Bitcoin Use In Philippines - page 2.

CEG5952

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Quote from: DaddyMonsi on July 18, 2015, 03:01:54 AM

Quote from: CEG5952 on July 18, 2015, 01:57:38 AM

Quote from: Q7 on July 18, 2015, 01:19:53 AM

I think the market share will most likely come from the expatriates who are using bitcoin services to send money back to home country. Imagine if that becomes fully utilized. I think the main barrier is still the 3rd party services being made available at oversea something like what you see having WU offices spread at every different countries.

While most services are applicable to expats who are using bitcoins to send funds to their families here in PH, I highly doubt that most market shares will come from them. Rather, I believe that it will come from those online workers as Bitcoin is now widely known and accepted as a form of payment. Most expatriates or OFW (Overseas Filipino Workers) as we call them, do have little to no knowledge about bitcoin yet. But a group of bitcoin enthusiasts here in the PH are raising awareness about bitcoin.

The group MMM Community in the Philippines is providing a big contribution in Bitcoin awareness in since they are the only MLM (i think) who accepts and pays in Bitcoin. I hope other MLM companies follow and introduce Bitcoin to more people in Ph. I "heard" Metrodeal (group buying site) is also accepting Bitcoins as payment.

If Metrodeal would be implementing the addition of bitcoin as payment option, then it would be very awesome! It would be more convenient for people who uses bitcoins!

DaddyMonsi

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Quote from: CEG5952 on July 18, 2015, 01:57:38 AM

Quote from: Q7 on July 18, 2015, 01:19:53 AM

I think the market share will most likely come from the expatriates who are using bitcoin services to send money back to home country. Imagine if that becomes fully utilized. I think the main barrier is still the 3rd party services being made available at oversea something like what you see having WU offices spread at every different countries.

While most services are applicable to expats who are using bitcoins to send funds to their families here in PH, I highly doubt that most market shares will come from them. Rather, I believe that it will come from those online workers as Bitcoin is now widely known and accepted as a form of payment. Most expatriates or OFW (Overseas Filipino Workers) as we call them, do have little to no knowledge about bitcoin yet. But a group of bitcoin enthusiasts here in the PH are raising awareness about bitcoin.

The group MMM Community in the Philippines is providing a big contribution in Bitcoin awareness in since they are the only MLM (i think) who accepts and pays in Bitcoin. I hope other MLM companies follow and introduce Bitcoin to more people in Ph. I "heard" Metrodeal (group buying site) is also accepting Bitcoins as payment.

CEG5952

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Buy and sell bitcoins,

Quote from: Q7 on July 18, 2015, 01:19:53 AM

I think the market share will most likely come from the expatriates who are using bitcoin services to send money back to home country. Imagine if that becomes fully utilized. I think the main barrier is still the 3rd party services being made available at oversea something like what you see having WU offices spread at every different countries.

While most services are applicable to expats who are using bitcoins to send funds to their families here in PH, I highly doubt that most market shares will come from them. Rather, I believe that it will come from those online workers as Bitcoin is now widely known and accepted as a form of payment. Most expatriates or OFW (Overseas Filipino Workers) as we call them, do have little to no knowledge about bitcoin yet. But a group of bitcoin enthusiasts here in the PH are raising awareness about bitcoin.

Q7

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I think the market share will most likely come from the expatriates who are using bitcoin services to send money back to home country. Imagine if that becomes fully utilized. I think the main barrier is still the 3rd party services being made available at oversea something like what you see having WU offices spread at every different countries.

CEG5952

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Quote from: DaddyMonsi on July 18, 2015, 12:43:42 AM

yes I agree that signature campaigns is the way to go
better than faucets in my opinion
no offense to those who owns faucets and use faucets to earn BTC
i started earning BTC thru faucets but it takes a lot of time to earn a few satoshis

Faucets are a waste of time. Even if you're going to participate in few hundreds of these sites, you would still be wasting your time. Sig campaigns on the other hand are much more worth your time and effort.

DaddyMonsi

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yes I agree that signature campaigns is the way to go
better than faucets in my opinion
no offense to those who owns faucets and use faucets to earn BTC
i started earning BTC thru faucets but it takes a lot of time to earn a few satoshis

knowhow

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Quote from: zeraTunerse on July 16, 2015, 09:46:07 AM

Quote from: Dotakels on July 16, 2015, 05:41:05 AM

Quote from: gripflierGO on July 15, 2015, 10:15:18 AM

Quote from: dollarneed on July 13, 2015, 08:50:23 AM

Quote from: Dotakels on July 12, 2015, 10:24:11 AM

Quote from: harizen on July 10, 2015, 05:13:55 AM

Quote from: zeraTunerse on July 09, 2015, 12:58:01 PM

Quote from: DaddyMonsi on July 07, 2015, 10:11:31 AM

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised Grin

Yes and I think that many of the people are not having bank accounts in philippines so bitcoin would serve their purpose they can easily use it for shopping and stuff and they dont require bank account for that so it can create an revolution in philippines and I believe the government should make it legal.

It's legal here in PH .Plus even without bitcoin people here can do shopping without bankaccount. The benefits for PH people here is we have another option plus the bitcoin price depends on USD exchange and not on BTC to PHP exchange. It's an advantage somehow.

and also its advantage is student can used bitcoin liked here some of the university here in philippines are using bitcoin, its a great help for us to pay our tuition and also our daily expenses.

woow that was awesome i think philiphines would be greatest bitcoin user in south east asian and of course i wish its gonna happen to in other country, this a good progress of the bitcoin maybe people realize how bitcoin helping their life Cheesy

The same goes with India too. Many Indians do not have a bank account and it requires a great level of paper work. Where they need to provide various kinds of documents to open a bank account. And getting a loan from a bank is almost impossible who are paid salary in cash as they need to submit IT returns so bitcoins needs a promotion in India too.

Yes thats right no need more effort, just sell your coins and don't need any paper to sign or wait for a few days before you can get your money, and its so very easy to get a coins, like joining in signature campaign and its a great help for a student who will have money and also a knowledge.

Yes signature campaign is best at present to earn bitcoins and as many youngsters are also associated with bitcoins it would be great help for them to get the knowledge of bitcoins and other advanced technologies and surely best way to earn pocket money Wink

campaigns enable earn some bitcoins but there's always the risk of not being paid , it could happen today it is more difficult and only harms but , and a good way to earn extra without much effort just a little dedication necessary by day, but I believe philiphines va become the first country to adopt bitcoins for everything.

zeraTunerse

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