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Author Topic: Pilipinas (Philippines)  (Read 1203560 times)
jodybay
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April 15, 2014, 09:08:52 AM
 #701

It's not hard to get it from NSO, and it's about time you get it fixed if there's something wrong with it. You did get your passport, so that is proof of citizenship already.

However, the idea with a new coin is that people need to submit the documents, and they will probably never get them back. I don't think you're going to submit an original passport to me, just to claim your PH coins or ManilaCoin or whatever it is we will call this coin.

ohh i was thinking that maybe you only want the xerox copy of it Cheesy
sure i can get one from NSO they just release my marriage contract last week so i might go to DFA next week to change my status

goodbye singletron

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April 15, 2014, 01:06:55 PM
 #702

It's not hard to get it from NSO, and it's about time you get it fixed if there's something wrong with it. You did get your passport, so that is proof of citizenship already.

However, the idea with a new coin is that people need to submit the documents, and they will probably never get them back. I don't think you're going to submit an original passport to me, just to claim your PH coins or ManilaCoin or whatever it is we will call this coin.

ohh i was thinking that maybe you only want the xerox copy of it Cheesy
sure i can get one from NSO they just release my marriage contract last week so i might go to DFA next week to change my status

goodbye singletron

If I do go with such a coin, we can't accept photocopies, only originals. I know how easy it is to use photoshop. We want to avoid that kind of thing. If there is a walk-in process, perhaps photocopies might work, as long as the original is presented for verification.

Again, that's all a lot of work, especially if there will be a few million of you guys doing it. This would have to be a major operation.

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April 15, 2014, 01:10:11 PM
 #703

It's not hard to get it from NSO, and it's about time you get it fixed if there's something wrong with it. You did get your passport, so that is proof of citizenship already.

However, the idea with a new coin is that people need to submit the documents, and they will probably never get them back. I don't think you're going to submit an original passport to me, just to claim your PH coins or ManilaCoin or whatever it is we will call this coin.

ohh i was thinking that maybe you only want the xerox copy of it Cheesy
sure i can get one from NSO they just release my marriage contract last week so i might go to DFA next week to change my status

goodbye singletron

If I do go with such a coin, we can't accept photocopies, only originals. I know how easy it is to use photoshop. We want to avoid that kind of thing. If there is a walk-in process, perhaps photocopies might work, as long as the original is presented for verification.

Again, that's all a lot of work, especially if there will be a few million of you guys doing it. This would have to be a major operation.

alright i'll send you a message next week because i need to fix my passport status also along with philhealth sss and stuff

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April 15, 2014, 06:15:40 PM
 #704

Guys, please support!
https://bitcointalk.org/index.php?topic=572113.msg6235067#msg6235067

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April 19, 2014, 01:37:26 PM
 #705


If I do go with such a coin, we can't accept photocopies, only originals. I know how easy it is to use photoshop. We want to avoid that kind of thing. If there is a walk-in process, perhaps photocopies might work, as long as the original is presented for verification.

Again, that's all a lot of work, especially if there will be a few million of you guys doing it. This would have to be a major operation.

Would be nice to have a country coin of our own. If you would continue with that "walk-in" distribution I could volunteer.

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April 19, 2014, 10:18:35 PM
 #706

@lophie, Ok. Let me know.

BTW, who's interested in a new PH coin? To be "air dropped" to anyone in the Philippines who can show a valid ID, NBI clearance, LTO driver's license, SSS/GSIS Multi-purpose Unified ID, Firearm license, NSO certified birth certificate, etc? (Foreigners who are staying in the country may be eligible, by showing proof of residency, passport, alien registration or similar.)

We don't want people to get coins for "free", so we make them work for it, and request original copies of documents, very hard to fake. My personal experience, because I am in the military, is that, one day of work can get me all of the following: NBI Clearance, Local Police Clearance, Barangay Clearance, Court/Prosecutor's Clearances, and AFP Intel (G2) Clearance.

If you buy a gun in the Philippines, you would need most of the above: Court Clearance: RTC & MTC and/or the Sandiganbayan, Neuro-psychiatric clearance, Drug Test, Gun Safety Seminar, National Police Clearance; (DI Clearance).

