How do you destroy Bitcoin by the way? I mean it's either some kind of worldwide blanket ban or your project will just buy Bitcoin and then lock it out in a wallet you won't use, the latter of course has no guarantee that someone will abuse it. So what's your idea in mind on how you will destroy Bitcoin? It's funny how your project is "inspired" by Satoshi but with your way where your altcoin's success depends on the destruction of Bitcoin is something that isn't really respectible IMO.

Para sakin kasi hindi yung mga binanggit ni OP na disadvantage ay sadyang hindi talaga maiiwasan kaya dapat wala syang ipag-alala lalong lalo na kung alam nya paano umiwas sa mga ganitong klaseng scam. On the government's side naman na pinag-aalala ni OP para sakin medyo malabo na maging anti-crypto ang Pilipinas dahil milyon na dollares na ang investment na binigay sakanila para sa Crypto Valley of Asia at maliban duon wala kang makikitang masamang balita tungkol sa cryptocurrencies sa side ng pag-gagawa ng batas madami na din tayong local cryptocurrency custodial wallets meaning na open ang Philippine Government sa crypto industry. Kailangan lang talaga ng konting edukasyon about security pag gusto natin magbigay ka-alaman sa mga gustong sumubok ng crypto.

Siguro naman 100% certain na hindi natin maiiwasan yung pinangalan mo na disadvantage diba? Basta pag usapan ay pera malamang sa malamang may mga illicit activities yan na involve mapa fiat currency man yan or di kaya cryptocurrency basta pera ang usapan ay may mga taong mag-babalak na mag-nakaw nito. Even digital versions of Peso from banking apps hanggang sa e-cash apps like Gcash at PayMaya may mga makikita kang balita about scams or di kaya biktima ng phishing website. Siguro kung hahanap man tayo ng paraan para iwasan ito ay dapat may tamang edukasyon lang or introduksyon kung paano maiiwasan ito kasi in most cases user-triggered ang mga nangyayaring pagnanakaw which is totally avoidable naman.

I think his main is his winnings coming from a "anonymous" gambling site which chances are might not be registered or allowed to operate in their country that is why he is having problems telling the truth, they might just confiscate his winnings just because he got it from an unregistered gambling website. I'm just giving him some kind of excuse which makes his winnings a little bit easier for him. Either way he still have to pay taxes which I believe he would still have to pay his capital gains on the time he is claiming in buying it.

So your main problem right now is just creating an excuse just you earn your Bitcoin on another way besides from the truth which is gambling? I don't think you have to worry about anything if you just reported that you bought it in a direct p2p manner. Also just skip the part where you bought your Bitcoin and just hold it for years since obviously there are dates that are recorded on blockchain and the taxing authority can verify the date on when you have received the 2 Bitcoin. If they don't have the chance to verify on who the sending address is I think they will just believe you that you bought your Bitcoins directly from person to person.

If I may ask why will you use your time on basing your crypto wallet on a open-source code? In this way you will just create another kind of generic wallet or worst an exact copy of the copay wallet. For eyes of any crypto users I think the majority will just see you as some kind of duplicate copy or a phishing website for the original one when you have not exactly modify anything with that wallet you are basing in. Maybe you can try to make the source code as your guide and create a unique kind of crypto wallet from scratch as uniqueness scores a lot of points for the crypto users.

@OP I think this is one of the worst things a crypto user won't be asking for, bakit? Last time na nangyari ito nuong 2017 na dumami yung na-attract sa Bitcoin dahil tumaas ito at biglang bumagsak ay dinumog tayo ng mga negatibong komento tungkol sa Bitcoin. May mga katagang "Bitcoin is a Bubble", "Bitcoin ruined my life", "Bitcoin is a scam" ang mga narinig natin sakanila dito. Sure madaming makakapansin na bagong tao dito dahil sa nakaka-bilib nitong price movement pero ang mali dito is yung hahabol pa sila sa isang asset na tumataas na, dito sumikat yung linyang "Don't catch a falling knife" kasi sa mga (newbie) investors na bumibili ng asset na walang margin of safety na kung saan risky para sakanila na pumasok.

