Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
I think bitcoin really helps the philippines in the economic sector, looking at bitcoin development from year to year. 
Topic: Bitcoin in the Philippines uproar - page 2. (Read 2054 times)
Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
Absolutely the increases in microtransactions alone and the utility of microbanking will develop the country significantly. By having applications that link to mobile credits such as M-Pesa projects with Smart and Globe micro transactions will remove the need for banking for the under banked who do not have the income to keep a minimum balance at the bank without being subjected to fees and in effect allow money to be utilized to generate true income.
There are still may Filipino who are unemployed. And I agree that the use of bitcoin has increased from the past few years, the reason might be, there are lots of Filipino who discovered the ways on how to earn bitcoin. Just like this forum, there are so many Filipinos that are so active in joining Signature Campaigns. If you are earning bitcoin and you are holding bitcoin as well you will also become curious where to use it. Especially right now, bitcoin is accepted already in the Philippines and there are some establishment who accepts bitcoin as payment. It's good that Filipinos are easy to learn and easy to adapt beneficial things like bitcoin. This might not have great impacts on the economic status of the Philippines but it is helping many individual not just Filipinos but other nationality as well.
philippinos are technical-people and are willing to go great lengths to learn something new
Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
Yes it's true! That the number of Filipinos (like me) engaging to bitcoins are rapidly increasing and that's a good thing. Here in our country, we can freely use btc without giving any restrictions coming from our government ( hopefully it continues) that's why each of us are now starting to earn and uplift our life status. Well, bitcoins will definitely provide a great impact in our economy but the question is, does our government will allow this idea of cryptocurrency?
Hopefully yes since some of the exchanges show some interest on doing business here in our country. But as i read some post about the quality posting of some Filipinos we should be more responsible when commenting on every topic, we should make a quality one so we can protect the image of Filipinos in this forum. We should be more competent while we are learning more about bitcoin.
Actually with regards to being responsible in commenting on every topic, we have nothing to do with it. We filipinos have been the laughstock of other race and we're used to it. Even if we make quality posts, we cannot uplift our reputation because there will always be people who will continue to look for faults. But we really can't hide the fact that more pinoys are really diving into things they don't know or understand if it means additional income, and that includes cryptocurrency. All of it is due to poverty. Bitcoin will always have great contributions to us individually on some extent. With regards to our economic growth maybe in the future we will see some great impact but right now I can't really say. We're still young as a cryptocurrency aware country and there are still few establishments that accept btc.
I joined this forum for more than a year. And this forum is indeed a blessing for me and to other filipinos. I learned a lot about crypto by reading comments and asking questions. Thats why I am so thankful to very helpful people in the community.
Yes it is. I have heard it from others too. Filipinos are now very digitalize and its just an evident that we are not far from any other nationalities. We are not afraid to take risks and bitcoin helps many people. Philippines is a democratic country. Each and everyone have its rights to do things like bitcoin. It really helps a lot to earn more. Others may risk to work abroad. With this bitcoin, soon it may lessen the number of Filipinos going abroad and may decide to work from home to have more time with their families. Bitcoin in the Philippines is uproaring. More users to come.
Most of the users from signature campaigns are from Phillipines, and i dont have nothing agains them, but most of them only create accounts and they farm them in order to spam the signature campaigns to earn more money.
And i have seen this so many times, because i am active in the Meta Section on the forum, and all those who are on SMAS are from phillipines.
And i have seen this so many times, because i am active in the Meta Section on the forum, and all those who are on SMAS are from phillipines.
Yes, basically Speaking. Moderators know The Reality, That There are Filipino's That is So Very Greedy, in earning Bitcoin.
A good Thing About Filipino is That They are Really Striving To Get What They Want Which is Good.
But, Sometimes They Make Unusual Things Just To Get what They Want But Not In A Fair Way.
Talking About SMAS, I have seen it Too. Many Are From Philippines.
But, in Other Story, Bitcoin is Really Uprising into The Philippines. Which i know That is Supported by It's Government.
It is indeed that the number of the Filipino Bitcoiners are increasing from day to day compare to other nationality. Not totally supported by the Government instead it was accepted in a way but they're not promoting it (As I can see). I just recently look at the meta section, and yes mostly are Filipinos. Well, like what @yojo said Filipinos are resourceful and they thrive to get what they think is good for them w/o I guess knowing what consequences they may face.
Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
Yes, there are more people getting to know bitcoin and joining bitcoin too. Whenever they get knowledge about it, they become interested and start to join to earn their own bitcoin. Filipinos are hard working people, specially when it comes to their needs. They eagerly work for to earn for a purpose, most of it is for the family. 
Most of the users from signature campaigns are from Phillipines, and i dont have nothing agains them, but most of them only create accounts and they farm them in order to spam the signature campaigns to earn more money.
And i have seen this so many times, because i am active in the Meta Section on the forum, and all those who are on SMAS are from phillipines.
And i have seen this so many times, because i am active in the Meta Section on the forum, and all those who are on SMAS are from phillipines.
Yes, basically Speaking. Moderators know The Reality, That There are Filipino's That is So Very Greedy, in earning Bitcoin.
A good Thing About Filipino is That They are Really Striving To Get What They Want Which is Good.
