Wag ka na umasa sa gobyerno about this. The philosophy behind Bitcoin (and other cryptocurrencies) is DEREGULATION, so asa ka pa sa gobyerno na maging katuwang mo sa mithiin na yan.

Tsaka san mo nabalitaan na regulated na sya ng BSP? Baka naman aware at ino-obserbahan lang nila at open sila about it? Pero since bahagi sila ng gobyerno (yang BSP), don't believe everything they say in mainstream media hook, line, and sinker. Sigurado, behind the scenes, may pinaplano na ang mga yan, like maybe kung pano mata-tax-an ang mga bitcoin/cryptocurrency transactions.

Ang isang simpleng "awareness campaign" na pwdeng magawa ninuman ay ang pagtatanong sa mga business owners kung tumatanggap na sila ng bitcoin bilang pambayad sa kanilang products/services, tas i-enumerate mo pa lahat ng companies dito sa Pinas na gumagawa na niyan (or at least sa ibang bansa). The more people ang gagawa nito, the more they'll realize na nahuhuli na sila sa balita, na napag-iiwanan na sila ng competition nila.

Idagdag mo pa yung fact that bitcoin's value has sextupled from January (around $1000 = 1 BTC) to October 2017 (around $6000 = 1 BTC), eh siguradong magkakandarapa yang mga business owners na yan na mag-hoard ng bitcoins, knowing how ganid they are.

May plano ba kayong mag-offer eventually ng altcoin account? Siguro kahit yung top 3-5 na most popular lang (Like Ethereum, Litecoin, Ripple, etc.). Sa ngayon kase parang wala pa sa 'Pinas ng ganito eh (I could be wrong of course, haven't googled it yet ).

Sa tingin ko may market din naman para dito, as these altcoins are gaining popularity because they have some advantage over bitcoin. Paki-tanong naman sa boss mo ser kung meron, hehe.

Curious ako sa proof na nakita mo. Baka naman niyabangan ka lang nila tas naniwala ka na agad?

Tulad ng sabi ng iba sa taas-- masyadong magastos mag-compete sa pagmimina ng bitcoin, lalo na dito sa 'Pinas, at this (late) stage in the game. Mas OK pa kung pagtrabahuhan mo na lang ang pagkakaron ng bitcoins-- mag-offer ka ng products or services na imbes na pera ang ibabayad sa yo, magpabayad ka in satoshis/bitcoins.

To OP: Will you be releasing other bitcoin-related designs? If yes, when? So excited about this!

(Btw, I'm from the Philippines, so any info on how much it will cost me for the shipping will be very much appreciated. Thanks in advance.)

Hmm.. not a fan of the large square background in your designs. It shouts "cheap" to me (no offense meant).

And you don't have any other message other than "King of Everything"? That message doesn't also sit well with me.

I probably would have believed you if you talked to just a 'small' economist. And why is that? Because, "...time and time again, the majority of economists make spectacularly wrong calls, and it is a small, despised minority that gets it right [emphasis mine]."  This, from an article entitled Economists have a century of failure behind them.

'Nuff said.

Hi wancho,

Sana nagbigay ka pa ng more info. What's the name of the company? And how do they intend to 'involve' others in their mining activities?

Ang pagmimina ng bitcoin sa ating bansa sa tingin ko ay hindi praktikal, dahil --

(1) Sobrang mahal ng kuryente natin (therefore, magastos magmina.. unless gagamit ka ng other sources of electricity, like wind & solar power maybe);

(2) Mainit sa 'tin, therefore kelangan ng matinding air-conditioning (again, magastos sa kuryente);

(3) Di-hamak na mas malulupet ang setup ng iba (like isang buong warehous na puno ng sandamakmak na rigs.. how can you compete with that?)

THIS.

I think one needs to understand that there are no completely secure online wallets (because no system is 100% secure). It's best to keep only small amounts of BTC in online wallets (just so you can use it for small purchases), but when storing your "riches," nothing beats the security of an offline wallet-- a paper wallet, or use 'cold storage' (provided that you take extra precaution to keep them secure even from your family members).

Depends on how you're receiving your bitcoin. If you're receiving it through an online wallet, then it's just there, waiting for you to do something about it when you reconnect to the internet.

But if you received it through a paper wallet, then just accept the bitcoin and when you get home, turn on your computer to print out the wallet.

Way to go, man! Spoken like a real bitcoin church pastor urging his flock to surrender their love offering! You should have also quoted Nakamoto 3:10: "Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Satoshi Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it."

(1) I honestly don't consider myself yet a bitcoin fan. Although I'm astonished at the 'great heights' it has reached in recent years, I'm still worried at its volatility in value.

(2) Yes, I'm starting to spend a lot of time researching about bitcoin. I realize that the rationale for its existence is solid; and with the support of the bitcoin community around the world, I believe it would go very far, even to the point of replacing at least some (if not all) of our fiat currencies.

(3) I got to know about bitcoin through the Facebook post of a friend. I got curious, so I read up its article in Wikipedia. I've been interested in it ever since.

(4) My friend who shared the online article about bitcoin in FB is actually a bitcoin miner (I believe). Not sure though how he's doing with his mining activities, esp. with all the 'competition' around the world among bitcoin miners.

...says Saudi billionaire investor Prince Alwaleed bin Talal. He added,


Read more of it here: https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html

What do you think guys? Does his opinion have any real or historical basis? Or is his just a misinformed opinion?

(Note: I know that this post should probably be in the child board Press, but most of the stuff going on there are just news postings and not much else. I just want to know your informed and intelligent take on his opinion. Thanks.)

Maraming salamat sa links na binigay mo, Shinpako09. I'm sure this would be very helpful sa mga newbies na katulad ko. (Sensya naman, bago lang dito, wala pang alam.  )