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Topic: Philippines starting to accept and adopt cryptocurrency. - page 5. (Read 2087 times)

copper member
Activity: 301
Merit: 2
The Philippines is indeed a country that can be said to be a good country for Bitcoin and Cryptocurrency. In the Philippines, Bitcoin is growing rapidly, and many people there have used Bitcoin as a transaction tool. This is very good news, and I hope that neighboring countries like Indonesia, can follow in the steps of the Philippines. Immediately legalize Bitcoin and other Cryptocurrency.
jr. member
Activity: 252
Merit: 1
So good to see Philipines now getting more serious towards crypto. This kind of news is what we expect and hope other countries will start to do exactly that.

I wished my country too adopt such things and technology. Only the governments who really care about their countries future, take such steps for the overall betterment of the country.
We must be waiting for some good time. We must be patient towards the hike of bitcoin price. We can’t afford such a high hike just in some days as some country have accepted it. Definitely when they have made it allow to use bitcoin in their country, it take time there too to establish and made the country aware about bitcoin. So don’t be impatient, keep your high hopes.

at least we on a right track. if Philippines succeeded, other country will follow. the hype will restart again.
full member
Activity: 491
Merit: 105
So good to see Philipines now getting more serious towards crypto. This kind of news is what we expect and hope other countries will start to do exactly that.

I wished my country too adopt such things and technology. Only the governments who really care about their countries future, take such steps for the overall betterment of the country.
We must be waiting for some good time. We must be patient towards the hike of bitcoin price. We can’t afford such a high hike just in some days as some country have accepted it. Definitely when they have made it allow to use bitcoin in their country, it take time there too to establish and made the country aware about bitcoin. So don’t be impatient, keep your high hopes.
full member
Activity: 406
Merit: 100
CRYPTOBLADES Octoblades 10.10
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.
I heard some banks, they study cryptocurrency how they used in their transaction, this is good news for Philippines and i heard also in the mall they accept bitcoin as their payment. they're now aware of cryptocurrency, I believe more and more country will accept cryptocurrency in the future.
member
Activity: 420
Merit: 14
Nice! Another country getting in on the crypto currency game. I know that this year, we've been seeing a red sea all the time. These news gives us hope that the next year will do great. I just hope we won't hear of news that another country is banning crypto currency and more countries accepting crypto currency like India and China.
member
Activity: 434
Merit: 13
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.
You say that "Cryptocurrency transactions have increased in the Philippines."
Then you say that there are 25 companies that will operate in the Philippines.
I did not find what you posted, do you have resources like you said?
full member
Activity: 501
Merit: 147
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

There are some private group in the Philippines together with the foriegn group of businessman who combined and tandem for business in crypto currency that was last 3 months ago but for the Philippine government as of now is not yet to mention about crypto currency. I have to say that because everyday i heared always the latest news over the radio.
full member
Activity: 518
Merit: 100
That's a great news some establishments are accepting bitcoin and I think I can even put some money on my wallet online if I want it to invest in my favorite currency. That can really a easy way to change my currency to cash if I really needed it.
newbie
Activity: 32
Merit: 0
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

It is a good news that Philippines is open to adopt the innovation happening in modern world especially the blockchain technology and the cryptoworld. We can see a lot of opportunities to earn money in cryptos that can also help the country's economic growth. More people have chances to deal and invest with these cryptos cause the government believe and trust cryptos.
They just needed to understand how things works inside the blockchain and what crypto really all about, there's a lots of room to grow for this industry and each countries who able to adopt and fully used the system can get a bigger edge as if being implemented correctly it can really help the economy, usage of the system can be performed inside the government.
It is actually a very good thing for the Philippines entirely as this is a good move by the government to at least make the country a very crypto friendly space, judging from the way they have been doing things lately.

At least, with things like this, the chances of seeing more adoption within this space, taking a look at how other countries might end up seeing its positive effect on the Philippines economy, then, we will get to see more countries trying not to get left behind. I am pretty impressed that countries like this are taking the bold step to make something out of the space for their own growth in the long run.
That is an important and good news for bitcoin. I hope that such news will really give boost to bitcoin. Bitcoin is going to become a global currency and very soon we will bitcoin trading and using in every corner of the world. I think that now bitcoin is becoming too much popular and more and more people are getting knowledge about it.
full member
Activity: 432
Merit: 126
I am so positive that the Philippines will easily adopt this new innovation of investments. So lucky that i belong to what we so called pioneer in this. Maybe at first, there will be this transition that needed for the Filipino to understand what this is all about. Slowly, this will be a good stepping stone for us Filipino to have another option in paying bills, online transaction and investments. I hope someday, cryptocurrencies will help the Philippines to build a good economy for it.
full member
Activity: 952
Merit: 104
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Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

