Pilipinas (Philippines)

[jimmy01]

Sa tingin nyu guys maipasa ang bill about Epeso?

[1714238999]

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[thebenjamincode]

Sa tingin nyu guys maipasa ang bill about Epeso?

What is money?
Money is a social convention in the sense that it is not valuable in itself, but valuable because people agree to take it as valuable. It is a medium of exchange, a tool that allows us to trade with one another without having to resort to barter, which inefficiently depends on the double coincidence of wants.

so in short explanation, magtatagumpay ang E-peso if people here in the philippines are willing to use it.

[jimmy01]

Sa tingin nyu guys maipasa ang bill about Epeso?

What is money?
Money is a social convention in the sense that it is not valuable in itself, but valuable because people agree to take it as valuable. It is a medium of exchange, a tool that allows us to trade with one another without having to resort to barter, which inefficiently depends on the double coincidence of wants.

so in short explanation, magtatagumpay ang E-peso if people here in the philippines are willing to use it.

Yun ang tanong kong willing ba na gumamit. Halos lahat gumagamit na ng internet hindi malayo na gagamit at gagamitin natin to.

[tagbond]

If we give plenty of reasons to use it, it will happen...but it probably won't be quick, it will take a few years..:-)

[thebenjamincode]

well on what i have observed kasi sa crypto currency, most of the coins aim to make money rather than to be money.

[tagbond]

If you make the coin only mineable via PoS at 1 to 2% ( I am thinking 1% is better since cash to back it up has to earn a little more for payouts), and pegged for buy in or cash out at 1 peso with no transaction fees, then it would end up being used as a money substitute. It would act the same way as Gcash or Smart Money, but decentralized in its use.

I am curious to see if a bank will handle the cash reserves to balance the issued crypto, as they want that cash, but the BSP may recommend that bank not to handle it...

If there are locations that handle KYC for cash in and cash out to bank accounts only, then that should satisfy the BSP for AML and should not require an EMI or banking license.

Alternatively,the ePeso could just be premined and given out to people who supply valid ID, a bit like the experiments in Iceland and elsewhere and then let the value settle itself.  A lot less hassle, no worries on the regulation front. Same idea tho for algo, probably based on Blackcoin.

Either way, if the coins are not used by enough people then it will be a waste of time. as is the situation with most coins, if there is no community or use case scenario then it will fizzle out.

[angelo125]

mga tropa,, baka naman pwede nyo ako turuan about this bit coin, i already bunches of info about this coin, i already register in an online wallet , and it still confusing me, baka pwede makisali sa pool nyo. what ba mga kailangan gawin para maka-mine?
ang ginagawa ko palang now is Bitcoins4me pero every 1hour ang free sashori. help me here please

[dothebeats]

Haven't been updated about the latest happenings in our country. I don't know anything about this ePeso thing. Is this another form of digital money? If it is, who are the devs responsible for this? Sorry po medyo na curious lang ako bigla. First time reader of the Philippines thread. 4th year high school student from Pasig City. Hello po mga kababayan! o/

[tagbond]

@dothebeats - Just search google for e-Peso bill in Philippines and take your pick of various stories. My personal feeling is that the e-Peso will never get off the ground as government controlled currency, but it does increase awareness and knowledge of crypto in general, which is also good for Bitcoin.

Bitcoin and crrypto will be the future of remittances into the Philippines, but the country has a long way to go for the average man on the street to use - he will want Pesos, either in Fiat money or something similar to Gcash / Paypal, which is what I am developing with Tagcash.com

[forever21]

@dothebeats - Just search google for e-Peso bill in Philippines and take your pick of various stories. My personal feeling is that the e-Peso will never get off the ground as government controlled currency, but it does increase awareness and knowledge of crypto in general, which is also good for Bitcoin.

Bitcoin and crrypto will be the future of remittances into the Philippines, but the country has a long way to go for the average man on the street to use - he will want Pesos, either in Fiat money or something similar to Gcash / Paypal, which is what I am developing with Tagcash.com

and im sure politics will be the first user of this e-peso bill

[Dabs]

@dothebeats - Just search google for e-Peso bill in Philippines and take your pick of various stories. My personal feeling is that the e-Peso will never get off the ground as government controlled currency, but it does increase awareness and knowledge of crypto in general, which is also good for Bitcoin.

