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Author Topic: Do bitcoin accepted in your country?  (Read 14806 times)
canah17 (OP)
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July 23, 2016, 12:14:12 PM
 #1

Hi, bitcoin users i am from the Philippines. Willing to know if bitcoin is accepted to in your country. Because right now i have used one service that allows me to pay online or shopping buy steam and load so i am wondering if bitcoin is being used or known in your country.    Huh Huh Huh Huh
jamesl22
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July 23, 2016, 12:17:33 PM
 #2

You can get to know the legitimacy of Bitcoin for each country by following this link: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

According to Philippines: "On 6 March 2014, Bangko Sentral ng Pilipinas (BSP) issued a statement on risks associated with bitcoin trading and usage. Bitcoin exchanges are not regulated by BSP at the moment."

There are also 7 merchants who accepts Bitcoin in Philippines: https://www.techinasia.com/bitcoins-spend-7-merchants-accepting-bitcoins-philippines

Lastly, you can visit your local board here: https://bitcointalk.org/index.php?board=219.0
in case you have any further queries.
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July 23, 2016, 12:37:37 PM
 #3

Those people who know about bitcoin and who have adopted bitcoin definitely accept bitcoin whenever we come to deal with them for any thing, but unfortunately they are not the sellers of anything, they are either online earners or ex-changers.
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July 23, 2016, 01:14:52 PM
 #4

It's not accepted here in Algeria , even MasterCards and Visa aren't accepted at shops lol.

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July 23, 2016, 01:30:50 PM
 #5

Yes but in a small scale at the moment. Still too early for it to be widely accepted in most countries. About it's usage and being known, yes there's many bitcoin users here but our ways of spending is very limited for now.
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July 23, 2016, 01:35:03 PM
 #6

Bitcoin is accepted in almost every thing online.
Yes there are also some bitcoin exchanges in my country but its not being used offline yet in my country.
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July 23, 2016, 01:37:33 PM
 #7

when it comes to online merchants in my country accepting bitcoin as payment tool, then there are quite a few. but when it comes to local businesses accepting bitcoin, then there are barely any. there are 2 bars where you can pay with bitcoin for your beer and other drinks, but you'll need to drive around 30 kilometers to get there. i have been there once just to see how it is, but never again as it's not worth it for me to drive there for a few beers.
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July 23, 2016, 01:43:44 PM
 #8

There are several companies as merchants working with bitcoin, but just online, on the real life there are some developers companies accepting bitcoin as payment, in your situation  i would try to sell the coins and use the fiat otherwise save and hold your coins, one day people will use bitcoin more then today.
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July 23, 2016, 01:46:33 PM
 #9

Bitcoin is accepted in almost every thing online.
Yes there are also some bitcoin exchanges in my country but its not being used offline yet in my country.

Yeah using bitcoin online is very good at a moment but its not widely accepted offline everywhere yet and it will take a long time in my country to happen that.
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July 23, 2016, 01:49:07 PM
 #10

There are a lot of physical shops and bars accpeting bitcoin in the Netherlands.

In Arnhem alone, there are a lot: http://www.arnhembitcoinstad.nl/#deelnemers They are even promoting themselves as bitcointown now. Online there are even more possibilities.
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July 23, 2016, 01:51:01 PM
 #11

Yea bitcoin is accepted in my country and 1% online buys and sales in my country Croatia are with bitcoin cryptocurrency so I think that then bitcoin have huge potential to grow minimum  50000$ per piece.I think that bitcoin price will forever be 50000-100000$ per piece.
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July 23, 2016, 01:51:17 PM
 #12

Never accepted for a merchant,store and another like that, but in my country, the people is free to use a bitcoin as they want. but for you know in my country isn't recommended to buying goods from foreign because the taxes is very high. Sad at this time a lot of people in the process of learning about bitcoin.

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July 23, 2016, 01:55:18 PM
 #13

Hi, bitcoin users i am from the Philippines. Willing to know if bitcoin is accepted to in your country. Because right now i have used one service that allows me to pay online or shopping buy steam and load so i am wondering if bitcoin is being used or known in your country.    Huh Huh Huh Huh
bitcoin is already widely used in my country. however today bitcoin mash has not been recognized and guaranteed by the government. no financial institution that guarantees bitcoin. any regulations made still uncertain.

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July 23, 2016, 01:57:25 PM
 #14

Hi, bitcoin users i am from the Philippines. Willing to know if bitcoin is accepted to in your country. Because right now i have used one service that allows me to pay online or shopping buy steam and load so i am wondering if bitcoin is being used or known in your country.    Huh Huh Huh Huh
It's free in my country, maybe the government doesn't make any legitimate for bitcoin but they not ban bitcoin or prevent that. bitcoin is starting to distribute in my country and a lot of people is want to learn about that.

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July 23, 2016, 02:08:50 PM
 #15

Bitcoin is accepted in my country but the only place i know in my city that actually accepts it was cex but when i went in there and tried to do a bitcoin transaction noboddy in their knew how to do it then the one guy who did informed me that they didnt actually do it at that branch so it was a little disappointing.

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July 23, 2016, 02:09:09 PM
 #16

hmm.. i am from nepal and here people have recently started to hear about bitcoins and only few are using it in my guess but in soon future i know there will be more bitcoin users here and it will be completely be accepted here too !
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July 23, 2016, 02:11:04 PM
 #17

No in my country Bitcoin is illegal currency. So the government will not entertain this currency. But those who know about Bitcoin they are making money from it. Means they will make Bitcoin from signature or gambling or any other work. And they will sell Bitcoin to a 3rd party or any sites. But still, many people surrounding me they don't know what is Bitcoin.
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July 23, 2016, 02:11:48 PM
 #18

In Singapore, there isn't any clear regulations laid out for Bitcoins and hence many merchants are wary of using it. AFAIK, there are only several cafes and bars that accept it. There is however, several Bitcoin ATMs around here and I often see the most popular one getting the coins sold out.

Of course, there's a lot of shops accepting it online though it isn't based in Singapore.

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July 23, 2016, 02:24:22 PM
 #19

Bitcoin is by authorities still considered as monopolly money here in Croatia but i think we are making some small progress. We have BTM machine in Zagreb citty where i live and i think there will be few more at other cities soon. It is still not accepted at any real store though but even this is better than nothing.
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July 23, 2016, 02:30:20 PM
 #20

In September 2014, Bangladesh Bank said that "anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws"

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