Foreign Users can be counted as a taxable person under non-resident aliens but it doesn't clearly fit in the description to persons who are engaged in a trade/business for income. Yeah they certainly earn from these US crypto exchanges but it is not classified as income but it is classified as capital gains which is also on another kind of tax rate. When we are talking about if what they are doing is right I don't think they have the power to tax people who aren't even their resident. Plus the post above pointed out that if the IRS plans to tax capital gains to foreign users then the user might just experience a double taxation for his capital gain which is simply unjust, for me I don't see them having "stricter regulations" when we are talking about additional kinds of taxes being introduce.

Press this issue sa Coins.ph support and not sa Binance kasi sila may access ng private keys mo for your ETH wallet addresss. Just talk about that you have sent the wrong kind of cryptocurrency sa ETH wallet address mo na akala mo pwede ang ERC-20 token dito, I think it would be possible pero sa pagkakatanda ko nung nag-fork yung Bitcoin hindi din nag bigay ng forked coins ang coins.ph so you also have to lower your expectation sa ganitong magiging request mo dahil baka nga kahit sila ay wala ding access or kakayahan sa ganitong procedure.

It is inevitable for sure but it's not about the utility of the stablecoins itself because if we are talking about the "utility" alone then for sure Bitcoin will be more regulated as compared to stablecoins, because tbh stablecoins are mostly used in exchanges rather than in any kind of platform. So right now the only thing making them having stricter regulation is because they are holding the fiat currency of the US which I think gives US have the right to add in their restrictions to protect their own fiat currency.

Hindi ko exactly sure kung ano yung dahilan kung bakit yung mga altcoins ngayon ay hindi na tumaas kumpara sa dati nilang presyo pero malakas yung chance dyan is dahil lang sa hype o di kaya may mga whales dito na nag-pump lang kasabayan ng Bitcoin at hindi na bumalik. Natatandaan ko nuon na kasama dito ang XRP and Stellar na hanggang ngayon ay hindi pa ulit nakakabalik sa ATH nya other things that can contribute to why they aren't going up is simply because sa haba ng panahon ay madami na ding cryptocurrencies ang ginawa kaya madami na ding ka kumpitensya ang mga ito. Medyo masaklap talaga pero ito yung mga disadvantages na mararanasan ng altcoins pero hindi ng Bitcoin which is the market leader.

From paying taxes and even getting a job? This sounds like a big project that involves a lot of connections from multiple industries including the government from which I highly doubt will work. What I mean about that is before you make this "solution" have you even given a green light from governments that they will be using your project as a mode for their citizens to pay taxes? Because if not your project will be going nowhere because if no one will be part of it yet then your project is basically useless. The same goes for finding a job or paying a salary have you contacted companies about your project and has given you the "yes" that they will be using it? For teasers like this I think you must give a detailed info on what you will be doing exactly and who are part of it since you are being to vague with the information you are giving.

If you are thinking about some kind of free way like faucets in order for you to earn Bitcoin I don't think this is a good choice since you won't be really earning anything from them, the consumption of electricity alone will just make you lose money. Remember that Bitcoin is considered a currency and in your situation where you don't want to invest/trade it for profit your only option really right now is to find a job and accept Bitcoin as the mode of payment for your service. If you aren't able to find a regular 8-hour job your best bet is to make your talents/skills available in a freelancing website where you of course accept Bitcoin as a payment. Other things I can think of you earning Bitcoin is through passive revenue from content creation it may be a website or a blog where you earn ad revenue.

20,000$ was never the ATH of Bitcoin way back 2017 to be exact 19,783$ ang ATH ng Bitcoin nuong 2017 which na-break na natin nung na reach ni Bitcoin yung 19,800$ nuong November 30, 2020. Baka naguluhan ka lang sa post ni OP pero ina-nnounce nya dyan na new ATH na tayo and ini-expect nya na magkakaroon tayo ulit ng panibagong ATH na na-break na natin yung ATH nung 2017 at optimistic sya na hindi ito yung ATH by the end of the year pero in the sad reality makikita naman natin na hindi ganun yung sitwasyon kasi nung na-reach na natin yung bagong ATH ay biglang naging bearish or nag-consolidate si Bitcoin around the 18,000$ level. Medyo mabilis kasi ang galaw ni Bitcoin ngayon kaya nakakatakot maging confident lalong-lalo na walang volume na sumusupport sa mga rally nito.

