Bitcoin Use In Philippines

[fox19891989]

There are also weekly meetups with the Bitcoin Organization Philippines every Wednesday in Makati!

Really? Where in Makati? I worked @ Ayala near Makati Med.

Ayala center is Makati center, I am new here, cool, you can join that easily, and I wanna join too, is there any website or link to show us? So when I am free I can visit you guys, but I think I only have vacations on Sunday, but not on Wednesday. 

[cbeast]

If any bitcoiners are in CDO, I would like to arrange a meetup.

[Emerge]

There are also weekly meetups with the Bitcoin Organization Philippines every Wednesday in Makati!

Really? Where in Makati? I worked @ Ayala near Makati Med.

Ayala center is Makati center, I am new here, cool, you can join that easily, and I wanna join too, is there any website or link to show us? So when I am free I can visit you guys, but I think I only have vacations on Sunday, but not on Wednesday. 

Join the Facebook Group!
Add me up and I'll add you in:
https://www.facebook.com/GMdpinoy13

If any bitcoiners are in CDO, I would like to arrange a meetup.

I'm sure the BOP also has meetups there from time to time.
Add me on Facebook! Check it out above.

[harizen]

Join the Facebook Group!
Add me up and I'll add you in:
https://www.facebook.com/GMdpinoy13

I add you now mate. Im jesriel. Show me the event schedule. Thanks.

[Emerge]

Join the Facebook Group!
Add me up and I'll add you in:
https://www.facebook.com/GMdpinoy13

I add you now mate. Im jesriel. Show me the event schedule. Thanks.

Added you into the BoP Group.

[harizen]

Join the Facebook Group!
Add me up and I'll add you in:
https://www.facebook.com/GMdpinoy13

I add you now mate. Im jesriel. Show me the event schedule. Thanks.

Added you into the BoP Group.

Theres no notification. 

[Emerge]

Join the Facebook Group!
Add me up and I'll add you in:
https://www.facebook.com/GMdpinoy13

I add you now mate. Im jesriel. Show me the event schedule. Thanks.

Added you into the BoP Group.

Theres no notification. 

Admins are adding you in, just be patient
They're still probably offline.

[harizen]

Join the Facebook Group!
Add me up and I'll add you in:
https://www.facebook.com/GMdpinoy13

I add you now mate. Im jesriel. Show me the event schedule. Thanks.

Added you into the BoP Group.

Theres no notification. 

Admins are adding you in, just be patient
They're still probably offline.

Sorry. I thought its automatic. ok I will wait.

[DaddyMonsi]

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised 

[harizen]

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised  

That's why while explaining let him/her enter the btc world itself to see to their self what it is all about. Patience is the main ingredient here.

Real Talk : Some of Pinoys especially the new to BTC work like fast method in btc earnings thats why they ignoring other legit method like this simple signature campaign. In two of the forum I regularly visit , I warned them about ponzi sites a months ago but ignores me because of passive income they are getting effortlessly. Now they are all crying and speculations came up to their mind now especially in scrypt.cc and newly closed cloudminr.

[dothebeats]

There are also weekly meetups with the Bitcoin Organization Philippines every Wednesday in Makati!

Really? Where in Makati? I worked @ Ayala near Makati Med.

Ayala center is Makati center, I am new here, cool, you can join that easily, and I wanna join too, is there any website or link to show us? So when I am free I can visit you guys, but I think I only have vacations on Sunday, but not on Wednesday. 

Join the Facebook Group!
Add me up and I'll add you in:
https://www.facebook.com/GMdpinoy13

If any bitcoiners are in CDO, I would like to arrange a meetup.

I'm sure the BOP also has meetups there from time to time.
Add me on Facebook! Check it out above.

I added you sir, kindly accept me so that I can check out the group. I've been looking for a group that has some active members and has meetups all over the place so I can join in. Btw, if ever I joined the meetup, I will be the youngest (well at least one of them) in the group.

[harizen]

Nice. Hoping to see more Bitcointalk Pinoy members there. 

[dothebeats]

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised  

That's why while explaining let him/her enter the btc world itself to see to their self what it is all about. Patience is the main ingredient here.

Real Talk : Some of Pinoys especially the new to BTC work like fast method in btc earnings thats why they ignoring other legit method like this simple signature campaign. In two of the forum I regularly visit , I warned them about ponzi sites a months ago but ignores me because of passive income they are getting effortlessly. Now they are all crying and speculations came up to their mind now especially in scrypt.cc and newly closed cloudminr.

That's how gullible and hard-headed people learn: the hard way. Also, patience should be present in you if you intended to teach them how to use bitcoin and what are the underlying concepts beneath it. Many of our kababayans still think that USD and PHP is still better compared to other assets they can convert their cash into and use as a form of investment. I will also give my opinion on the state of bitcoin usage in the Philippines: only the enthusiasts are willing to take the risks as of this time. Normal Filipinos still stick to USD and PHP believing that it is the better way to store their assets. Maybe in time, Filipinos will think that bitcoin could at least help them (especially the OFWs) to send, receive, and store their money without the hassle and having full control of it. Maybe, just maybe. Not sure what will happen in the future, given that Filipinos generally follow what is the trend on-going on some countries.

[Emerge]

I'm not sure who adds me so please tell me na rin sa PM kung sino kayo haha thanks!
Good luck to all of us Filipinos with Bitcoin.

