This topic is worth reviving/bumping.

@PinoyCash, you seem to be the most knowledgeable about Philippine Tax on this thread, why not create a more informative and comprehensive topic? A lot of commenters are not reading your good responses here.

---

Ganito yan, hindi porket tahimik pa o wala pang malinaw na guideline ang BIR tungkol dito eh ibig sabihin wala ng tax. Kung kumita ka dahil sa pag-trade, pag-mina, pag-bounty, pagsali sa signature campaigns, maari pa din mapatawan ng buwis yung mga kinita mo. May iba-ibang klase ng buwis na pwede ipataw depende sa kung paano ka kumita.

---

This is probably because Cash basis ang tax system dito. Sa ngayon, fiat pa lang ang kinikilalang cash.

Hey, have you read this article from coinsph? https://support.coins.ph/hc/en-us/articles/202398194-Which-cash-out-methods-are-available-

There are a lot of ATM cash out options.

Yes, Gcash rates is much higher compared to other options. It's what you get for the convenient and fast (most of the time) withdrawals but is only ideal for small amounts.

This is actually the better approach for me. The option to price more valuable products in BTC instead of thousands/millions of Satoshis wasn't mentioned in the OP that's why many don't agree.

New Event Added:

What: The Importance of Communities in Blockchain (FREE ENTRANCE)
When: August 22, 2019 (Time: 7:00 PM to 9:30 PM)
Where: BlockchainSpace (Acceler8 Coworking UB, 111 Paseo de Roxas, Makati)

---

Most of the events in this thread were held (or will be held) in Metro Manila but if you know of any group that's starting a blockchain movement in your local area (or near your area), feel free to add them here. It doesn't matter if it's a big group or a small group of people.

I just found out recently that Cebu has a group that's organizing a monthly meet up.

---

EDIT: The time and location for the IT Blockchain (Monthly) Meetup in Cebu has been added.

If what you mean is if Philippine SEC is the equivalent of USA SEC, then the short answer is yes. Sheenshane posted some history behind it. The draft posted in the OP applies to Philippines only.


Oo nga eh. Sana by 2020/2021, mabawasa ng malaki ang dominance ni coinsph sa Philippine crypto exchange market



Wala pa siguro sapat na manpower ang BIR para pag-aralan ng husto ang complexity ng crypto. Baka naghihintay din ng mga proper terms/definition mula sa SEC. Kung sakali gusto mo i-deklara, yung kinikita sa signature campaigns ay pwede ma-classify under tax on professionals and self-employed (subject to withholding tax). Mungkahi ko lang yan, mas maganda pa din kung magtanong sa sariling accountant.

Week #4
Twitter Profile Link: https://twitter.com/IamJohnSherwin
Your Number on the Spreadsheet: 166

Retweets/Likes:
https://twitter.com/IamJohnSherwin/status/1160817382065094657
https://twitter.com/IamJohnSherwin/status/1160957056498540548
https://twitter.com/IamJohnSherwin/status/1161246953650446336
https://twitter.com/IamJohnSherwin/status/1161561673121095681
https://twitter.com/IamJohnSherwin/status/1161667821216120832

Tweets:
https://twitter.com/IamJohnSherwin/status/1161926435428343813
https://twitter.com/IamJohnSherwin/status/1162726538820935680


Week #4
Reddit Profile Link: https://www.reddit.com/user/John_Sherwin
Your Number on the Spreadsheet: 36

Posts:
https://www.reddit.com/r/blockchain_startups/comments/cqc4hs/stable_dex_and_its_token_sale/
https://www.reddit.com/r/CryptoCurrencyTrading/comments/cqc88b/feature_rich_dex_for_newbie_and_advance_traders/
https://www.reddit.com/r/blockchain_startups/comments/cqti8y/cointoken_listing_application_now_open_at_stable/
https://www.reddit.com/r/BlockchainStartups/comments/crmg44/stable_dex_private_beta_testing/
https://www.reddit.com/r/Crypto_Talkers/comments/cs6ebx/join_this_dexs_private_beta_testing/

