Topic: Bitcoin in the Philippines uproar - page 3. (Read 2054 times)

TBH, it does not surprise me that the Philippines would love Bitcoin. All I can say is, make sure every member of your family has a Bitcoin wallet so you can send and receive Bitcoin easily no matter where you happen to be on Earth! And push for more adoption by businesses in the Philippines.

This is really interesting because it is true that in Philippines bitcoin uproar. On the other hand,bitcoin is not accepted in the government officially. Fortunately,many Filipino investors do a redearch about bitcoin and take part of it as a potential market and source of money for products under big companies. The trading and merchandising of goods become easier in the Philippines when bitcoin existed. Now,there are hundreds of people earning from bitcoin and it such a great honor to be part of it. A wonderful blessing helping developing country like Philippines.

I've witnessed the growth of bitcoin since the past few years. I'm not that holding a lot of bitcoin but seeing the growth of bitcoin is a treasure to me. I see the price of bitcoin very low and when the price increases there's a lot of Filipino's that are starting to give their eyes to bitcoin. The industry pumped up a lot of investors since there are some aspiring investors that are willing to spend hundreds and thousands of bucks just for crypto as long as they see it's potential. This help the economy of the Philippines because of the additional money that's entering the country.

Filipinos like Bitcoin too much. and Most of them are Students. They see the beauty and capability in earning Money using Bitcoin. they accept Bitcoin as if its' like a Company that offers them Work without any requirements. I heard some of my Friends are doing good in Bitcoin but in a good way. So I can say that not all Filipinos are greedy. They just want to earn Money to save for their future, or maybe to buy what they want. sooner or later, every Filipino citizen will hear about Bitcoin. and who knows, maybe Bitcoin can improve the Economic status of the Philippines.

this is true. bitcoin in the philippines is getting popular .people turned into joining bitcoin to earn extra money because as we all know life in the Philippines is so tough and hard. as a fellow filipino I can say we are hardworking , we are working hard to earn for living and bitcoin is a big help for us. I think it can help boast our economic as it can help lessen poverty in the Philippines.

This is entirely true, in fact, bitcoin growth in the Philippines has been featured in ABS CBN News (http://news.abs-cbn.com/business/10/16/17/bitcoin-use-grows-in-philippines-regulators-flex-muscle). In my opinion, here in the Philippines, bitcoin would be very beneficial once most of the Filipinos have learned about bitcoin, surely our economy will boost but surely, the corrupt politicians and businessmen will take advantage of it and use it as a vehicle for money laundering. There should be more advertisement and seminars for the people to learn more about bitcoin and make use of it as their investment vehicle.

it would be nice if made some groups that can provide important information about scam-scam webs that can harm your own community and generally community bitcoin new users in the Philippines

Population of bitcoin users here in the philippines getting higher and higher everyday, philippines is active in bitcoin.we are do so.i think most of the signature campaign here have filipino at the spreadsheet,that is why there is a big chance that Economy in the philippines will be increase because of botcoin.

Its good to hear that because im from philippines and its a good news. Philippines is a developing country and ine problem facing it is the problem about poverty. With the help of bitcoin i think life of every filipinos will definitely change.

I doubt... I am currently in the Philippines and most people from here who use bitcoins do not really know what bitcoin is all about. Majority of the people involved in bitcoins who I met earn them thru faucets and they don't even know that Poloniex nor Bitfinex exists. Probably, its because the government likes our people to remain uneducated financially so that they can keep them under control. On the other hand, I guess once the Filipinos learned the full concept of cryptocurrency, the government itself will be useless.

I thibk it wil help a lot , given the fct that numerous count of people has been recognizing bitcoin as their wayno gain profit I think there is abig possibility that through bitcoin's potential Philippine's economic status wil improve with the help of exchanges happening inside bitcoin where in Filipinos were involve. Additionally, Filipinos were known for being harworking people and it will never shocke if they(we) are one of the best wokers in bitcoin.

