Bitcoin could be used to pay for Bills,load and for travel in the Philippines - page 5.

bitcon

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Quote from: Akash83 on April 19, 2019, 12:16:53 PM

I will allow you to use your bitcoin to pay for bills, weight and anything you need and I simply need to save progressively more bitcoin Grin

Notwithstanding I support with fiat to pay my expenses, and I won't change over most of my bitcoin to pay something since I have to use bitcoin as my fundamental endeavor right now.

I am sure that in the Philippines, various people will curious about bitcoin, and they will look for on the web about bitcoin. Likewise, if you have a partner who needs to consider bitcoin, you need to train them so they can seek after your way to deal with use bitcoin also.

People are interested in Bitcoin in many countries, but, unfortunately, many of them do not have a chance to get it. It is great that the Philippines work with the cryptocurrency. In my country, people also use BTC, but rarely.

Ellen Adarna

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Quote from: xvids on March 02, 2019, 04:14:05 AM

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 am from the Philippines and it is true that you can pay bills and load using bitcoin using the coins.ph application where it is a wallet that you safely store all of your funds and bitcoin. But i still didn't use bitcoin to travel in the philippines because i don't have enough time.

Wayan_Pedjeng

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I think that coins.ph is more like using a third party payment processor such as Bitpay or Gyft. First you load your account with Bitcoins and then the third party converts the coins to fiat. To make the payments, this fiat cash is used. So in a strict sense, we can't say that Bitcoins are being used for travel and shopping.

jonaire99

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The central bank of the philippines also reportedly approved 10 additional cryptocurrency exchanges and a major bank has already installed a bitcoin recently giving a needed boost for cryptocurrency adoption in that southeast asian country. Well-known local bitcoin wallet provider, coins.ph, offers services including airfare that include bitcoin payment and is increasingly used by more filipinos when jts come to buying bitcoin and selling bitcoin.

sHeRiLyN1618

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Quote from: cipherhut on April 17, 2019, 06:40:46 AM

Use Bitcoin for as normal currency in the Philippines Cool

; you can perform bank payments, online shopping through digital currency and can use that local wallet for receiving Bitcoin and cashout into fiat. At Philippines cryptos like Bitcoin are used as a trusted mode of transaction. 🙂 🙂

It's a good thing Bitcoin adoption in the Philippines I think that country can be a pioneer in the use of Bitcoin in many other countries as well. Seeing the benefits obtained is certainly more useful in daily activities.

MostafaGamal

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Well, this helps me spread the Bitcoin across the world and adoption Bitcoin , but the problem remains that the price of the currency is unstable, there is a difference between the selling price and the purchase price, so it's not good, so I do not think there are too many people using it

xWolfx

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Quote from: BeManga on April 19, 2019, 03:59:16 PM

in my opinion only use it to pay or buy something when the price is high or when you needed
sometimes i only use it when i woke up late and i need some load or game credit

It's a rational advice, since it's the best way of using it while it is unstable.

But some individuals just want to use it to help Bitcoin grow in the way they can and with the amount of time and/or money they can and that is a noble mission from my point of view so both ways are ok.

djsugar

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That's a great step towards adoption of BTC. This helps in taking BTC to every household. People will know about it and hence, some percentage will even come in cryptos. Bitcoin needs use cases for the future growth and such steps are highly appreciated. Where countries are banning the use of BTC, Phillipines is making an appreciable impact.

Babylon

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Awesome features right there in the Philippines. Bitcoin is such a versatile currency and it just proves that it is almost the same like the fiat currency because we can use it to pay things just like our paper money but the only thing that set the difference for bitcoin to the paper money is the decentralization and also the opportunity behind it.

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Rollbit

Quote from: xvids on April 19, 2019, 11:25:17 AM

Quote from: Oasisman on April 10, 2019, 07:43:21 PM

That would be a good idea. Why do we spend our Bitcoins to stuff like these when we can actually use fiat easily with any transactions? Bitcoin will worth more than the price today or even more than the ATH. So, it would be a waste of opportunity if you keep spending your Bitcoin.

Well at some point you would used crypto as a currency not as an investment.
And this is just an early steps towards it , We couldn't just hold it forever .
And besides in our wallet it isn't just crypto we also have Fiat wallet on the app so if you don't want to spend your crypto then cash-in on your PHP wallet and use it to pay online and have some rebates .

Well, to be honest, I came to cryptospace to invest before I slowly started to realize that using it as a currency is utilizing the idea of this technology. But, due to the fact that Bitcoin and other alts is very volatile in nature, it becomes more of an investment than of a currency. And as for me, I somehow used it as currency, but most of the time I considered my crypto asset as an investment. I know we all have the eagerness to live the luxury of life financially, and that makes us sometimes greedy without even realizing it at first.

Dark Ripper

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If I where you, I will not use my bitcoins in paying load, bills and travel tickets because having bitcoin is a rare case so if you just used it to just paying water bills or some load it will useless. But other coins or some coins you can use it to pay load or bills but you need to exchange it first in darb so that you can pay your coins on your e wallet, just like coins.ph,gcash,paymaya etc.

Yes, I agree with you. If you will just pay for some bills or load your bitcoin it will be useless because Im sure that a lot of hard work is done for you to get that coin. Used other coins instead of bitcoin on paying your bills and load so that your bitcoin will not go to waste.