Regards,
JM Erestain

[Dotakels]

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised  

That's why while explaining let him/her enter the btc world itself to see to their self what it is all about. Patience is the main ingredient here.

Real Talk : Some of Pinoys especially the new to BTC work like fast method in btc earnings thats why they ignoring other legit method like this simple signature campaign. In two of the forum I regularly visit , I warned them about ponzi sites a months ago but ignores me because of passive income they are getting effortlessly. Now they are all crying and speculations came up to their mind now especially in scrypt.cc and newly closed cloudminr.

That's how gullible and hard-headed people learn: the hard way. Also, patience should be present in you if you intended to teach them how to use bitcoin and what are the underlying concepts beneath it. Many of our kababayans still think that USD and PHP is still better compared to other assets they can convert their cash into and use as a form of investment. I will also give my opinion on the state of bitcoin usage in the Philippines: only the enthusiasts are willing to take the risks as of this time. Normal Filipinos still stick to USD and PHP believing that it is the better way to store their assets. Maybe in time, Filipinos will think that bitcoin could at least help them (especially the OFWs) to send, receive, and store their money without the hassle and having full control of it. Maybe, just maybe. Not sure what will happen in the future, given that Filipinos generally follow what is the trend on-going on some countries.

Its a great help when the OFW's used bitcoin, because they are great help to teach our kababayan's what is bitcoin is. and also its a great help to develop the usage of bitcoin, also its a big help to philippines to easily adopt bitcoin.

[zeraTunerse]

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised 

Yes and I think that many of the people are not having bank accounts in philippines so bitcoin would serve their purpose they can easily use it for shopping and stuff and they dont require bank account for that so it can create an revolution in philippines and I believe the government should make it legal.

[harizen]

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised 

Yes and I think that many of the people are not having bank accounts in philippines so bitcoin would serve their purpose they can easily use it for shopping and stuff and they dont require bank account for that so it can create an revolution in philippines and I believe the government should make it legal.

It's legal here in PH .Plus even without bitcoin people here can do shopping without bankaccount. The benefits for PH people here is we have another option plus the bitcoin price depends on USD exchange and not on BTC to PHP exchange. It's an advantage somehow.

[Emerge]

Hey guys, just wanted to let you know, if you need any help, have any news tips, or need a press release done,
feel free to contact me, I'm the owner of the NewsBTC Philippines franchise.

Regards,
JM Erestain

[moni3z]

Bitcoin is ripe for mass adoption in the Philippines, but only after some major hurdles can be addressed. Some of these are:

• Most Filipinos earn about PHP300 or less for a full day's work.
• Smart phones (Android & iPhone) ownership is not that prevalent with Filipinos, however it is slowly growing as their purchase price drops. Now you can get a second-hand one for about 3 to 5 days salary.
• Internet access costs PHP5 (about 10 minutes labour) per 15 minutes.
• Free WiFi is not readily available except in very limited locations in major cities.
• Most Filipinos are un-banked (cash is king) and do not trust/respect banks.
• Very few Filipinos have access to or have a credit/debit card, although those with a bank account do normally have an ATM card linked to their account(s).
• There are very few businesses in the Philippines that accept bitcoin as payment. Those few that do are mainly in Manila.

Most Filipinos are familiar with (and many use) pera padala (money remittance) businesses within the Philippines to send money between family and friends in the Philippines. Every major town and almost every small town has at least one pera padala business. These businesses accept cash, charge a fee of about 2% to 3%, and have cash available for the receiver to collect within a few minutes. Most of these remittance amounts are usually well below PHP5000 (about USD100).

The Philippines, with a population of over 100 million, is currently served by two major local bitcoin exchange businesses; coins.ph and BuyBitcoin. Both appear to be well operated, economical, and offer normal exchange services as well as some value-added services. When exchanging bitcoin into PHP, both offer bank deposits (free) and pick-up through pera padala businesses (for fee a little above what they are charged  by the para padala business).

For the short-term future, I see the main use of bitcoin in the Philippines to be for remittances into and out of the country. Intra-country use will not develop until the Filipino can see an advantage in its use over cash.

Remittance out of the Philippines via Bitcoin is in demand as wiring money out is expensive and subject to all sorts of government interference and investigation, but remittance to the Philippines will be hard to compete with. For example when I had an employee there under a 6mos contract I simply walked into Metrobank here in Canada and paid less than $10 to deliver cash directly to his house same day service. Localbitcoin trading was a problem because of security, there was nowhere he could go and change around $500USD worth of cash in public without getting jacked by criminals watching unless you live around Makati secure areas. 

[Dotakels]

slowly i think Filipinos will accept use of BTC
but not in the province side
more likely in huge developed cities
i even tried to explain it to my friend and i ended up giving up because of the questions being raised 

Yes and I think that many of the people are not having bank accounts in philippines so bitcoin would serve their purpose they can easily use it for shopping and stuff and they dont require bank account for that so it can create an revolution in philippines and I believe the government should make it legal.

It's legal here in PH .Plus even without bitcoin people here can do shopping without bankaccount. The benefits for PH people here is we have another option plus the bitcoin price depends on USD exchange and not on BTC to PHP exchange. It's an advantage somehow.

and also its advantage is student can used bitcoin liked here some of the university here in philippines are using bitcoin, its a great help for us to pay our tuition and also our daily expenses.