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Topic: Bitcoin could be used to pay for Bills,load and for travel in the Philippines - page 10. (Read 18550 times)

sr. member
Activity: 1330
Merit: 256
in my country there is also a digital wallet, the name is DANA. but I only saw it on a TV ad, and I haven't tried the wallet.

it seems, the wallet can also be used to pay for electricity, water, and others.

slowly digital development will force the public to accept this transaction service.
sr. member
Activity: 868
Merit: 281
But I wouldn't use Bitcoin to pay for anything that fiat can pay with unless it's very necessary, if I were you. Bitcoin is a provably scarce resource, don't waste it. HODL. Cool

I think paying for bills with bitcoin and saving excess bitcoin are positive for the ecosystem and for the value of the cryptocurrency. This is especially true in developing countries with a history of currency instability. Thus, saving and spending bitcoin should not be seen as mutually exclusive.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
what is happening in Philippines currently is something i will love to see happen in all other countries. Government of different countries should accept and adopt the use of cryptocurrency and bitcoin for use same way the Philippines are doing currently. I hope this will be possible in no distant time
sr. member
Activity: 728
Merit: 263
I know Bitcoin is much popular in philippine.And this is a great news for Philippine people who use bitcoin.It's actually easy to pay bills online with bitcoin rather than card.Now bitcoin will get lots of new user and it will be an advantage for bitcoin user.     
full member
Activity: 616
Merit: 100
coins ph is the good platfrom in the philiphines that we can see bitcoin is very booming on philiphine, and i hope all country in the SEA can use bitcoin too for daily use in their country
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


I'm living here in the Philippines and yes I'm using Cryptocurrency I've got from bounty hunting to pay for my bills like the internet water and electricity, this is the reason I got involved very much in Cryptocurrency because of Coins.ph in the past I have to find reputable people to exchange my coin to fiat money, now it's much easier.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
That is a good idea, I don't know if Coins.ph have that in their pipeline.
They did have a debit card but they eventually removed it for good I don't know the reason why though maybe that was the time when their exchange's aren't regulated.

I liked the idea of this bitcoin wallet it can pay a lot of merchants it is very convenient but I think they don't have a rival in the country right now that's why their rate is too low from the current price which is not good. And with this wallet you dont have access to your private keys.

They do have a rival in the country the first two exchanges in the Philippines that are regulated was coins and rebit.
legendary
Activity: 2576
Merit: 1655
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


.. snip ..

Why I'm using my bitcoins to pay? Because I believed that they should be treated as currency, simply as that.  Grin
Well, a great proof that using bitcoin as currency is starting to become more popular but do you feel that you are wasting your bitcoin or not? Because with the speed of bitcoin, we will soon be able to see better prices in the future, which means that if we accumulate now with bitcoin, our future assets is giant, you should limit the use of bitcoin for payment, we can use cash, I believe that many people will have the same opinion with me, bitcoin should be used for larger purposes, instead of paying for bills only.

No, I don't feel that way, as I have said, you can treat them as currency so that's what I'm doing. Of course I still have bitcoin as a investment, but If I feel I need to use them as often as I want then I go for it. We have different opinions here, maybe you wanted to hold your bitcoin, but there are people here who are willing to used it, even in gambling bitcoin is regularly use so it doesn't make any sense. It's people's preference, I'd say.

Just checked with the biller and their is no option of bitcoin payment or any other crypto currency. Even on their site their is no detail about paying bills or any option with crypto currency. Even the proof is not giving details about paid through crypto currency. Please correct me if i am wrong as i am not able to find any details of payment through crypto currency or bitcoins.

Lol, of course coins.ph will exchange your bitcoin to fiat then paid those companies. Coins.ph is a crypto exchange wallet, local to the Philippines. You can refer everything here, if you still have doubts about the proofs I have posted.

https://coins.ph/online-bills-payment/
hero member
Activity: 2632
Merit: 833
Coins.ph is licensed and regulated by the Philippine Central Bank.
https://coins.ph/about/

Also, Philippine Central Bank has a circular on virtual currencies (circular 944).
http://www.bsp.gov.ph/regulations/regulations.asp?id=3748

It would be AWESOME for Coins.ph to release their own crypto debit card to match their mobile wallet.  Grin


That is a good idea, I don't know if Coins.ph have that in their pipeline.

Coins.ph is also been good to me, specially sending remittances outside of Metro Manila. My kids is studying somewhere in province and I can just used their services to send money to her if needed and paid some bills too.
legendary
Activity: 1190
Merit: 1002
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


.. snip ..

Why I'm using my bitcoins to pay? Because I believed that they should be treated as currency, simply as that.  Grin
Well, a great proof that using bitcoin as currency is starting to become more popular but do you feel that you are wasting your bitcoin or not? Because with the speed of bitcoin, we will soon be able to see better prices in the future, which means that if we accumulate now with bitcoin, our future assets is giant, you should limit the use of bitcoin for payment, we can use cash, I believe that many people will have the same opinion with me, bitcoin should be used for larger purposes, instead of paying for bills only.

No, I don't feel that way, as I have said, you can treat them as currency so that's what I'm doing. Of course I still have bitcoin as a investment, but If I feel I need to use them as often as I want then I go for it. We have different opinions here, maybe you wanted to hold your bitcoin, but there are people here who are willing to used it, even in gambling bitcoin is regularly use so it doesn't make any sense. It's people's preference, I'd say.