Bitcoin or any other cryptocurrencies are counted as assets which means in your death (theoretically) is transmissible/inheritable to the next of kin. I know a lot of people keeps their crypto assets a secret even on their love ones and the most easiest way for your crypto assets to be transferred to them without them knowing you have one is through your will and testament where your lawyer will be the one handling the process legally, this way you will know that just in case you die your assets will still be transferred to your love ones.

But if you are talking about your BCT account this isn't counted as an asset so I don't know how the transfer of accounts work which I don't think is transferable. Just think about it like your social media account where even if you die your next of kin doesn't have the right to gain control of it not unless it is like a Youtube account where people even do they die still makes profit out of it.

Matagal na itong news na ito about sa Crypto Valley of Asia pero mahirap talaga maging optimistic tungkol dito lalong lalo na hindi naman tayo nakaka-tanggap ng update tungkol sa kanilang proyekto na ito. Kahit sa Google or even sa kanilang official website wala kang makikitang balita tungkol sa ano mang developments regarding their project, not sure kung nagkaroon ng stall sa proyekto dahil sa pandemic kasi even before the pandemic started wala kang makikitang balita tungkol sa Crypto Valley of Asia kaya para sakin let's not be too optimistic pag-dating dito kasi baka abutin pa ng taon ito bago natin makita na fully operational yung crypto hub na ito, depende din sa mga investors kung kailan nila gusto matupad ito.

Ever since I knew that Stablecoins' issuers have the ability to freeze/reclaim their own cryptocurrency I know everything will be more controlled by the government. For those of you who don't know stablecoins like USDT have the ability to freeze someone's wallet in their own will, in this case if the government/authorities will ask them to handle some kind of "suspicious activity" they have the power to just control all of you stablecoins and instantly just wipe it. This is one of the negative things about cryptocurrencies being backed by fiat currency as definitely the country they have issued the fiat-backed crypto has some special powers within it.

Seized cryptocurrencies will be difference compared to stolen cryptocurrencies kasi if ever dapat nga baliktad ang nangyari kasi considered good news ito dahil may nangyaring recovery of scammed cryptocurrencies. Kumpara naman sa stolen cryptocurrencies na kung saan naman ay may direct link sa pag baba ng cryptocurrencies dahil na rin sa possibility na ibenta/liquidate ng mga kriminal yung nanakaw nila which will result to the price drop of the cryptocurrencies. If ever man meron connection ito it will just be about the news and how the market react to it pero sa dinadami ng news na dumadating about cryptocurrencies hindi mo talaga malalaman na kung ano yung tunay na makaka-apekto sa Bitcoin lalong-lalo na kung walang direct connection.

Bitcoin is bound to correct in the first place, matagal ko ng pinag-mamatyagan yan kasi tumataas yung presyo ni Bitcoin ngunit yung traded volume nya ay kung hindi stable ay patuloy na bumababa meaning yung demand ng Bitcoin ay hindi tumataas. Price increasing while the volume is decreasing is a bearish sign kaya malakas yung chance na bumaba talaga yung presyo ni Bitcoin dahil wala syang technical support. Yung tanging pag-asa nalang ni Bitcoin na hindi patuloy bumaba is makapag-recover sya sa mga supports niya pero yung bad news dito ay yung mga support na ito ay masasabi din nating mahina dahil walang volume build up na nangyari sa pag taas ng presyo ni Bitcoin.

So you are basically saying that there is a 10% service charge yet the cashback the users will have will be 30-50% of the value of their purchases? Sounds mathematically impossible for me in terms of all parties having profit in a sense. Also if we are talking about "partners of the service" here I think the best way for you to have investors is through them not here in the forum since if they have agreed to partnered up with you already I think they will be willing to invest in what you are offering or maybe they will recommend you with some connections they already know.20,000$ for me is something that you won't see a lot being offered by users in the forum especially to a newbie like you proposing a investment.