Specs, name of coin, up in the air, open to suggestions. And if there's no interest, no coin. Also, if no one else is willing to work on this (verifying citizenship or other proof is going to be some work), maybe it shouldn't be started as it will probably die anyway.

I just thought of it because of all these new country coins.

In other words, I'm just talking out loud.

Just talking out loud too...

How do you plan on going about this? Do you have ties to the government? What are your thoughts long term?

I'm down with having a PHcoin, but would love to know what the main idea behind it is... Are we aiming for a replacement of the Peso? Or an alternative? A companion currency? Just thinking what role banks will be playing here since last I heard, PNB doesnt want to do anything with crypto... Or was it just bitcoin? Should it be helping the poor? Or will it just make the rich richer as usual? I think there should be a limit of how much you airdrop somebody based on their income. I personally don't like the idea of giving more money to rich people. But then again, I dont like giving too much money to poor people because they tend to get spoiled. Dont get me wrong, I give to poor people; the old men playing the guitar on bridges mostly, because they have EFFORT, not the street kids who just say "kuya penge pera"...

Scrypt or SHA256?

Premined? 7107million (or billion) coins sounds kinda cool... Yes like the festival, like the number of islands...

I'd love to help with any motion graphics needs too, And other graphic promotional materials... PM me if ever..

I'm heading back to LA tonight, can PHcoin be airdropped for OFWs and other Filipinos not residing in the PH?

I think its a good idea and could get mass adoption quicker than other countries, because for one thing, Filipinos like trends. Would also be safer in terms of thieves aka Napoles... Good luck hiding corruption in the blockchain (or sidechain when the time comes!?)...

Overall sounds interesting, but needs a lot of thinking through... Buying redhorse with crypto sounds amazing.

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April 20, 2014, 11:36:03 AM
 #707


Just talking out loud too...

How do you plan on going about this? Do you have ties to the government? What are your thoughts long term?

I'm down with having a PHcoin, but would love to know what the main idea behind it is... Are we aiming for a replacement of the Peso? Or an alternative? A companion currency? Just thinking what role banks will be playing here since last I heard, PNB doesnt want to do anything with crypto... Or was it just bitcoin? Should it be helping the poor? Or will it just make the rich richer as usual? I think there should be a limit of how much you airdrop somebody based on their income. I personally don't like the idea of giving more money to rich people. But then again, I dont like giving too much money to poor people because they tend to get spoiled. Dont get me wrong, I give to poor people; the old men playing the guitar on bridges mostly, because they have EFFORT, not the street kids who just say "kuya penge pera"...

Scrypt or SHA256?

Premined? 7107million (or billion) coins sounds kinda cool... Yes like the festival, like the number of islands...

I'd love to help with any motion graphics needs too, And other graphic promotional materials... PM me if ever..

I'm heading back to LA tonight, can PHcoin be airdropped for OFWs and other Filipinos not residing in the PH?

I think its a good idea and could get mass adoption quicker than other countries, because for one thing, Filipinos like trends. Would also be safer in terms of thieves aka Napoles... Good luck hiding corruption in the blockchain (or sidechain when the time comes!?)...

Overall sounds interesting, but needs a lot of thinking through... Buying redhorse with crypto sounds amazing.

IMO the coin should aim first for general awareness of crypto in PH.

Scrypt, SHA? Pure PoS sounds cool.

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April 20, 2014, 01:23:00 PM
 #708

So many things to think about ... LOL ... But for starters, everyone who submits valid credentials will get "airdropped" their fixed "free" coins. The rich will probably buy or mine anyway, nothing we can do about that.

The poor, will just HODL whatever free coins they get, and the unfortunate many who don't have a roof over their heads, much less a computer or cell phone to do any crypto transactions, those who don't have any valid IDs even if they were born here, that's another problem.

No, I do not have any ties to the government, and I don't think we want this to be backed by the government. (Or else all the powerful ones will attempt to regulate it, and the coin dies). My only ties are that I am in the military, and I know several policemen (mostly the chiefs of every major city) and their mayors. But again, we probably do not want this coin to be government at all. It has to remain in private hands.

