I'm not particular about Philippine government talking about the operation and acceptance of bitcoin, but I was heard Union Banks planned to adapt bitcoin business here in the phillipines, if I am not wrong, it was last february second week the union bank manager interviewed from television network. But there is also a conflict, because last month of january 2018, the central bank of the phillipines warns all investors in bitcoin to be careful because of the total risk in the future. About bitcoin in the phillipines, the total operation of bitcoin is highly smooth, transactions are fully done, although bitcoin is only instruments to become money but in the phillipines bitcoin is freely operated.

It depends on how a society being cashless, as what I have seen of some ideas that shared and posted, they are focusing societies without using money instead they used credit cards. In that particular answers, that kind of societies are highly economically developed, and of course bitcoin there will survive. But, when we talk about cashless society without circulation of money or without money being use to buy for something for their daily needs and their economic source of income is only agricutural products which they are using a term of barter or changing of goods, in that particular societies, bitcoin cannot survive. And as of this moment, many societies are belong to the level of a very extreme poor community or society, and without any internet connection and mostly no supply of current that produce lights at night or current energy supply, they are only using lamp at night as their source of lights. So, therfore that kind of society is no longer knowledge about bitcoin, and bitcoin there cannot survive.

This question is not new for me, a month ago, I was already saw this kind of question in the forum. If we talk about cryptobanking system, for me, it is not easy to build or establish, because crypto business is not directly endorse by the government, and if we build a structures that accepts depositors of crypto it is already done by the approval of government with a building permit by government, if we try to analyze the conflict is there, crypto business is something anonymous and mysterious people around these particular business. So, it is hard to build a bank of crypto because of the total conflict, the only thing that I believe today is only some banks accepts cryptocurrency transactions.

If we are just posting without joining any campaigns, we don't have any income or earnings, only we can earn additional count of post activity on our profile, that's only a benifits earnings from posting without campaign, only activity count. Posting also having a rules of limitations, with time required on which we are able to post another answer that meet the required time being implemented by the management. So, we better search any upcoming campaign, so that all of us can earn money.

All of us are planning and thinking about the good future of our life's, mostly investors who invest big amount on bitcoin, it is because they are planning for their good future. In bitcoin business, if we are wisely using our ability and knowledge, it is not impossible, that all of us were having a bright and good future someday. Mostly people that live's in a life of hardship and lack of financial stability are those people who don't have enough preparation and good planning.

There is no direct connections between merit system and our economy, merit system is only beyond bitcoin management. And when the merit system of bitcoin starts and implemented, I was noticed that there are some selling of bitcoin accounts, especially rank between member and full member, because they explain me to buy accounts it is because there is no chance to be promoted because of the merit system. But I refused to buy bitcoin account because, I was totally afraid the rules that only one account in every person allowed and multiple account is not allowed.

This is another question that people answers more on speculation ideas, actually other cryptocurrencies today are born when bitcoin is already operated. And if we try to look at the market system of all cryptocurrencies, on how the price of every cryptocurrency being moved, they are all act like a sister company, because when bitcoin down their value all kinds of crypto also follows. We cannot determine that there is a competition in the market about cryptocurrencies. (Correct  me if I'm doing a wrong statement.)

If we have already an application wallet or any kinds of wallet that built on our gadgets that fit to make any transactions by exchanging our bitcoin into fiat or into a real paper money, it simply easy to make any widrawals, that's actually being made by some people in my country. Because different countries are different system of establishments but it is likely the same forms of transactions. In my country, people made a widrawals mostly in international remmitance company, some also made widrawals by banks.

Everybody knows that cryptocurrency can be manipulated, but only few personalities can manipulate cryptocurrency. If we talk about the manipulation system, it is likely similar the words speculation and prediction. Because there is no personalities being found or being caught that she or he is the one who manipulates. It is only something suspected, because we are only suspecting that there is a manipulation when price rapidly down and likewise when rapidly rise, our speculation on that are manipulation. Some people says that there is a big investor who invest large capital that's why price higher, and when price go down, some people also says that large investors selling their assets or their stocks that's why price go down. I am totally ruin, maybe crypto management cannot be manipulated because they are developer and promoter.

When we say the statistics survey of cryptocurrencies, it is mostly more on estimated system, because I don't ever heard any news that reveals about transactions of cryptocurrencies being made day by day, and how many people being registered. I only heard about tv news that cryptocurrencies transactions grows for about 20% compare last year, but there is no specific answer about the volume of users and their transactions. If we try to search about establishments and institutions who accept cryptocurrency like bitcoin are only few. Hopefully that there is a person can reveal the exact answer.