Yes, nowadays its really hard to earned and find bitcoin so that you must just hodl your bitcoin and don't used it on some purpose of using to pay bills or some load. Get other coins to be used in this transaction with your e wallet.

BeManga

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Quote from: xvids on March 02, 2019, 04:14:05 AM

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.

in my opinion only use it to pay or buy something when the price is high or when you needed
sometimes i only use it when i woke up late and i need some load or game credit

Akash83

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I will allow you to use your bitcoin to pay for bills, weight and anything you need and I simply need to save progressively more bitcoin Grin

Notwithstanding I support with fiat to pay my expenses, and I won't change over most of my bitcoin to pay something since I have to use bitcoin as my fundamental endeavor right now.

I am sure that in the Philippines, various people will curious about bitcoin, and they will look for on the web about bitcoin. Likewise, if you have a partner who needs to consider bitcoin, you need to train them so they can seek after your way to deal with use bitcoin also.

xvids

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Quote from: Oasisman on April 10, 2019, 07:43:21 PM

Quote from: Vaculin on April 10, 2019, 07:39:34 PM

Quote from: thankyoulord on April 10, 2019, 06:46:47 PM

The Philippines are seriously showing the world how open minded they are to blockchain technology and bitcoin. It is a good thing they are doing with their rapid adoption and use of bitcoin for day to day transactions. I seriously do hope soon enough other countries will do the same.

Hopefully it will with other countries too. I see this one as a great opportunity to spend some of our hard earned bitcoins but thinking that our btc would still grow after some time, then maybe i will still spend my fiat first and let my btcs grow first through investing it first.

That would be a good idea. Why do we spend our Bitcoins to stuff like these when we can actually use fiat easily with any transactions? Bitcoin will worth more than the price today or even more than the ATH. So, it would be a waste of opportunity if you keep spending your Bitcoin.

Well at some point you would used crypto as a currency not as an investment.
And this is just an early steps towards it , We couldn't just hold it forever .
And besides in our wallet it isn't just crypto we also have Fiat wallet on the app so if you don't want to spend your crypto then cash-in on your PHP wallet and use it to pay online and have some rebates .

dificanovi

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Quote from: xvids on March 02, 2019, 04:14:05 AM

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.

in other countries also use bitcoin as a payment tool, now you tell me and others that the Philippines has used bitcoin as a payment tool and I hope that in the next few months bitcoin and other crypto currency will also be used by people as a means of payment.

richminded

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Quote from: thankyoulord on April 10, 2019, 06:46:47 PM

The Philippines are seriously showing the world how open minded they are to blockchain technology and bitcoin. It is a good thing they are doing with their rapid adoption and use of bitcoin for day to day transactions. I seriously do hope soon enough other countries will do the same.

Many filipinos are open for this kind of technology and of course a lot of greedy individual who scam filipinos with a help of cryptocurrency.
Philippines is a good place, its easy to use bitcoin there but most of the time filipinos are just too focus on easy money and that is why many scammers are still there. More countries will be like Philippines I just hope for their security with their coins.

MFahad

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Quote from: mohammedmattar on April 07, 2019, 07:24:08 PM

Quote from: Wind_FURY on March 02, 2019, 04:27:33 AM

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

But you will certainly change your mind when the price of the currency rises

We need to spread its idea and generalize its use as a currency because it speeds up adoption.

During in this time, better for us to hold bitcoin, its my personal opinion, because bitcoin price is down and we all know that in coming days bitcoin price will be changed and go to up then better to hold it and when its price go to up then use it wherever you like.

conected

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Quote from: babarian on April 17, 2019, 07:48:16 AM

Quote from: thankyoulord on April 10, 2019, 06:46:47 PM

The Philippines are seriously showing the world how open minded they are to blockchain technology and bitcoin. It is a good thing they are doing with their rapid adoption and use of bitcoin for day to day transactions. I seriously do hope soon enough other countries will do the same.

this indeed proves the seriousness of the Philippine government and society in developing crypto currencies in their countries, and hopefully this will become an influencer for other countries that intend to develop crypto currencies in their countries.

- Well, the government of the Philippines is really very serious but they are not serious about helping the development of bitcoin and gives users a safe and comfortable space, they are serious about finding profit and controlling users in bitcoin. Because many users are using bitcoin to avoid tax from the government, the money is not small, and want to collect taxes from these people, the government needs encouragement for bitcoin users, and until bitcoin appears and is widely used, the tax will be very heavy, this is a very wise plan from the Philippine government

babarian

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Quote from: thankyoulord on April 10, 2019, 06:46:47 PM

The Philippines are seriously showing the world how open minded they are to blockchain technology and bitcoin. It is a good thing they are doing with their rapid adoption and use of bitcoin for day to day transactions. I seriously do hope soon enough other countries will do the same.

this indeed proves the seriousness of the Philippine government and society in developing crypto currencies in their countries, and hopefully this will become an influencer for other countries that intend to develop crypto currencies in their countries.

swordling143

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Quote from: xvids on March 02, 2019, 04:14:05 AM

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.

The convenience of having that kind of crypto wallet app is really something! Imagine not having to stand in line just to pay the bills is definitely a dream come true. I also use the same app to pay my bills, however, I don't really use bitcoin to pay for those. I simply use the local currency wallet instead. Bitcoin is the future so I'm saving and holding as much as I can.

Topic: Bitcoin could be used to pay for Bills,load and for travel in the Philippines - page 5. (Read 18505 times)