The full nodes, the miners, the users, the community. No one will have any advantage other than if they are already rich and will buy their coins.

It's not just PNB, I think Banko Sentral issued a notice or a warning about virtual currencies. It's your typical government warning that bitcoin is not regulated, therefore they (the government) can not protect you from scams.

Personally, you should be able to protect yourself by studying whatever it is you are getting involved in.

As corny as it sounds, this kind of coin is for the people (a lot, but not all, sorry, can't really help the very poor), by the people (again, by the few of us who are willing to start this).

Maybe I can create another thread to discuss this if there is more interest. I don't really want to start something that I can't really finish, not without help anyway.

Scrypt / SHA / Proof of Stake or pure Proof of Work ... all these technical details can be discussed and voted on, but personally, I think we should just go with plain Proof of Work, study the block retarget strategies of the recent coins (KGW, DGW, whatever), and give some real incentive for miners to remain with the coin. On the technical background, miners and full nodes need the most incentive as they end up the back bone of any coin.

The users, that's another issue, and of course, no matter how hard we try, there will be some sort of politics. As I've already given this idea, I'm sure I'm not the only one, and anyone who doesn't like this one, will attempt to make another one ... ... or anyone who doesn't like anyone involved in this one, will do another one, or anyone who doesn't like me, will make his own coin to compete with mine.. It gets messy and diluted quickly.

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April 20, 2014, 04:33:24 PM
 #709

We don't want the government to get involved, otherwise we risk ruining the project's credibility. Transparency is a must for this. The distributing body can be set up as a non-profit.

Yeah we need a poll, so we can see how many are interested.

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April 21, 2014, 02:42:40 AM
 #710

Personally I would probably not send my passport even if you would give me 1 BTC. Nothing personally towards Dabs, I would trust him with money as escrow. But my identity is definitely worth more. Just something to think about Smiley The idea of a PH coin is good I guess. Can promote cryptocoins in general.

(as a foreigner with alien registration (ACR I-Card) and stuff I would be eligible if I understand it correctly :p)


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April 21, 2014, 05:05:58 AM
 #711

Personally I would probably not send my passport even if you would give me 1 BTC. Nothing personally towards Dabs, I would trust him with money as escrow. But my identity is definitely worth more. Just something to think about Smiley The idea of a PH coin is good I guess. Can promote cryptocoins in general.

(as a foreigner with alien registration (ACR I-Card) and stuff I would be eligible if I understand it correctly :p)

If I'm put in charge of verifying identities, I won't keep your information. In fact, I think I'll do a ceremonial burning of all info after you have received your coins, and the rest of the public is satisfied (more or less) that only those who are truly eligible get their claim.

However, that instills a certain level of trust, and if anonymity is to be preserved someone (me?) will have to keep the secret a secret.

I have poor memory, so you can trust I won't remember your details. But computers will have to be wiped, and papers will have to be destroyed (burned, shredded or both).

Obviously, sending your real or original cards / passports / etc will be costly, so I think most people will just come in person, give certified photocopies, and show the originals.

And yes, @NLNico, you should be eligible.

My thinking is to actually place the value of the coin as close to the local fiat currency as possible, meaning 1 PH-Peso =~ 1 PH-Coin (or whatever is the name of the coin.) But we all know the value will move eventually.

The distribution is the tricky part. Would it be fair for whoever does this to get compensated? May they hold the "pre-mine" of the air drop and "sell" it in addition to giving out free coins to those claiming them? Full accountability and transparency is easily achieved since this has a blockchain.

The whole thing is tricky. I'm pretty sure, no matter how hard we try, this will never be perfect.

I can already see, the very poor poor, will get some stoopid lawyers and complain ... (think strike, like the ones launched by the local labor unions, which usually results in the strikers becoming jobless.) I've survived a bankruptcy several times...

