Bitcoin Use In Philippines

[knowhow]

well is very good to know that a country is using bitcoin to do several things already like normal fiat

[rbscebu]

Best of luck with it, having a lot of sari sari stores taking Bitcoin would be interesting.

It's not as hard as it may appear. All I need to find is a sari sari with WiFi available and a smartphone or tablet. The all the sari sari then needs to do is open an account with one of the Philippines bitcoin exchanges and they are ready to accept bitcoin.

Of course, there will be a learning curve for the sari sari, but that is where I can help (gratis). I doubt that the sari sari will get much bitcoin trade, however it will certainly be a good promotional tool. It could be the first sari sari in the Philippines to accept bitcoin!

[Dabs]

No sari sari store has wifi available. None. They won't bother because that means extra expenses. People don't stick around the store anyways. They buy their stuff and go.

The sari sari store probably sells cell phone load... The operator can have internet access, and use an app on their smart phone, to accept bitcoin. I don't really see that happening.

[ThEmporium]

This is good news for Philippines People, when Bitcoin transactions get more prevailed into the middle east, that would be hassle free for Filipinos, since Saudi Arabia is currently the largest hirer of Overseas Filipino Workers, and has the largest Filipino population in the Middle East, and are the second-largest source of remittances to the Philippines.

[Dotakels]

No sari sari store has wifi available. None. They won't bother because that means extra expenses. People don't stick around the store anyways. They buy their stuff and go.

The sari sari store probably sells cell phone load... The operator can have internet access, and use an app on their smart phone, to accept bitcoin. I don't really see that happening.

Hahaha its not a big problem they can went or buy into a shopping online site and then they can bought want they want, and if you are thinking they just want to buy into a sari sari store they just want to buy some foods so that they not going to a market and pay a fare from jeepney or taxi, they can use fiat money because they just only bought a food with only low price.

[harizen]

No sari sari store has wifi available. None. They won't bother because that means extra expenses. People don't stick around the store anyways. They buy their stuff and go.

The sari sari store probably sells cell phone load... The operator can have internet access, and use an app on their smart phone, to accept bitcoin. I don't really see that happening.

Agree. They won't prioritize that system. For grocery stores or department stores it's possbile but for sari sari ? 100% negative.

[knowhow]

well it will go slowly since several ways to spend bitcoin already there is a question of time to those big companies and medium and firsts small ones enter on bitcoin world

[rbscebu]

I have found a sari sari with WiFi. Fortunately this store is only about 50m from where I live. Their WiFi is not (yet) for public use. They only use it for household members.

Next step is to find the most tech savvy in their family and determine if they are interested in playing around with bitcoin.

Just a wild thought - OFW sends bitcoin direct to his/her family. A family member goes to the local sari sari and converts the bitcoin to cash at the current exchange sell rate, for say PHP10 + a 1% commission.

[Dotakels]

No sari sari store has wifi available. None. They won't bother because that means extra expenses. People don't stick around the store anyways. They buy their stuff and go.

The sari sari store probably sells cell phone load... The operator can have internet access, and use an app on their smart phone, to accept bitcoin. I don't really see that happening.

Agree. They won't prioritize that system. For grocery stores or department stores it's possbile but for sari sari ? 100% negative.

Because if we used our common sense, bitcoin is only for a big money, and not just only for a small money like 100 pesos and below. 101 percent not applicable for sari sari store.

[Btree]

Sorry im not fom piliphine
just want to know how many merchand accept bitcoin ?

i have schedule to visit piliphine in the next year, and i want to use bitcoin if that can accept by store

[harizen]

Sorry im not fom piliphine
just want to know how many merchand accept bitcoin ?

i have schedule to visit piliphine in the next year, and i want to use bitcoin if that can accept by store

There are many merchants here that accepting BTC as payment but if you mean stores that accepting bitcoin as a live payment , as far as my knowledge is concern , there is no live store here that take live btc as payment . All are done with the website that offers btc services like coins.ph.

[Dotakels]

Sorry im not fom piliphine
just want to know how many merchand accept bitcoin ?

i have schedule to visit piliphine in the next year, and i want to use bitcoin if that can accept by store

There are many merchants here that accepting BTC as payment but if you mean stores that accepting bitcoin as a live payment , as far as my knowledge is concern , there is no live store here that take live btc as payment . All are done with the website that offers btc services like coins.ph.

