I doubt E-Peso will really happen. It's just a suggestion from 1 person in the gov right..? I don't think the bill will be approved. But I am not an expert in PH politics, so not sure how it exactly works.
It boils down on a good sales pitch...
Here's the sales pitch. If it's anything like bitcoin, you can hide your ill-gotten wealth. (Of course, don't remind them politicians that it's all in the blockchain.)
You will see 20+ senators, 200+ congressmen, and 50+ provincial governors approve the bill.
Then watch as our 1000 PH/s cloud miner insta-mines the first billion coins. Everyone will think the BSP is doing it.
I will have a new job description as "E-Peso Escrow Agent". My fee will still be 1%. But I'll be sure to buy bomb-proof Chevrolet Suburbans and put up my own security agency.
I hope they will use darkcoin like system.
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