know that crypto is very useful not only in online but some in some business , and i see that many bank in the philippines are accepting crypto as a mode of payments and that is the really big news to us.
hero member
Activity: 2114
Merit: 619
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.
sr. member
Activity: 2422
Merit: 357
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 news. I hope developers also start accepting crypto as payment. It grows overtime so i guess its perfect for a large payment scale like real estates. Imagine transfering 15 bitcoin to them as a payment for a house and lot, and those 15 bitcoin will earn 1 bitcoin per quarter?. They should think about this.
full member
Activity: 714
Merit: 102
more good news is happening to crypto currencies in the Philippines.
I am very happy when crypto currencies are getting better and growing in several countries in the world, and especially in Asia.
Hopefully it will continue to affect other countries in Asia
full member
Activity: 1246
Merit: 102
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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
it seems good to be tall of the Bitcoin to the next level because the good moves will always been appreciated by the people who are using this field from a long period of time will definitely accept it.
good news will always have positive impact to cryptocurrency market.and more people accept cryptocurrency as payment system , demand to cryptocurrency will rise smoothly.fully adoption not longer time again will coming.
with the good news will increase trust, on the other hand as if giving an assessment of the government to immediately take a policy that supports cryptocurrency, needs more good news, and we will see increasingly green prices
legendary
Activity: 3542
Merit: 1352
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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.

Already philippines have regulations for using cryptos?

If its still in the uncertain phase,then using bitcoin for buying properties without regulations may bring some difficulties later.

The SEC in line with the BSP have already set guidelines in using cryptocurrencies, so I think in the meantime, it's as good as legal, not unless the government's stance regarding the matter changes in the future.
member
Activity: 636
Merit: 11
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
it seems good to be tall of the Bitcoin to the next level because the good moves will always been appreciated by the people who are using this field from a long period of time will definitely accept it.
good news will always have positive impact to cryptocurrency market.and more people accept cryptocurrency as payment system , demand to cryptocurrency will rise smoothly.fully adoption not longer time again will coming.
hero member
Activity: 1274
Merit: 516
Well its surprising that Philippines took the crypto adoption seriously, its a very good news and good way to become example for other countries to adopt crypto, but I think its a bit forcing to make people must convert to bitcoin or litecoin to purchase the house, crypto suppose to be an option for payment so the government not misunderstand that crypto want to shift fiat usage, but I really happy to see another things can be bought using bitcoin, its mean we are near with the mass adoption and finally bitcoin could act as currency
member
Activity: 546
Merit: 32
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
it seems good to be tall of the Bitcoin to the next level because the good moves will always been appreciated by the people who are using this field from a long period of time will definitely accept it.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Already philippines have regulations for using cryptos?

If its still in the uncertain phase,then using bitcoin for buying properties without regulations may bring some difficulties later.
There is no final regulation about this one and I think this is too risky for the investors. Its good to accept cryptocurrency as mode of payment as long you study the possible result of that one, I’d rather use my fiat money and hold my bitcoin and I know it will grow more. This is a great adoption though.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
If this is true this could have been a very good example of how one can really benefit from the use of cryptocurrency. I hope this starts as a good model to push others to use or do just the same. Philippines is a small country yet it has never been so full of surprises to see that from such a small country comes the love and acceptance of cryptocurrency.
hero member
Activity: 3052
Merit: 651
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

How was it a good news? Does it have something to do with the improvement for crypto? I see your post as a regular news and nothing is good to happen to us even if he is to sell his properties using crypto.

It is actually simple. If this goes in local mainstream media then it can open up minds of other people that there are other ways to pay something rather than just credit cards and the banking system.

Aint that what we are really aiming for? For every crypto currencies to be used as a "currency" and not just an investment.
Now that is being used as fiat like you are opposing it or questioning how was it good news?

I believe it is a good news. A small one but a good step ahead.
member
Activity: 186
Merit: 12
Honestly, the adoption of cryptocurrency is spreading day by day even further and one of them is it, it is obvious that Philippine is crypto-friendly, because it is possible to see the most philippines in each project and AFAIK there are more crypto ATMs than others.

Yes, Philippines is open to adopt cryptocurrency and blockchain technology. There are many events here in the Philippines about blockchain and cryptocurrencies. Hoping soon that all the Filipinos are knowledgeable about crypto and blockchain and start to adopt it.
full member
Activity: 938
Merit: 105
The Philippines having a positive sign on the crypto front we can expect positive adoption happen from banks and government organizations in crypto
You are right, the government of the Philippines recognized Bitcoin as an internet currency since last year and I think there's no reason why some people there accept Bitcoin as a transaction payment like buying and selling poverty. Besides, the seller is already aware of crypto, because they are crypto enthusiast too. Well, this a great open source and have mass adoption in the Philippines.
hero member
Activity: 3024
Merit: 680
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jr. member
Activity: 336
Merit: 1
The Philippines having a positive sign on the crypto front we can expect positive adoption happen from banks and government organizations in crypto
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