How bitcoin can help for working abroad specially OFW

[interknit]

In 2016, staff members within the International Monetary Fund (IMF) suggested that virtual currencies could promote financial inclusion. The IMF issued the standard cautions about how virtual currencies (VCs) might be used for money laundering, terrorism and other nefarious purposes. But it also wrote that, “VCs offer many potential benefits, including greater speed and efficiency in making payments and transfer--particularly across borders--and ultimately promoting financial inclusion.”

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1715219940

[millionaireshs]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

Bitcoin is available all over the world so they have a chance to get additional income by making investment of Bitcoin during break time and Free time or off duty. All of us benefited here but we handle it in a proper way. We don't abuse the good intentions of Bitcoin we we handle it better.

[abortive]

Many Filipinos have turned to Bitcoin as a solution. The BitcoinTalk Philippines forum is very active. A few media sources noted that Bitcoin adoption is ‘accelerating’ in the Philippines. There’s a Bitcoin ATM in Manila’s financial district. One of the biggest names of Philippines-based Bitcoin service provider also offers bill payment, credit card payment and even tuition school payments, as well as buy bitcoin service from 7-Eleven, the popular convenience store chain.

[carlisle1]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

This is one good thing for the overseas Filipino workers because they can directly send from the wallets to the other wallets and dont need to go outside just to go from money order locations

The problem is about th volatility of the coins because like now were on dip,if they bought bitcoin in high value they wouldbe in loss right now

[oninz26]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

If our fellow OFWs knows about the existence of bitcoin that is very convenient to use with fast transactions this would able to help them if they will going to send money to our country.This is also very important if they know how this works and how to earn it,that can make them get back to their family and live together without struggling financially.

[Ramtapsbtc]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

Yes its true, bitcoin enables who may never  had a bank account to transfer funds online both  domestically and internationally, gives easier access to financial services ,allowing families far away and residing  in rural areas to send and receive money payments .

[Bionicgalaxy]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

In my own personal opinion, bitcoin can help people who are working abroad especially OFW by giving themselves and extra income from investing in bitcoin, so they could also give huge money to their family in the Philippines. But i think its much better if their family should be doing bitcoin not their family in abroad so they could provide all of their needs even without the money that was given from their family in abroad.

[squog]

Virtual currencies could help everyone by means of an investment. You could set aside money and invest them on bitcoin and other altcoins or, if you have the time, do bounties and earn coins to boost up your holdings. These could be a well thst you could draw from when you sre in a tight spot with money.

[Taki]

The main help of bitcoin and all those examples that the OP called concluded in that fact, that an individual do not pay taxes from such kind of earnings yet. And actually any currency would be nice financial support with the same terms.
The main thing of crypto making is that it doesn't tie us to the one place and we can make coins by being everywhere where there is internet and a gadget with which help the individual makes those coins.

[Eureka_07]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

Bitcoin would be a great help to our OFW because it can be an alternative source of income.So, they do not need to waste their lifetime working abroad because they can work for bitcoin and that would be great because you can have your family time while working in bitcoin and that is the advantage of working in bitcoin than being ofw.

[charlemagne_15]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

There are a lot of reasons on why should Overseas Filipino Worker try bitcoin and benefits of it to them. Making the money transactions easily or less hassle is one of the benefits of bitcoin. It being their part time job can also be one. We know that we can earn in this type of sysyem all we need to do is to know it well and be knowledgeable about it. Investing in here can also help them to boost their money. Bitcoin is not bad even though you have another job. Wherever ypu are, you can have a benefits just being involve in here.

[reyanshbasu]

Bitcoin is very helpfull to all ofw investors. If they earn a good profit from bitcoin they can build their own business and just stay in philippines. In other way, ofw can use bitcoin to transfer money to thier love once  with a low and fast transaction. Bitcoin gives a lot of benefits not only to ofw but also to all bitcoin users. Just keep on investing to bitcoin. Trust it and soon it will riseand we will gain a triple profit😆

[basyang]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

Yes. I am definitely agree with you. Just like other remittance store. In the use of wallet you can also remit money where ever you are. You can send and recieved bitcoin through bitcoin wallet. And you can earn bitcoin even if you are a ofw, students, teachers, housewife, disable person and etc. You just need internet, patient and knowledge about bitcoin and your in. Even if you are different nationality everybody is welcome to use or earn bitcoin.

[rommelo24]

Bitcoin can be accepted globally so it can help many people who are working abroad, and I'm glad because there are many who legalize bitcoin.

Bitcoin can also be part of our OFW daily lives. Maybe they can participate in ICO especially during their free time. They have the resources so they may also invest higher. This will serve as a good supplementary of thier income and maybe they will come  home with the family.

[Clover_Faith]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

Actaully using bitcoin or earning through bitcoin is a big help to every people. By joining in different campaign can earn a huge amount of fiat that can sustain everyone's need.

[nethan1btc]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

Bitcoin would be a great help to our OFW because it can be an alternative source of income.So, they do not need to waste their lifetime working abroad because they can work for bitcoin and that would be great because you can have your family time while working in bitcoin and that is the advantage of working in bitcoin than being ofw.

Exactly, well to be more specific as of this days their are a lot of apps in which can easily transact via online. As we all know bitcoin is a crypto currency living in the cyberworld that gives big help to those users via abroad as can transact via online. The apps which I can say an example are the coinsbase and coins.ph applications in which can transact in any redemption outlets nationwide.

[Nhor1011]

   Bitcoin would be a great help and opportunity for everyone specially for the OFW. They can earn money without leaving their family and going to other country just to work for the sake of their family. Bitcoin can give a better living for everyone if you know very well how to use it.

[RockBar0]

The main help of bitcoin and all those examples that the OP called concluded in that fact, that an individual do not pay taxes from such kind of earnings yet. And actually any currency would be nice financial support with the same terms.
The main thing of crypto making is that it doesn't tie us to the one place and we can make coins by being everywhere where there is internet and a gadget with which help the individual makes those coins.

The first question is which countries will receive them and which countries will open the door to economic exchanges? Only if one country recognizes them, all the activities of that country will be increasingly developed. There is no such thing going around the country nor do they mind changing the money or the license to trade. I believe this will help countries grow.

[Serious475]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

I do agree that Bitcoin is really helpful for Filipinos abroad. I also agree that OFW can send their Bitcoins anywhere in the Philippines in a convenient way as long as their coins.ph is accessible. The only problem with sending Bitcoins, the value might go up or go down to the person who will receive and convert it to money. Bitcoin, specifically in this forum, can also help OFW to earn money by joining different campaigns and airdrops.

[wolfdragon]

Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
 Please share more on how bitcoin can help.

I do agree that Bitcoin is really helpful for Filipinos abroad. I also agree that OFW can send their Bitcoins anywhere in the Philippines in a convenient way as long as their coins.ph is accessible. The only problem with sending Bitcoins, the value might go up or go down to the person who will receive and convert it to money. Bitcoin, specifically in this forum, can also help OFW to earn money by joining different campaigns and airdrops.

Yes, this can be helpful to every ofw and its love ones but I think not all ofws are aware on how to use this bitcoin and I think most of them don't trust the use of bitcoin.