But, Sometimes They Make Unusual Things Just To Get what They Want But Not In A Fair Way.
Talking About SMAS, I have seen it Too. Many Are From Philippines.
But, in Other Story, Bitcoin is Really Uprising into The Philippines. Which i know That is Supported by It's Government.
Well, Filipinos are really good that is why you can find them anywhere in the world as they love to get abroad to find employment. As far as the industry of BPO is concerned, the Philippines is now following India and there is a potential that Philippines can soon take over the industry if not for the fact that those in India are really good in making software and programs.
Filipinos are excellent communicators as they can talk in good English (sometimes much better than an average American), they can write in good English too (definitely miles ahead than the rest of Asia) and these people are known to be very hospitable which many outsourcing employers love.
Now, they are talking advantage of the opportunity offered by the internet and cryptocurrency. With a government that is very supportive of their endeavors, soon we might be seeing new crypto-related programs coming from the Philippines.
Bitcoin is alive and well in the Philippines and hopefully in the rest of the countries comprising the ASEAN grouping.
The Philippines is one of the most beautiful countries. Indeed this is one of the countries legalized bitcoins. In terms of people's lives there are still many poor people in the Skwater Area called home-made barongs. We can not distinguish it because we are really seeing the situation of people here. that this country is still poor and many young people can not afford to study the parents at school. So if they only know bitcoins and earn money they will probably have extra money to finance their needs.
in october 16, BSP or Bangko Sentral ng Pilipinas told us that their objective is to balance the interest on crypto at the same time managing it's risks. i think they also support bitcoin when Melchor Plabasan said "It's like any other monetary instrument. There are risks but essentially, it can be managed. If you want something that is fast, near real-time and convenient then there’s the benefit of using (cryptocurrency),"
http://news.abs-cbn.com/business/10/16/17/bitcoin-use-grows-in-philippines-regulators-flex-muscle
http://news.abs-cbn.com/business/10/16/17/bitcoin-use-grows-in-philippines-regulators-flex-muscle
Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
A lot of filipinos today are using bitcoin wrong. some of them are just investing on fonzi scheme and other scammers. They dont really know what bitcoin and other cryptocurrency are. They just want to earn fast money without even trying to research what bitcoin really is and what is it's uses and how it works. We should not tolerate such activities and must educate others. I know some people who are conducting a free seminar about Cryptocurrency in the philippines and I've been part of that seminar.
Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
Yes Philippines is very active to bitcoin. Well in-fact I know plenty of Filipinos who are into bitcoin. It is not that because they just have knowledge to bitcoin, but it is because of the capability of bitcoin to let them gain money while learning. Filipinos are really hardworking especially when they gain money, I'm not saying that Filipinos are into money only but we really need money to improve due to low on technology advancement. Well bitcoin on the other hand improves Philippine's economical status, because it can let them earn money even if they don't leave their job and it also let them know what is happening in the modern technology world.
Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
Most probably it would augment in the improvement of the country's economical status since a lot of IT and computer related graduates earn a lot in bitcoin than in their current jobs hence, more income for Filipinos. Many of the Filipinos who are involved in bitcoin even have other jobs, but to earn extra without depending on the government, they focus their time in investing and doing jobs here in bitcointalk.
Yes, here in Philippines, most of Filipinos are aware and already knowledgeable about Bitcoin not that they can invest but also they can earn by working online too. Bitcoin is a very big help to us Filipinos as side line or even making it full time job. Also thanks to coin.ph wallet for making it more easier to claim payments and make it possible for us Filipinos to earn from Bitcoin.
Indeed Filipinos are hard working people.
Indeed Filipinos are hard working people.
Yes it is true that bitcoin arises and become an uproar in the Philippines. We all know that Filipinos are hardworking persons and they do really strives for what they know they will benefit from it. I'm also a Filipino. But we should all agree that bitcoin really helps us all.I have my own job and this became my sideline. I'm really happy that with this, it helps me through my financial aspect as well as to help my mom and dad.
Possible if the bitcoin will be finally legalized and regulate in the philippines ,the goverment will put tax that will hurt the bitcoin traders or holder through that they can boost their tax collection.
More and more are getting attracted in bitcoin here in philippines because of its value in co-relation with dollars it really helps a lot of people whom their past time is browsing the internet by joining airdrop and other campaigns we filipino get enough cash by a short period of time and this is also a good investment for our childrens future
I think the main reason bitcoin caught the attention of many filipinos is that it is an earning opportunity in the internet. Filipinos love online income. We strive hard to make a decent income online. Because of the traffic jam and the needs to have extra income, we always look for something to earn and earning online is one of the most convenient. And because of this much attention, bitcoin’s popularity grows rapidlyamong Filipinos.
Here in the Philippines, the growth in the knowledge about bitcoin is drastically exponential. Could bitcoin possibly influence the improvement and advancement of the Philippine's economical status? In what aspects?
Bitcoins in the philippines is much influence to the people,because mostly country that belong to the third world have no job,or other income,so the people do,what they can heard,we must grab a potential in order to support our daily needs,and in this aspect the economics will rise,the status of unemployment decrease,people have there own investment and support there financial.so this is the effect of bitcoin in the phiippines even it is not legalize.
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