Topic: Bitcoin in the Philippines uproar - page 5. (Read 2042 times)

Regarding to the issues on Filipino shit posters or trolls. I think they are not. It's just the same with other people here who is not native speakers of English. I hope you can give a chance to other Filipinos. The problem here is the number. A lot of filipinos in bitcointalk are confirmed not good in writing in English Language.

It depends on how threatened philippine banks and government is gonna get. I have observed that whenever there is a chance of something that can be a great way to actually solve a major issue in the Philippines (citation: telstra vs. Big 3 telephone companies) they actually shut door for it. This is the part where I don't understand the government. With the fast rising trend of bitcoin, I guess there is a chance that it will be blocked or made illegal. Just because it is a tough competion for banking companies.
But nonetheless, bitcoin will provide for many filipinos to earn way much higher than their salary and will give them financial freedom.

For such a possibility, bitcoin will certainly be able to guarantee the progress of the country especially from the aspect of the country economy.
Because bitcoin is in use for this kind of problem

More and more Filipinos are into bitcoin. Most of the are those intenet active people. I think bitcoin can influence the Philippine economy in terms of financial status of the people. If more people has financial growth, they will also become active to the economy. They can use their income from bitcoin to have their own business. And also just simply using their money from bitcoin to buy things helps the economy of the country.

Yes, one of the traits of filipinos is being hardworking and i think that they fit it in this job. But there's some filipinos too that they not share theyre knowledge about bitcoin because it can affect the value. Please not be greedy ,we need unity for the sake of us. Who don't know it will be the one way to develop our country.

Well, filipinos really are hardworking and that is one good trait of a filipino however, there are some that are really into making money creating multiple accounts just to farm bitcoin which is not a good thing. Let us be fair with others and give them a chance to earn bitcoins. The problem with some of the filipinos who are farming using signature campaigns is that they are only limited to that source, whereas there are other source of bitcoin where you can make bigger profit. Trading is one, yeah i might get an answer that they tend to use signature campaign as there is no investment needed but that is just the thing, without risk there will be no gain, the bigger the risk the higher the profit and besides once you get into trading, you learn knowledge which will make you grow. also from what i have heard there are other people in the philippines who gets into bitcoin just for the sake of money they dont even know what bitcoin is.

It is the bitcoin that is representing its power day after day.Though involving with bitcoin gives you power to drastically revolutionize the potential of economic structure.
Bitcoin is the badic form of cryptocurrency. It acts as a link between buyers and sellers to enabe deals from overseas through digital transactions.
Therefor it has the power to cause impossible traditional deals occur smoothly and can change economic aspects.

Technically yes, why? because a country with less people who have no source of income can have a good economical status for the internal market growth is growing due to added resources provided by the bitcoin workers or enthusiasts for that matter. We all know here in the Philippines that the monthly income of an individual can barely support a family and most the time both of the parents are needed to work just to keep their family well feed and clothe. It is sad  to know or face the reality but that is the truth, but that reality doesn't give us the right or authority to cheat or spam the threads just to fill our greedy stomachs. We need to wake up and see that we are ruining our reputations if are going to do it, for reputation is the key to success here especially we don't a have a face to show the campaign managers. Wake up and be enlighten!!!

It is nice to see someone here talking about the Philippines, which is also my country and where I am based at right now. The Filipinos are known to be everywhere...as there are only a few territories where we can't find a Filipino. We are known to be resilient and early adopters but what we lack is the entrepreneurial mindset that is many of us would prefer to be employed rather then be employing.

Filipinos are the best in the world when it comes to outsourcing and freelancing that is many foreign employers would prefer to deal with Filipinos online. We can talk and write in the English so well...even much better than those people living in USA and UK.

Now, when it comes to cryptocurrency, we are also early adopters. There are now many Filipinos who are in this forum and who are HODLING to their Bitcoin. We already have one big exchange operating here since 2014 and we have two probably opening by next year. Bitcoin is essentially legal here and I am hoping that the government can step-up the whole thing by opening a cryptocurrency center here in the country which can attract many Bitcoin enthusiasts and project locators.