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April 21, 2014, 09:39:07 PM
 #712

Anyone from Cebu City here? me and my Team are planing on promoting bitcoins at a Massive scale in Cebu... anyone care to Join the revolution??? we have cool Projects under development...   Grin
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April 22, 2014, 12:16:57 AM
 #713

need 3 btc now , 460 $ * 43 p each

note :

minimum amount is 0.03 btc

rate may change , contact me for more details

salamat po !

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April 22, 2014, 05:47:40 AM
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The distribution is the tricky part. Would it be fair for whoever does this to get compensated? May they hold the "pre-mine" of the air drop and "sell" it in addition to giving out free coins to those claiming them? Full accountability and transparency is easily achieved since this has a blockchain.

The whole thing is tricky. I'm pretty sure, no matter how hard we try, this will never be perfect.

I can already see, the very poor poor, will get some stoopid lawyers and complain ... (think strike, like the ones launched by the local labor unions, which usually results in the strikers becoming jobless.) I've survived a bankruptcy several times...

That's fine, in fact a small portion of the 'pre-mine 'should be allocated for that purpose, shouldering the cost of distribution like manpower, campaign materials, printing (in case we go the paper wallet route), food etc...

IMO I don't see anyone wanting to sue the project besides the government.

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April 22, 2014, 07:23:27 AM
 #715

I think that might set the value initially. I premine some coins, part of it goes to paper wallets (cold wallets) which can be imported into any client. No need to find out who you are, just pay cash in person, or bank deposit, or send BTC.

The paper wallets will come in 1000, 5000, 10000 peso denomination equivalents or something along those lines, as selling 1 peso coins is just absurd.

Those far away will need to know how to use GPG, so I can safely email you the private keys. (Like, I am in Manila, but you are in Cebu or Davao, and we don't have people there.)

Other things to think about are time, deadline, how many months do we give the public to claim their free coins ... what if the government decides they don't like it ... see, the start of this thing will be centralized.

In 3 or 6 months, the original organizers can "disappear" and others take over, once the code is there, once the network is going and people are mining, the hash rate is healthy, lots of local exchanges are working, and no one can stop it.

But then again, if it ever takes off, it will be a some what competitor to GCash, SmartMoney, all the banks and their remittance stuff, and maybe one or two other coins that started here.

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April 22, 2014, 08:38:49 AM
 #716

I think that might set the value initially. I premine some coins, part of it goes to paper wallets (cold wallets) which can be imported into any client. No need to find out who you are, just pay cash in person, or bank deposit, or send BTC.

The paper wallets will come in 1000, 5000, 10000 peso denomination equivalents or something along those lines, as selling 1 peso coins is just absurd.

Those far away will need to know how to use GPG, so I can safely email you the private keys. (Like, I am in Manila, but you are in Cebu or Davao, and we don't have people there.)

Other things to think about are time, deadline, how many months do we give the public to claim their free coins ... what if the government decides they don't like it ... see, the start of this thing will be centralized.

In 3 or 6 months, the original organizers can "disappear" and others take over, once the code is there, once the network is going and people are mining, the hash rate is healthy, lots of local exchanges are working, and no one can stop it.

But then again, if it ever takes off, it will be a some what competitor to GCash, SmartMoney, all the banks and their remittance stuff, and maybe one or two other coins that started here.

i wonder how can we submit you the documents??

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April 22, 2014, 11:56:42 AM
 #717

Looks promising. How fast does it take to develop and launch an altcoin ba?
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April 22, 2014, 01:32:36 PM
 #718

How about we sell paper wallets of it in prepaid card form?
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April 22, 2014, 02:08:55 PM
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I don't know guys, but isn't selling at a fixed price means centralization? Critics would just view the whole thing as us trying to milk the whole project.

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April 22, 2014, 02:23:38 PM
 #720

Looks promising. How fast does it take to develop and launch an altcoin ba?

@richlee, well, we need a dev, or a dev team first, who won't disappear. I know a few people, dunno if they'll stick around long enough.

@Gaman, that's the idea. Paper wallets with "load" already.

@lumeire, it will only sell at the fixed price until the initial premine is all sold, then the market will dictate the price later on. There will always be critics. Litecoin has critics. Even Bitcoin has critics. All alt-coins are lower in the food chain so we will have the most critics.

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