Just checked with the biller and their is no option of bitcoin payment or any other crypto currency. Even on their site their is no detail about paying bills or any option with crypto currency. Even the proof is not giving details about paid through crypto currency. Please correct me if i am wrong as i am not able to find any details of payment through crypto currency or bitcoins.
legendary
Activity: 2576
Merit: 1655
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


.. snip ..

Why I'm using my bitcoins to pay? Because I believed that they should be treated as currency, simply as that.  Grin
Well, a great proof that using bitcoin as currency is starting to become more popular but do you feel that you are wasting your bitcoin or not? Because with the speed of bitcoin, we will soon be able to see better prices in the future, which means that if we accumulate now with bitcoin, our future assets is giant, you should limit the use of bitcoin for payment, we can use cash, I believe that many people will have the same opinion with me, bitcoin should be used for larger purposes, instead of paying for bills only.

No, I don't feel that way, as I have said, you can treat them as currency so that's what I'm doing. Of course I still have bitcoin as a investment, but If I feel I need to use them as often as I want then I go for it. We have different opinions here, maybe you wanted to hold your bitcoin, but there are people here who are willing to used it, even in gambling bitcoin is regularly use so it doesn't make any sense. It's people's preference, I'd say.
full member
Activity: 665
Merit: 107
Coins.ph is licensed and regulated by the Philippine Central Bank.
https://coins.ph/about/

Also, Philippine Central Bank has a circular on virtual currencies (circular 944).
http://www.bsp.gov.ph/regulations/regulations.asp?id=3748

It would be AWESOME for Coins.ph to release their own crypto debit card to match their mobile wallet.  Grin
full member
Activity: 816
Merit: 133
But I wouldn't use Bitcoin to pay for anything that fiat can pay with unless it's very necessary, if I were you. Bitcoin is a provably scarce resource, don't waste it. HODL. Cool

Well, thanks to coins.ph who makes it much more convinient to us Filipinos to freely use our Bitcoins. But, I agree to what @windfury said. Yes, it is considered as advantage for the Filipinos especially that slowly Bitcoin is beggining to be considered by a number businesses, though, as of the moment (as I see), I'd rather keep it for a while then. Though, there's disadvantage as well, before you could use Bitcoin via Coins.ph, a user must need to top up still, which is kinda hassle. In which the time spent on topping up and converting Php to BTC a user could immediately drop by to a nearby Bayad center (Local company) that cater the service using fiat.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
But I wouldn't use Bitcoin to pay for anything that fiat can pay with unless it's very necessary, if I were you. Bitcoin is a provably scarce resource, don't waste it. HODL. Cool

I disagree, we have shifted from the main reason bitcoin was created to an asset used for just making money (that wasn't Satoshi intention for Bitcoin). I prefer using my bitcoin to buy anything the moment I get the chance to do so. It give me satisfaction then using fait. I own two set of bitcoin, one intended for my everyday activity and the other stored offline.
hero member
Activity: 1134
Merit: 515
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.
I think in most of the countries similar wallets are been started by a number of blockchain start-ups which do support paying various bills with one click with our cryptocurrencies.

I have went through some of these wallets and it really feels good to see cryptocurrencies spread vastly with much modern technologies. It would be more great if ever bitcoins could also be started accepting as a legal mean of payment on various local shops too.
jr. member
Activity: 378
Merit: 1
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


I read all the replies but I haven't seen anyone posting any proofs. So I will be posting mine:  Grin

This is for my telephone and internet bills: (PLDT)


Credit card bill: (BDO)


And water: (Maynilad)


Why I'm using my bitcoins to pay? Because I believed that they should be treated as currency, simply as that.  Grin
Well, a great proof that using bitcoin as currency is starting to become more popular but do you feel that you are wasting your bitcoin or not? Because with the speed of bitcoin, we will soon be able to see better prices in the future, which means that if we accumulate now with bitcoin, our future assets is giant, you should limit the use of bitcoin for payment, we can use cash, I believe that many people will have the same opinion with me, bitcoin should be used for larger purposes, instead of paying for bills only.
member
Activity: 616
Merit: 30
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


                        ~snip~


Why I'm using my bitcoins to pay? Because I believed that they should be treated as currency, simply as that.  Grin
This is one perfect example how to treat bitcon ,being a currency and not just a crypto assets that has been used to Hold,bitcoin must circulate to continuously move and not to sit on our folio

Thanks for sharing PROOFS mate ,while all of the comments seems like no one bringing something like yours lol 😂

Disclaimer:yeah i am holding coins in my wallets but i use my bitcoin for my billing obligations
sr. member
Activity: 1610
Merit: 264
Never heard for travel stuffs, but I might not be checking the app thoroughly since I usually use it for buying credits for my mobile phone in case of emergency that I can't pay anything right now while I am inside of a wifi hotspot. It proved me a lot of convenience and a lot of options on what can I do with my Bitcoin. I might use it for donations soon enough since I can't usually locate the donation sites here in my area.
legendary
Activity: 2576
Merit: 1655
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


I read all the replies but I haven't seen anyone posting any proofs. So I will be posting mine:  Grin

This is for my telephone and internet bills: (PLDT)


Credit card bill: (BDO)


And water: (Maynilad)


Why I'm using my bitcoins to pay? Because I believed that they should be treated as currency, simply as that.  Grin
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.

what a great service that is, every country should have their own like it
its big thing to be able to use bitcoins in any area of life easily

Well i think those simple functions can be done with crypto pretty much in most countries. Though of course it's still converted to the local currency probably by the btc wallet you're using. There are fewer companies who accept bitcoin as it is.
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