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Topic: PH is now considering Bitcoin - page 4. (Read 2484 times)

legendary
Activity: 3234
Merit: 1055
June 07, 2016, 12:00:57 AM
#5
Quote
The central bank executive, however, assured the public that the BSP is continuously studying VC usage intricacies “to formally regulate virtual currencies.”

They did nothing to contribute any development and they want to formally regulate, really?   regulate their ass
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 06, 2016, 11:59:59 PM
#4
Good news. But I don't really buy it. These are politicians, you know. I'm sure there's an always ulterior motive behind it. Maybe another avenue for the politicians over there to make use of BTC for money laundering, perhaps?

Well I'm also thinking about the money laundering and btc can be used by corrupt politicians here in our country. But no matter what the government's purpose about it. For sure many stores here are going also to consider accept bitcoins as a method of payment for more convenience. And it will become a cashless society here in the future for sure.
legendary
Activity: 3122
Merit: 1492
June 06, 2016, 11:52:16 PM
#3
Good news. But I don't really buy it. These are politicians, you know. I'm sure there's an always ulterior motive behind it. Maybe another avenue for the politicians over there to make use of BTC for money laundering, perhaps?
hero member
Activity: 490
Merit: 520
June 06, 2016, 11:47:44 PM
#2
Well I won't lie, a lot of the stuff I've started hearing coming out of the Phillipines is more "unique" than I've heard coming from other countries, but I guess this could be good news if everything happens properly.

I'm not sure why the would choose to do such a thing so suddenly, but that's not my business.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 06, 2016, 11:41:05 PM
#1
I'm glad that the Bangko Sentral ng Pilipinas ( Central Bank of the Philippines ) is now considering the use of bitcoin.  And I'm sure it will be implemented soon here in our country.
You may read the whole article below.
http://interaksyon.com/business/128696/ph-now-a-major-player-on-virtual-currency-usage---bsp-exec
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