Twitter Campaign      
Twitter Profile Link: https://twitter.com/IamJohnSherwin      
Week 1 (Aug 12-18)      
      
Retweets:      
Aug   17   https://twitter.com/Polyxchange/status/1162093586365734912
Aug   18   https://twitter.com/Polyxchange/status/1161592611825758208
Tweets:      
Aug   17   https://twitter.com/IamJohnSherwin/status/1162815211859894272
Aug   18   https://twitter.com/IamJohnSherwin/status/1163176016476610563
      
      
Facebook Campaign      
Facebook profile link: https://www.facebook.com/AimJohnSherwin      
Week 1 (Aug 12-18)      

Posts:      
Aug   17   https://www.facebook.com/AimJohnSherwin/posts/1220218881516053
Aug   18   https://www.facebook.com/AimJohnSherwin/posts/1220941928110415
      
Likes/Shares:      
Aug   17   https://www.facebook.com/AimJohnSherwin/posts/1220182221519719
Aug   18   https://www.facebook.com/AimJohnSherwin/posts/1220827374788537
Comments:      
Aug   17   https://www.facebook.com/Polyxchange/posts/1340258432799573?comment_id=1341744122651004
Aug   18   https://www.facebook.com/Polyxchange/posts/1339124936246256?comment_id=1342554855903264
      
      
Telegam Campaign      
Username: @Zero9D      
Week 1 (Aug 12-18)      
      
Comments:      
Aug   17   https://t.me/polyxchange/2268
Aug   18   https://t.me/polyxchange/2284

I am quite disappointed with the Diaz-Pettis fight. I was expecting some fireworks but it was not the case.
- Pettis looks out of shape and not as explosive
- Diaz fighting smart by clinching and limiting his opponents attacks. He's also thrown more kicks than he usually does.

I was under the impression that this campaign is going to be a long term. I get your point though that's why i'm withdrawing my application for now and see how this goes. Thanks.

There are also (International) NBA players who opted not to play for their country. Those who withdrew from playing with their national team were not restrained or anything, it was purely the players decision whatever the reason is.

Campaign : TWITTER         
Twitter Username: @IamJohnSherwin         
Twitter Profile: https://twitter.com/IamJohnSherwin         
Week 49 (Aug 12-18)         
Twitter Links:         
1   Aug   12   https://www.facebook.com/AimJohnSherwin/posts/1216160961921845
2   Aug   12   https://www.facebook.com/AimJohnSherwin/posts/1216267478577860
3   Aug   12   https://www.facebook.com/photo.php?fbid=1216524088552199&set=a.282702445267706
4   Aug   12   https://www.facebook.com/AimJohnSherwin/posts/1216564958548112
5   Aug   13   https://www.facebook.com/AimJohnSherwin/posts/1216901285181146
6   Aug   13   https://www.facebook.com/AimJohnSherwin/posts/1216956861842255
7   Aug   13   https://www.facebook.com/AimJohnSherwin/posts/1217046541833287
8   Aug   13   https://www.facebook.com/AimJohnSherwin/posts/1217252755145999
9   Aug   14   https://www.facebook.com/AimJohnSherwin/posts/1217688871769054
10   Aug   14   https://www.facebook.com/AimJohnSherwin/posts/1217735991764342
11   Aug   14   https://www.facebook.com/AimJohnSherwin/posts/1217878838416724
12   Aug   14   https://www.facebook.com/AimJohnSherwin/posts/1217976141740327
13   Aug   15   https://www.facebook.com/AimJohnSherwin/posts/1218327821705159
14   Aug   15   https://www.facebook.com/AimJohnSherwin/posts/1218411285030146
15   Aug   15   https://www.facebook.com/AimJohnSherwin/posts/1218523628352245
16   Aug   15   https://www.facebook.com/AimJohnSherwin/posts/1218729934998281
17   Aug   16   https://www.facebook.com/AimJohnSherwin/posts/1219084034962871
18   Aug   16   https://www.facebook.com/AimJohnSherwin/posts/1219351818269426
19   Aug   16   https://www.facebook.com/AimJohnSherwin/posts/1219406748263933
20   Aug   17   https://www.facebook.com/AimJohnSherwin/posts/1219991128205495
         