Yes you can used coins.ph to exchange your bitcoin into peso and no stores are accepting bitcoin, but more on company, because filipino are believing in peso even if the money in the circulation are short.

[harizen]

I hope load rebate in prepaid load in coins.ph will rise from 5% to 10%+ It will kick out my prepaid business load.

[knowhow]

well the philiphines is on the best way to adopt bitcoin soo it will be accepted soon i hope in several places soo it can become a tourist tour with bitcoins payments

[Dotakels]

well the philiphines is on the best way to adopt bitcoin soo it will be accepted soon i hope in several places soo it can become a tourist tour with bitcoins payments

I am excited with it, less effort ,less credit card or atm. And you don't need to wen into atm machine to withdraw your money, you should only need is internet access, and many of public places here in philippines have a free internet that enough to send coins to the particular address.

[Btree]

Sorry im not fom piliphine
just want to know how many merchand accept bitcoin ?

i have schedule to visit piliphine in the next year, and i want to use bitcoin if that can accept by store

There are many merchants here that accepting BTC as payment but if you mean stores that accepting bitcoin as a live payment , as far as my knowledge is concern , there is no live store here that take live btc as payment . All are done with the website that offers btc services like coins.ph.

Yes you can used coins.ph to exchange your bitcoin into peso and no stores are accepting bitcoin, but more on company, because filipino are believing in peso even if the money in the circulation are short.

Thank's for your information
Im registered coins.ph in last month, but i need bank account to withdraw in peso

any simple ATM in philipine ? where i can convert my bitcoin to Peso ? 

[harizen]

Sorry im not fom piliphine
just want to know how many merchand accept bitcoin ?

i have schedule to visit piliphine in the next year, and i want to use bitcoin if that can accept by store

There are many merchants here that accepting BTC as payment but if you mean stores that accepting bitcoin as a live payment , as far as my knowledge is concern , there is no live store here that take live btc as payment . All are done with the website that offers btc services like coins.ph.

Yes you can used coins.ph to exchange your bitcoin into peso and no stores are accepting bitcoin, but more on company, because filipino are believing in peso even if the money in the circulation are short.

Thank's for your information
Im registered coins.ph in last month, but i need bank account to withdraw in peso

any simple ATM in philipine ? where i can convert my bitcoin to Peso ? 

You don't need any bank account in oder to convert your bitcoin in Peso in coins.ph because there are many options to cashout your btc to peso without the use of it in coins.ph.

One of the best option is the Cardless ATM Instant Payout (24/7) EgiveCash option in cashout (sell) . All you need to do is to find a Security Bank ATM machine and you can withdraw instantly your money without the use of ATM Card and its totally free. There are many Security Bank ATM machines here in PH especially in Metro Manila.

Just read the full instructions @ coins.ph.

[Amph]

well the philiphines is on the best way to adopt bitcoin soo it will be accepted soon i hope in several places soo it can become a tourist tour with bitcoins payments

I am excited with it, less effort ,less credit card or atm. And you don't need to wen into atm machine to withdraw your money, you should only need is internet access, and many of public places here in philippines have a free internet that enough to send coins to the particular address.

and don't forget less dumping, which mean more value for bitcoin, because if everyone will use it directly, they need to buy it first, and the only thing thqat is holding back bitcoin from rising is the dumping, but if you remove that issue, bitcoin is free to fly

to do this you need one single country that will accept bitcoin to a good level and you're done, Philippines could be one of those country

[Emerge]

Sorry im not fom piliphine
just want to know how many merchand accept bitcoin ?

i have schedule to visit piliphine in the next year, and i want to use bitcoin if that can accept by store

Hi, there are about 17+ Physical Merchants in the Philippines that accept Bitcoins

To all Filipinos:
If you haven't yet, visit and join the PH Bitcoin Org
https://www.facebook.com/groups/BitcoinOrgPH/?ref=bookmarks

http://bitcoin.org.ph

From there you can directly contact the owners of SCI.PH,
who own BuyBitcoins, PrepaidBitcoin, Coinage, Bitbit

[greBit]

So we are dealing with a situation where mass adoption could take place and the expected crowd is around a 100million which is a lot. The only issue here is limited resources. A great growth hurdle can be achieved when work on resource accomplishment is processed. Issues like lack of internet could cause a great discomfort.