Topic: The use of Crypto currencies in our country. - page 9. (Read 1360 times)

This is really useful for Filipinos who are engaged in using crypto. Although there's still a whole lot of Filipinos who don't know these things, we're lucky enough that it's accepted in our country and is also supported, with the help of coins.ph we can possibly do a lot of things with our bitcoin. It's much more convenient for us

Though Philippines is a small nation, it is highly advanced with these kind of technology based adoption. It is hard to find similar services around the world in different countries. Going through the Op it is clear that almost every service can got under one platform accepting bitcoin for all its services.

It's good to have such things in Phillipines as it's one of the most places where crypto has become a real life daily currency.
There's also another topic explaining this but not so much extensive information as yours which i appreciate to know.

Let's see what other countries will do by following Phillipines

This is pretty useful to all investors and bitcoin traders as they can always pay or buy whatever they want using bitcoin because of coins.ph good service.

Only investors and bitcoin traders really know the risk of what they are doing, so my estimation is that out of 100 users of coins.ph I guess there are only like 50% that really use bitcoin and other crypto currency for whatever purpose they like to achieve. But if bitcoin will be more and more popular this ratio will surely increase in favor of bitcoin.

I don't know the country you from. But bitcoin purchasing abilities has not gotten that strong from where I am. You can only use it as a medium of payment when the other party accepts it

There are clubs in Makati that accepts bitcoin payments through coins.ph at one point, and if I'm not mistaken it is still an on-going deal in between the two. For me, the coins.ph wallet had been my go-to app whenever I don't want to meddle with people, line up and pay my bills. The last thing I wanted this service to have is to partner with grocery and retail stores for it to be the ultimate crypto service dealing with bitcoins, ETH and BCH.

I think bitcoin needs to stabilize prices, it will become popular in every country. The connection of sharks and news makes the price of bitcoin easily shaken, so bitcoin is a risk at this point.

For those of you who didn't know and I think you'll be happy to hear about it is that coins.ph was recently bought by Go-Jek a ride hailing Indonesian company that recently became a fintech company when they launch GoPay locally. With the recent takeover it is said that they are expected to add various services to the existing local wallet provider. Services that involves more about financing such as micro-loans, and insurance services is expected to be added in Coins.ph soon. For the Philippines it may not be enough that only one or two companies (the other one is rebit) is making cryptocurrencies look useful in the country but to tell you the truth when it comes to crypto adoption we are in a better position compared to other countries even banks such as UnionBank and RCBC are moving fast when it comes to infusing blockchain and crypto into their businesses.

I honestly don't see bitcoin being widely widely used(besides on countries that's overtaking economic crises) unless bitcoin becomes stable enough and unless wallets becomes too easy-to-use enough. It's going to take more years in my opinion.

It's still hard to see bitcoin daily in every country.
Until people start using mobile wallets with few hundreds of dollars and scanning qr codes to make payments.... Or if some services like Airbnb or u we start accepting it.

I'm also currently residing in the Philippines. Let's be honest here. Though there are definitely a good number of bitcoin "investors" here, most people use Coins.ph's services(the ones you listed) through our local fiat, the Philippine peso. Some(or most) people are poor enough, to actually risk holding bitcoin for their payments.

Since the rise of the cryptocurrencies, there are so many countries adopting it so quickly and one of them is my country (The Philippines).
in early 2014 one of the first online Wallet was created and that was Coins.ph, according to Wikipedia Coins.ph is a financial services platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines. this wallet helps us a lot for using bitcoins in many ways. today I want to show you the use of Crypto Currencies in our country with the help of this Online Wallet.

1. Paying Bills with BTC



With the help of Coins.ph It only takes a few seconds to pay your bills in our country, Select the bill type you want to pay. You can use Coins.ph to pay your utilities (electricity and water), government services, broadband, telco, cable, credit card, and tuition fees.

2. Buying Load or (Phone Credit) with BTC



In our country, you can also buy a load with BTC off course with the help of Coins.ph. and wait, it has a 10% rebate too if you buy 100 php worth of load you get 10 php rebate. that was cool right?

3. Buying Game Credits with BTC



Coins.ph is the only game credit outlet in the Philippines that charges zero fees. You’ll always get the exact amount you pay for! This one really helps me a lot cause I don't need to go on Town Just to buy a Steam Wallet Code, All I need to do was load my wallet and Boom! my Steam Account is loaded with credits.

4. Cash out at Thousands of Locations



We can also cash out our Crypto Currencies through these options: eGiveCash at Security Bank ATM. No debit card needed. Padala Centers like
M Lhuillier, Palawan Pawnshop, and LBCBanks such as UnionBank, Security Bank, and 30+ other banks.
As of now Coins.ph support Crypto Currencies such as BTC, ETH, BCH, and XRP.


so these are the things we can do in our country with our Crypto Currencies, what about you? what can you do with your Cryptocurrencies in your country?





Source:
https://coins.ph
https://en.wikipedia.org/wiki/Coins.ph