         
Campaign : FACEBOOK         
Facebook Username: AimJohnSherwin         
Facebook Profile: https://web.facebook.com/AimJohnSherwin         
Week 49 (Aug 12-18)         
Facebook Links:         
1   Aug   12   https://twitter.com/IamJohnSherwin/status/1160815249785872384
2   Aug   12   https://twitter.com/IamJohnSherwin/status/1160875620567527424
3   Aug   12   https://twitter.com/IamJohnSherwin/status/1160975336353488897
4   Aug   12   https://twitter.com/IamJohnSherwin/status/1160994812956250112
5   Aug   13   https://twitter.com/IamJohnSherwin/status/1161183991430619136
6   Aug   13   https://twitter.com/IamJohnSherwin/status/1161215999171059712
7   Aug   13   https://twitter.com/IamJohnSherwin/status/1161249101658361857
8   Aug   13   https://twitter.com/IamJohnSherwin/status/1161330869904142337
9   Aug   14   https://twitter.com/IamJohnSherwin/status/1161565432425385984
10   Aug   14   https://twitter.com/IamJohnSherwin/status/1161591559479013376
11   Aug   14   https://twitter.com/IamJohnSherwin/status/1161652775140376578
12   Aug   14   https://twitter.com/IamJohnSherwin/status/1161695491496849409
13   Aug   15   https://twitter.com/IamJohnSherwin/status/1161869692325322752
14   Aug   15   https://twitter.com/IamJohnSherwin/status/1161922356882870274
15   Aug   15   https://twitter.com/IamJohnSherwin/status/1161979335504306176
16   Aug   15   https://twitter.com/IamJohnSherwin/status/1162058732194476032
17   Aug   16   https://twitter.com/IamJohnSherwin/status/1162253566230183938
18   Aug   16   https://twitter.com/IamJohnSherwin/status/1162389418012884994
19   Aug   16   https://twitter.com/IamJohnSherwin/status/1162411830397960197
20   Aug   17   https://twitter.com/IamJohnSherwin/status/1162717103692161024

Ilang linggo pa lang yang account na gamit mo kaya hindi nakapagtataka kung bakit ngayon mo lang nakita itong thread na ito. Hindi ko alam kung may account ka na dati.

Maraming impormasyon na ang naibigay at napagusapan dito, tignan mo yung mga latest info baka kasi hindi na applicable yung iba.

A recent article from cointelegraph states that blockchain and crypto related jobs continues to increase. Some takeaways from the article:

• Companies have posted 2% more blockchain-related job postings on LinkedIn versus the previous year.
• According to job site Glassdoor, there is a 40% increase in the demand for blockchain specialists for companies in the US.
• On the job seeker side, people are searching for blockchain jobs twice less than during Bitcoin’s peak price of near $20,000.
• Companies now prefer full-time employees. According to blockchain platform Illuminates, again as reported by CoinTelegraph, the decrease in remote jobs might be related to “unprofessional subcontractors with fake portfolios, co-founding relations, client promises and payment delays, etc”.

credits to bitpinas for the summary

Pagdating naman sa Pinas, alam naman natin na medyo nahuhuli tayo pagdating sa ganito pero tataas din ang awareness at magiging in demand din dito sa susunod na mga taon. Kung may anak ka, kaibigan o kakilala na papasok sa kolehiyo, maganda siguro kung maaga nilang matutunan ang blockchain tech para pag oras na pumutok na dito eh nauna na sila. Sa ngayon may kaunti pa lang na paaralan ang nag-offer ng mga blockchain related courses (courtesy of companies like NEM) dito sa Pinas pero marami din naman online resources na pwede pagkuhanan ng kaalaman.