I was working in a international company, a very known fasfood chain, and one of my co-workers introduced and teaching me on how to access bitcoin and actually she is a woman, and she tells a lots about bitcoin by clearly explaining about bitcoin functions. She tells me about the status of bitcoin towards people, and majority of my co-workers who accessed bitcoin are a woman, they are a professionals with a position of managers and the other one is accountant. So, we cannot underestimate women's ability and their capability because there are some woman that more knowledgeable than man.

I think, it really helps to the people that out of school youth, but only to those who accessed bitcoin, and interested to work on bitcoin business, not totally all people that out of school youth are benifited from bitcoin, there are few only, because there are some people that out of school youth, don't have any ideas and knowledge on how to access bitcoin. If we look the status of bitcoin business, it is not actually open in the public, there are only few people learn about bitcoin, that's why, not totally all people that out of school youth have knowledge about bitcoin business.

As what I have been heard before about the news that banks of america stopped acceptance of bitcoin transactions, it was something name merril lynch banks, correct me if I am wrong. But, it was not a total bad effects of crypto business, although it was something affects the total operation on that area, but there was a certain analysis, that it is only a threat from government leaders to force crypto business ask assistance from the government.

As ot this moment, I have no enough bitcoin to build or start any other business, but I try my best that soon, I can earn and gain a lots of bitcoin which used to build and start a business, and hopefully all my dreams to earn bitcoin will come true, with the used of my knowledge and effort, and also to the good management of bitcoin, with their enough contribution to the people having enough time and making effort on how to participate by working in bitcoin or by joining campaign.

If we talk about regulations and the securities status of cryptocurrencies like bitcoin, it is already done by the bitcoin management, they already provide a strong security to their site to avoid scammers, but on the other side between crypto business and government, I don't ever heard any regulation and securities that protects people who access cryptocurrency like bitcoin. It is only the management solely having the regulations and securities to their customers and without any assistant from the government, maybe the purpose of bitcoin management is to avoid direct control of government and also to evade any force of taxes payments.

Many people afraid on what being happen about bitcoin future, no one can answer it correctly, except the creator of bitcoin, and hopefully bitcoin grow up, by the power of good management. We really knows that all of us are having a total concern towards bitcoin management, and we are all worried if there are some negative issues about bitcoin, as a bitcoin fan, we can support by way of getting and sharing positive ideas, which can helps to the bitcoin management made a good decisions that people will directly benifits.

Money is actually our primary basic needs and used to survive to buy something for our daily needs, it is a main based to our economic function which used to provide strong relation towards humanity, if we look back before that money is not yet used by people, they actually adopt the system of barter, and the most powerful parts of economic source at that time is agricultural products, unlike today, we are highly developed and our economic system is adopt the new technology system thats why money today is our strong currency as our medium of exchange. As cryptocurrencies born, most especially bitcoin, we noticed that their value are higher compare to real money, so far, cryptocurrency helps and improves the total development of our economic system nationwide, because cryptocurrency are acceptable globally as an instrument to make money or convertible into real money.

The rational economy with bitcoin are surrounded differents system and procedures that cause and affects relationships in the market, if we try to look at the price ratio and their value, it is actually under control by the developer or the administrators by the power of the generous creator of bitcoin. The price also of bitcoin is not fixed, that customers and investors are only estimated on what the price of bitcoin being moved up and down, and a lots of investors disatisfied the equivalent percentage of transactions charges. But, eventhough transactions payments high, but still more and more people interested to invest because of the total contributions of income that mostly people invested were totally gain double and their capital invested will positively grows.

Prediction is a common thing about bitcoin discussions, and not all people having a good predictions about bitcoin future's, some people says that bitcoin will become more popular in the coming days, and their price value will become higher. There are some people also says that bitcoin future will become worthless, but we really knows about the good contributions of bitcoin in terms of cash income to the living people. And it is a good sign to make bitcoin grow and become popular all over the world, and it also affects price grows higher as what predicted by somebody that someday bitcoin price worth 50,000 U.S dollar.

This a common things that always happened about bitcoin business, it is sad to say that a lots of people says about bitcoin is a scam. Their accusations has a negative impacts in bitcoin business, but actually that people says bad things about bitcoin are nothing and empty of knowledge about, on how to access bitcoin. This is what happen based on my community experience about people talking bad about bitcoin. Many times I made a good explanations about the good contributions of bitcoin but some people did not believe me, but there are persons also understand and believe bitcoin and also interested to join. If we encounter some personalities that don't ever trust bitcoin, we better not to force them to believe, but sooner or later that kind of people are learn from their mistakes.