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Topic: Philippines is starting to accept bitcoin. - page 41. (Read 3055 times)

member
Activity: 238
Merit: 11
February 28, 2018, 07:05:29 AM
Bitcoin is the best way to invest in recent years, as shown by the exchange rates. Currently in the Philippines, electronic money is not accepted by banks. Since they are not material values. But time does not stand still and everything changes.The Philippine government plans to equate cryptocurrency to securities and issue licenses to banks for their use.Some companies already accept transfers in cryptocurrencies. This method is considered to be faster and cheaper.Cryptocurrency is a more effective way to attract capital.
full member
Activity: 305
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[PROFISH.IO]
February 28, 2018, 07:03:02 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/
Philippines is starting to regulate bitcoin in the country. Some establishement are starting to accept bitcoin as payment. Bitcoin was acknowledge by the people when it began to spread via news. I read an article that the government of the Philippines is starting to investigate the investing and trading system, just to secure the safety of the investors.
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February 28, 2018, 07:02:27 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/
Yes Philippines now already accepting bitcoin it can  already adopt by Filipino and now many investors are already invested here in the Philippines
newbie
Activity: 21
Merit: 0
February 28, 2018, 07:00:58 AM
Bitcoin is very popular in Philippines because people heard in news last month that bitcoin have a high value
full member
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★Bitvest.io★ Play Plinko or Invest!
February 28, 2018, 06:54:11 AM
You know, it makes me feel jealous when I see the other countries has legalized bitcoin, while in my country haven't seen at all that government will regulate/legalize bitcoin as an alternative currency which's validated to buy anything.
But in another sides, I'm very happy to knowing that, hopefully it can be take utilized well and will advance for the Philippines country as well as its citizens become more modern peoples and reduce the unemployment rate also can be multiply the rich people. Smiley
full member
Activity: 406
Merit: 100
February 28, 2018, 06:52:46 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

Will this is a good news for all philippines people who are already using bitcoins if this going to success we feel comfortable in withdraw our earnings in local currency anytime we want.
member
Activity: 420
Merit: 24
February 28, 2018, 06:46:52 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

There are lots of crypto miners, bitcoin investors and traders in the Philippines. Most of them are quitting their day job in exchange of day trading and mining cryptos. Some of them make it as a part time job.

When bitcoin hit $20k last year the hype of crypto in the Philppines rises. Many newbies wanted to invest in bitcoin and altcoins. Some joined ICOs. Some profited and others were scammed.

The Philippine government can't stop or abolish bitcoin or crypto cos it helps a lot of Filipinos and specially it has lots of "TAXES"!!

So its a win win situation between the people and the government.

Thumbs up to Philippines for embracing this very promising technology!
hero member
Activity: 2744
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February 28, 2018, 06:44:59 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/
well great news,another asian country considering the help that bitcoin can give,hope also the whole crypto will be accepted and introduced to theyre people..this moves will give another positive feedbacks to the crypto community since we had just encountered a dip drop this past weeks.were looking for more things like this in future
newbie
Activity: 15
Merit: 0
February 28, 2018, 06:43:29 AM
That's a good news for all Filipinos that using bitcoin. Maybe the government realize bitcoin will support poor people here in the Philippines. It can help every citizen improve and lift their lives from poverty, especially the number of bitcoin user here are large. Today, there are two virtual currency exchangers registered with the BSP and several more are under evaluation.
member
Activity: 140
Merit: 12
February 28, 2018, 06:42:04 AM
I don't know if it's a good thing or not. Since the philippines is a very corrupt country, people will always think of an idea to tax people in everything they do so they can accumulate it for themselves. I know a bitcoin machine in makati in which they accept ltc, eth and bitcoin.
full member
Activity: 350
Merit: 100
February 28, 2018, 06:39:15 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/
That's very positive to hear government officials in pursuit of bitcoins as well as its regulation. This would positively help to streamline the activities of bitcoins and also increase the demand for bitcoins
jr. member
Activity: 196
Merit: 3
February 28, 2018, 06:36:19 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/


That is seems to be a good decision to the government. In fact, your country have been supporting bitcoin because they wanted to help their people to become rich. Bitcoin in the Philippines is very popular and people are attracted to the high price of Bitcoin.
newbie
Activity: 196
Merit: 0
February 28, 2018, 06:34:01 AM
Yes, most likely already many countries are considering the topic with bitcoins about the fact that the block system for the country will not be a bad advantage.
jr. member
Activity: 140
Merit: 1
https://i.imgur.com/Wl0rfMA.jpg
February 28, 2018, 06:30:07 AM
This could be another leap towards the future. If bitcoins will now be used as a form of legal tender it will become even more popular and can now be used legally for transactions. This could create more market for bitcoins and thus making it more profitable.
jr. member
Activity: 224
Merit: 3
February 28, 2018, 06:20:53 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

It is good news that the Philippine Government is open on cryptocurrency. Hope knowledge on cryptocurrency will be thought to the people that are less fortunate.
jr. member
Activity: 182
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February 28, 2018, 06:16:18 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

That is a good move to Philippine government. Aside from helping people to be aware of bitcoin investment, they are also encouraging their citizen to invest in cryptocurrency. I also heard that there is what they call coins.ph in which you can directly sent your bitcoin here and directly encash to fiat currency.
full member
Activity: 420
Merit: 119
February 28, 2018, 06:15:51 AM
As I read before, there was previously a store accepting Bitcoin as payment in BGC, I really don't recall what store it is, But Anyways, I think the Philippines is slowly but surely accepting Bitcoin as a currency, I sure hopes that this kind of acceptance continue so we don't have to worry about anything.
full member
Activity: 770
Merit: 102
February 28, 2018, 06:11:42 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/
That’s a welcome development when the government start to recognizes crypto currency and even sponsored seminar  about regulation. The regulation is only implies to the operator to the currency changer so that they will be protected againts unscropolous users that would take advantage of being anonymous and decentralized.
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That is a good recent development of bitcoin. What happened in That country is a good example to be imitated or followed. Moreover , a seminar discussing bitcoin and it's regulations has been held and also attended by the government officials. That activity can be followed by other countries in South East Asia, especially ASEAN Member Countries. This recent development may bring better growth of bitcoin in this region or commonly in Asia.
full member
Activity: 420
Merit: 106
February 28, 2018, 06:04:49 AM
Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/
Well, I think that is a pretty good news and it is a good sign which shows that bitcoin will be used more in time. I think this might encourage other countries to accept bitcoins as payment for services, goods which would be very helpful for the people who are interested in cryptocurrencies. More number of countries need to legalize cryptocurrencies and as  Philippines gave it a good start, this might keep increasing.
I can imagine a situation where people are using cruptocurrencies (mainly bitcoins) frequently as a payment method in future.
hero member
Activity: 994
Merit: 544
February 28, 2018, 06:04:32 AM
That's a very good news and congratulation for Philippines people because your country has accepting bitcoin now. I hope my country will do the same with your country to accept bitcoin as well. And I hope bitcoin will be accepted and use in many country in the future.

Thank you but honestly bitcoin is already accepted here in my country.  Though it was not publicly announced that bitcoin is legal here, we, bitcoin users know it very much.  We can pay our bills, topup our phone and even encash our bitcoin on banks, remittance center and even convenience stores.  Hopefully many Filipinos will invest in bitcoin.
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