---

Other suggested threads:
Blockchain Directory Philippines
List of Universities Offering NEM Blockchain Courses in the Philippines[/]

Dagdag sa crypto related activities na nabanggit sa pangatlong gabay:

Kung isa kang bounty/airdrop hunter, magkaiba din dapat ang email sa mga exchanges at yung sinusumite sa mga bounties/airdrops.

Kaya marami madalas natatanggap na spam dahil expose ang mga emails sa spreadsheets.

Congrats on your latest achievement @TalkStar

---

Congrats! I recently saw you getting active in our local board. Looking forward to seeing more of your informative posts there.

---

Aside from locals being generous, our board also had some help from @Darkstar_

---

 
Congrats @finaleshot2016

Matagal na pala yung issue.

Mga posibleng dahilan:
- nagkaproblema system nila at natatagalan sila ayusin
- kulang na sila ng pera (less likely)
- under investigation ang account mo

Hindi ko pa naranasan yan. Nagka-problema lang ako sa availability ng cash sa mga outlets nila like LBC pero yung cashout mismo, mabilis naman. Bali ang withdrawal is from CoinsPro to Coinsph to partner outlets like LBC.

Nabasa mo na ba itong malupit na gabay ni @GreatArkansas ?
[GUIDE] Sekretong Malupit sa Pag Convert to PHP sa Coins.ph!

Actually may mga blockchain/crytpo events na din sa Cebu the past year and months sponsored by both local and international groups.

I found this group and it looks like they organizes a monthly meet up in Cebu. Check their forum at https://www.meetup.com/Cebu-Blockchain-meetup/
You can also contact them via telegram https://t.me/blockchaincebu


P.S.
If you ever organize an event, feel free to add them on this thread    
[EVENTS] Blockchain Meet Ups/Conferences in the Philippines (includes Fintech)

Week 4 (Aug 8-14)         
         
Twitter Link: https://twitter.com/IamJohnSherwin         
Your Number on the Spreadsheet: 185         
         
Retweets:         
1   Aug   9   https://twitter.com/IamJohnSherwin/status/1159819588865089539
2   Aug   11   https://twitter.com/IamJohnSherwin/status/1160581679355977728
3   Aug   12   https://twitter.com/IamJohnSherwin/status/1160816271384096769
         
Tweets:         
1   Aug   12   https://twitter.com/IamJohnSherwin/status/1160968466922397704
2   Aug   13   https://twitter.com/IamJohnSherwin/status/1161223290616188929
3   Aug   14   https://twitter.com/IamJohnSherwin/status/1161687133796675584
         
Comments:         
1   Aug   12   https://twitter.com/IamJohnSherwin/status/1160819657777061888
2   Aug   13   https://twitter.com/IamJohnSherwin/status/1161218462032781312
3   Aug   14   https://twitter.com/IamJohnSherwin/status/1161682162615226374
         
         
Reddit Link: https://www.reddit.com/user/John_Sherwin/         
Your Number on the Spreadsheet: 54         
Posts:         
1   Aug   12   https://www.reddit.com/r/altcoins/comments/cpfr9z/no_browser_download_needed_to_earn_crypto/
2   Aug   13   https://www.reddit.com/r/CryptoNews/comments/cprcd5/verasity_vrab_monthly_update_august_2019/
3   Aug   14   https://www.reddit.com/r/BlockchainStartups/comments/cqcm4v/verasity_rewards/
         
Comments:         
1   Aug   12   https://www.reddit.com/r/Verasity/comments/cp8cx3/vrab_trading_is_now_live_on_binance_dex/ewp2gk2/
2   Aug   13   https://www.reddit.com/r/Verasity/comments/cpqjm9/verasity_vrab_monthly_update_august_2019/ewr2umc/
3   Aug   14   https://www.reddit.com/r/Verasity/comments/cpnlx3/43m_vravrab_staking_slots_are_open_great/ewv8owb/