Philippines has already allowed bitcoin as a remittance currency.Recently,it has also granted license for two bitcoin exchanges.Philippinese who work abroad have found bitcoin as the best way to send their earnings to their home country.So,the government has taken a stand much friendly to bitcoin.

Bitcoin platforms like Coins.ph, BuyBitcoin.ph and Rebit.ph, are so much popular in Philippines as they have simple user interfaces.

Philippines has a well established Bitcoin infrastructure  and definitely,bitcoin related businesses have a very good future in philippines.

yes i am seeing that in bitcointalk bounty and signature campaign most of the social media traffic coming from Philippines even scam project they never bother simply posting facebook and twitter counts . Its good as far country adopting newest change but it should not be use in wrong way .Finally i congratulating Philippines  for mass adoption of crypto currency

Good to know that the bitcoin economy in Philippines is growing and I know that Filipino's are starting to become crazy about bitcoin and not only you people but all other races too. And I saw a thread here before that the central bank there approved bitcoin and made it legal.

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Yes it will, as long as any country will support bitcoin for sure it will increase it's economical status. In terms of remittance I know that you've got a lot of overseas workers and that is making the economy of Philippines good because of the money that coming from your fellow countrymen throughout the world and this can happen with bitcoin too.

Filipino people was a trying hard to learn about bitcoin to aiming for those they earning from bitcoin, they adopt bitcoin in oder to have an extra income for their basic needs. Who knows more using bitcoin are filipino people maybe someday also their government legalize bitcoin and many companies will using bitcoin in paying online.

most likely users of the signature competition are from the Philippines, and they have their signature contest to earn more money.
And I've seen this often, because I'm active in the Meta section of this forum, and everyone in SMAS comes from phillipines

Yes, I totally agree. Just known bitcoin this year and have known more people who just recently been active and enthusiast. What make it popular I think the benefits of it. Filipinos are really hard working and very persistent. If someone know that you could earn bitcoin and gain profit from it, it will attract many people and they will really strive hard to achieve their goal. Nowadays, internet is also very accessible here in the Philippines, there are lots of promos to have low cost data usage so the more people use the internet, the more people will know about bitcoin. By the way, I'm a Filipino too.

I'm Southeast Asian myself, and I've seen how three countries from there are particularly quick to pick up on things like Bitcoin: Philippines, Indonesia and Malaysia. Yes, they're "crazy" about Bitcoin and were probably crazier about it a lot earlier than their neighbours were. They experienced the same with an entire slew of digital currencies since the late 1990s. Paypal, Liberty Dollar, e-gold.

Unfortunately, and I know a lot of people from this region will disagree with me, this had less to do with ideology than with the ever-present pursuit of financial freedom - from fragile economies, from poverty, from the cycle of the rat race. The people from these countries are famously entreprenuerial - you need only look at how Philippine has made domestic helpers sending money from abroad its #1 GDP. Or how Singapore, without much resources, has a strong knowledge and IT industry.

So yes, a lot of them are in this for the money. And for better or worse, they're promoting Bitcoin, supporting its use through whatever means - gambling, HYIPs (law enforcement also notes long-term syndicates cycling HYIPs since the 90s)...

There's a complex mix of the Southeast Asian setup - high IT knowledge, low education, low literacy, English as a second or third language, fixed incomes below $200 - that rightly or wrongly makes them appear the way they do even here on this forum. I fit all of those too, with only my income changing when I started working outside my country more than 15 years ago.

But if Bitcoin truly seeks to achieve mainstream adoption, this will be the demographics of its majority. More than two thirds of the world reside in Asia Pacific, where all those traits are similar.

It's great to see the growth of Bitcoin in the Phillipinnes. There's many services available that are popular thus in the phillippines there is not much need for using the LocalBitcoins.com service - but if you are interested to see the growth in other countries, this link shows it:

So bad to see how people look filipinos here in the forum, but there were really fact, most filipino here totally posting not that constructive posts but just trying to earn btc they try their best with that.

In fact we can see in the Philippines that they are so active in earning btc and learning btc too. They have plenty of group in social media in related to btc and I heard they have some group meetings around the Philippines too, that is how active they are.