The fintech industry here in the country is not yet that developed and this holds a lot of potential to help the economy by attracting direct foreign investments and opening up many employment and business opportunities for all Filipinos who are already adept at the world of cryptocurrency. We do hope that we can be a big part of this revolution rather than be just watching outside and wondering what's happening.

Mabuhay!

Yup definitely many people in the Philippines are now engage in bitcoin because it is one of the fastest and easiest way to earn money. If the bitcoins provide as extra source of income and can help the Filipino to gain to extra knowledge and ideas then I guess this could drastically help our financial stability in our economy not just on the part of the people but also the community.

If you really want to atleast decrease some of the Filipino shitposters, we can report their post or add create a list to add them to ignore their posts. I am also a Filipino but i do agree that a lot of posters here who posts nonsense are mostly Filipino. And i think it is their responsibility to be "somehow" atleast fix their grammar and improve their posting qualities and be open on learning the technologies about bitcoin. I am also not good on my grammar, but i keep on learning in order for me to have a better quality posts.

The Philippines is obviously the country. Filipinos is the citizen of The Philippines (obviously).
The Philippines is ignorant on bitcoin is wrong. Generalizing that all Filipinos here in bitcointalk are nonsense posters and just go here for the profit is wrong. I understand your statement because it is true that a lot of Filipino here are just shitposting for the money and i know that it is wrong and not justifiable. but then again. Not all of them are shitposters and just go by the money.

In the growth of economic activities if the govt catches the opportunity to help start up to grow. The condition can be opposite if the govt acts China, Ban bitcoin exchangers and ICO. The most important thing is rule. Rule that can protect investors or any parties who involved in cryptocurrecies and bitcoin. When the govt sees bitcoin as a threat to the hegemony, that's the end of opportunity in the country, better search other countries to grow up.

for the advancement of a country maybe bitcoin does not contribute to it, but for individual progress may be very necessary bitcoin. there is no clear legal basis and tax arrangement that makes bitcoin not counted in a country.

It is true that most of that post comes from filipino's but some of them are very good in cOnstructing and speaks english fluently..
Making bitcoin is good like from Philippines because lots of filipino's suffers from poverty and I think bitcoin is one of the good answer to that.....  in fact Philippines is one of the most poorest country in the chart .
Bitcoin can improve their life  and also the economy if EVER

Please educate me about the difference.  I'm not a worldly man, and I know I'm making a huge, sweeping, blanket statement, but I'm only going by what I see on bitcointalk.

I am happy because recognizing that bitcoins in different countries and the person who knows it is growing. I am also a native of the Philippines. I can see the big changes in the lives of those who first knew it. So it has a huge impact on our country because of its money coming from bitcoins.

Philippines and Filipinos are two different things Sir, and don't generalize us Filipinos on other Filipinos that are here for just nonsense things. again, I said that mostly Filipinos will venture to bitcoin because they want to get rich/er . and it is sad on my part that they seeing bitcoin as the only way t escape poverty.

Im also thinking about this, bitcoin in the philippines is now widely spread, i think bitcoin can help the economic status of the country because bitcoin is accepted in some countries like US and countries in europe, they can use it to buy an items and raw materials, not only for military but also for industry.

That may be so but then I think there will be more developments and adoptions for Bitcoin in the incoming years because of the growing number of bitcoin users in the Philippines. Soon, there could be more merchants that would accept bitcoin as a payment system. I beg to disagree that it is only something for the lower class; although it is true that there are A LOT from that class who utilize bitcoin. I believe there to be number of businessmen and those from the middle class who know of and invest in Bitcoin. It is presently being more attention in the business sector.

I think that those from the lower class has been taking advantage of the opportunity given by bitcoin especially those who don't have regular jobs. It gives them the convenience of earning even when they're just at home. I believe that it's a big help for them and it could alleviate some of the burden that they have in paying their daily expenses.