Bitcoin and crrypto will be the future of remittances into the Philippines, but the country has a long way to go for the average man on the street to use - he will want Pesos, either in Fiat money or something similar to Gcash / Paypal, which is what I am developing with Tagcash.com

and im sure politics will be the first user of this e-peso bill

Just wait until I can do a "private" presentation to some of the top politicians here. ALL of them did not budge about the foreign currency accounts, because that's probably where all of them keep their money.

[forever21]

@dothebeats - Just search google for e-Peso bill in Philippines and take your pick of various stories. My personal feeling is that the e-Peso will never get off the ground as government controlled currency, but it does increase awareness and knowledge of crypto in general, which is also good for Bitcoin.

Bitcoin and crrypto will be the future of remittances into the Philippines, but the country has a long way to go for the average man on the street to use - he will want Pesos, either in Fiat money or something similar to Gcash / Paypal, which is what I am developing with Tagcash.com

and im sure politics will be the first user of this e-peso bill

Just wait until I can do a "private" presentation to some of the top politicians here. ALL of them did not budge about the foreign currency accounts, because that's probably where all of them keep their money.

ohh  i think they will probably approve it sir dabs it will be another option to hide their money

[jimmy01]

@dothebeats - Just search google for e-Peso bill in Philippines and take your pick of various stories. My personal feeling is that the e-Peso will never get off the ground as government controlled currency, but it does increase awareness and knowledge of crypto in general, which is also good for Bitcoin.

Bitcoin and crrypto will be the future of remittances into the Philippines, but the country has a long way to go for the average man on the street to use - he will want Pesos, either in Fiat money or something similar to Gcash / Paypal, which is what I am developing with Tagcash.com

and im sure politics will be the first user of this e-peso bill

Just wait until I can do a "private" presentation to some of the top politicians here. ALL of them did not budge about the foreign currency accounts, because that's probably where all of them keep their money.

Sabihin mo na rin sa kanila na wag na wag silang magkukurakot gamit ang epeso dahil siguradong huli sila 

[bittycents]

Sabihin mo na rin sa kanila na wag na wag silang magkukurakot gamit ang epeso dahil siguradong huli sila 

that would be impossible, for they can have their hands as many machines and proxies they want to conceal their identities.

[lionheart78]

hi guys pls. check our proposed project  https://bitcointalk.org/index.php?topic=822443.0  Sir dabs to be our escrow, this is made by several ppl though this might not be as big as what Sir Dabs is planning but hopefully it will help out in anyway especially sa value ng living ng mga kababayan natin dito ^^, .   This coin is created by several altcoin enthusiast, majority of them are Filipino, namely n3lzon who is incharge in tech development,  dearbesz in charge in operation and marketing same with dukektm a fil greece person, and of course ang inyong lingkod lol, anyway the project were created months before the epeso issue, well seems it's unlucky for us to coincide with 3 more IPO announcement today, if you have suggestion and idea or question please feel free to pm us, thanks and have a great day!

[Bakal]

sino may usb miners jan...
baka pwede kong bilhin (pm niyo lang po ako sa presyong abot kaya)...gawin ko lang pong keychain, lapit na kasi christmas.
thank you.

btw, mabuhay ang Pilipinas!

[dothebeats]

This e-Peso thing might be another way of politicians to hide their ill-gotten wealth. Seeing that tracing an account and linking it to a person is a daunting task in itself, these dudes may use it to their advantage. Hmm, politics, how I hate thee.

[forever21]

This e-Peso thing might be another way of politicians to hide their ill-gotten wealth. Seeing that tracing an account and linking it to a person is a daunting task in itself, these dudes may use it to their advantage. Hmm, politics, how I hate thee.

im on your side bro

[jimmy01]

This e-Peso thing might be another way of politicians to hide their ill-gotten wealth. Seeing that tracing an account and linking it to a person is a daunting task in itself, these dudes may use it to their advantage. Hmm, politics, how I hate thee.

im on your side bro

ako din, 

[Bakal]

Hi mga maam and sir,

buying working usb miners "Gh/s" capacity, will be using for keychain for Christmas souv. I can't accept S1's, mahirap po gawing keychain ang S1.

0.06 BTC per piece. need 2 only.

Thank you Totoy. God bless.