Philippines is so far behind in terms of technology but when we talk about cryptocurrency, we are much aware about what it was and how to deal with it. We have here an exchange platform which we call coins.ph and we can automatically convert crypto to Fiat through this platform. Hopefully the government will continue to support blockchain technology for the future of cryptocurrency in the country.
jr. member
Activity: 200
Merit: 1
I agree. Some establishments that are near in my house are accepted bitcoin and you can even lid your wallet through them. And I think it would more popular to some of my Filipino fellow to learn in using it in their daily basis. I think that the adoption of online currency here will be more easier than the other countries.

It will be efficient if that will be the same thing to me, but it is not. I am also a Filipino but I don't live in the Urban zone in which there are a lot of people that know and use Bitcoin.

I am living in the Rural zone of the country. Most of people don't know what Bitcoin, they don't even know what Crypto currencies are and who Satoshi Nakamoto is. If that will be the same with my place, that will be great since I will be able to use my BTC in the daily basis but on the second thought, I think it is better to save my BTC rather than using them.
Maybe it is good to ask the stores if they know about crypto and how convenient it could be if the use it as new payment system. It can be good as the first who going to apply it. However, as the price is down now, it is good to just keep it for a while and use it when you need few volume to pay large amount in fiat.
newbie
Activity: 70
Merit: 0
As i'm hearing things like that the asian countries has much more liberal approach than european countries i think more often about moving out to one of these countries. In future there can be possibility that these countries will be richer than Germany, France or UK, only china could be richer than USA today but in future who knows.

That is very good for Philipines that government is open for technological news.
Philippines is aired offering to exchange anything with bitcoins or cryptocurrencies. There's many platforms there who give relief to crypt currencies users. Crypt ATMs are also include.Atm machines are build there.
legendary
Activity: 1204
Merit: 1028
Time to move to Philippines Grin
I believe that is something we will always get to see more of it coming eventually. This space is growing and developing every day, showing the level at which people and investors are really eager and trying all their means to at least, get into the market by all means considering the long term potentials, and now that we are beginning to have various countries coming up with their own terms and regulatory framework and showing they really want to get to accept its usage is a great start. I am so much optimistic that in the long run, there will be so much more to come.
newbie
Activity: 70
Merit: 0
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

I have no doubt about that. In the future all countries around the world will adopt blockchain technology on various levels because it is so efficient not only in economic sector but in many other fields too. Right now, unfortunately, scam ICOs exploit those ideas in order to fool people, but the ideas are right by themselves, and adopted on a governmental level they can make economic situation in any country much better than before.

In recent times there have been quite some positive news from Philippines regarding crypto adoption, and I'm glad for the country because such steps can surely make the life of its citizens better.
Every now and then we get such good news from the markets and this is really good for the adoption of bitcoin. I think this will bring more awareness to bitcoin for the people of philippines.
jr. member
Activity: 64
Merit: 1
Philippines is located in Southeast Asia. I hope then that all countries in Southeast Asia will accept crypto. This is great news, it will promote the crypto grow stronger.
full member
Activity: 462
Merit: 100
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That is great news for the crypto currency world. Evem that part of the world are seeing sense and accepting crypto currency in their country. I just hopr that both China and India have changed their minds and start accepting Crypto currency again because their population alone can move the market intensely.
hero member
Activity: 784
Merit: 500
I heard that China has begun to legalize bitcoin payments and it is possible that at the end of this year prices will increase as in the past year because many countries have started to accept payments using bitcoin.
hero member
Activity: 1498
Merit: 537
I am glad that finally countries are taking a positive stance about cryptocurrencies. Recently we heard about china legalizing cryptocurrnecies, now here comes the Philippines. Asia provides a big user base for cryptos in terms of population of internet users. I hope India to take some positive step for cryptos.
Indeed, every country should immediately take a stand and provide clear regulation regarding cryptocurrency and regulated. because now there are very large users and investors all over the world
sr. member
Activity: 630
Merit: 265
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.
This is one of the greatest innovations and adaptations done by the Philippines. If only many people will start to appreciate cryptocurrency rather than questioning its capacity and credibility, cryptocurrency have already been established in the Philippines a couple of years ago. But it is still great that the government is now recognizing its worth because many people are already running their interests towards this type of currency. This will totally help cryptocurrency community to establish larger scope of population popularizing cryptocurrency very well so that many people will be encourage to join into this getting larger community.
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