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Author Topic: Philippines is starting to accept bitcoin.  (Read 3059 times)
PilosopongTacio
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March 22, 2018, 10:30:48 AM
 #621

Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/


Its good to know that my country is now open to this. I hope this would continue and make a promising one that eventually beneficial not just to filipinos but to other nation as well. I wish everyone is on the right track and i hope that our government will be conducting more seminars about cryptocurrency that could be very helpful for newbies and future investors that would want to invest on bitcoin.

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March 22, 2018, 10:42:18 AM
 #622

Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

This is another great news for Bitcoin. I am happy that a developing country such as the Philippines has found a way to introduce Bitcoin to its citizens. While other much more advanced countries have yet to really take a look at what Bitcoin has to offer, here is a much smaller country already appreciating it. I guess the Philippines has learned a lot from other advanced countries such as the neighboring Japan in admitting Bitcoin to its territory. I hope more and more countries, whether developing or already developed, would also do the same introduction of Bitcoin to their people and have them choose their best option.
marjil
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March 22, 2018, 10:44:53 AM
 #623

It's interesting to see that countries like the Phillipines are accepting bitcoins where there are other countries that are trying to shut it down. Maybe some countries can see value in crypto where others cannot see any value. It makes you wonder the type of people in different countries governments and what they are trying to do.

Salesman4coinZ
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March 22, 2018, 10:45:08 AM
 #624

ITs always good to see for us cryptocurrency investors to see that gouverments and countrys accept bitcoins. This will help us a lot to be accepted by people who do not use it at the moment. And it will help to bring more people to start to interesst for cryptocurrencies. I hope in future i will read more news like these from other countys. But if im honest, there will be more news from gouverments who will do the opposit, which menas their will be ban cryptocurrencies.
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March 22, 2018, 10:48:55 AM
 #625

I can say it's good news, it's always nice to hear that some country has officea positive approach to Bitcoin.
However, I don't think this will influence Bitcoin significantly because Philippines is not that influencal country that would be an example for other countries. But it's good for Bitcoin users there, it will be much easier for them and I'm sure Bitcoin related businesses will also expand.

TheSmo
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March 22, 2018, 10:49:48 AM
 #626

as far as I know, the central bank explained that bitcoin will still not be considered a legitimate currency, since it has not been issued by the central bank. nevertheless, taking into account the benefits of Bitcoin as payment and transfer of network funds, the Bank of the Philippines intends to regulate the crypto currency and related startups.
bajingluncat
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March 22, 2018, 11:16:31 AM
 #627

very good bitcoin is now gaining popularity in the Philippines I feel very excited bitcoin getting a place in the masarakat world. where more and more bitcoin users with different motivations
Mystica101
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March 22, 2018, 11:21:19 AM
 #628

It is nice to hear and read this kind of great news specially with regards to cryptocurrencies I am sure more and more people in Philippines will get involved in investing and will gain more popularity to the entire country. This will be very beneficial to all specially to neighboring countries and hoping this will be a major step forward for other country to start and accept bitcoin.
newb-dev
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March 22, 2018, 11:23:32 AM
 #629

It is good to hear that countries start to accept bitcoin because on the other hand there are plenty of governments that ban it because bitcoin doesn't pay taxes
sumonrud
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March 22, 2018, 11:25:41 AM
 #630

It's a great news and I am Glad to hear the bitcoin is now accepted in the Philippines.so many countries are thinking legalization bitcoin. i think they will understand this matter and they will accept bitcoin because it will be very good for bitcoin grow up. and that will be more demandable all over the world.




DoublerHunter
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March 22, 2018, 11:35:43 AM
 #631

It's a great news and I am Glad to hear the bitcoin is now accepted in the Philippines.so many countries are thinking legalization bitcoin. i think they will understand this matter and they will accept bitcoin because it will be very good for bitcoin grow up. and that will be more demandable all over the world.




I also hope that more and more countries will accept bitcoin and use it as a mode of payment and also a place to store their wealth because with bitcoin, they can have a high chance to make a lot of profit because bitcoin is such a good technology and it got a very high potential that it can be the next type of most used currency in our world.
Lehbane
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March 22, 2018, 12:06:22 PM
 #632

It was accepted already when Bitcoin was introduced to Philippines, Philippines is an open country and  very friendly one, now it has taken it's step to properly introduced it to everyone who are interested.
Quesdana
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March 22, 2018, 12:28:53 PM
 #633

It was accepted already when Bitcoin was introduced to Philippines, Philippines is an open country and  very friendly one, now it has taken it's step to properly introduced it to everyone who are interested.
The Philippine government has not ban nor accepted bitcoin but it has warned it's citizen to be careful because investing in bitcoin is very risky. Though it's Central Bank has acknowledge bitcoin but that i did not know of any ICO that comes from the Philippines.
Silentsweeper
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March 22, 2018, 12:35:35 PM
 #634

Bitcoin usage is on the rise in the Philippines .MetroDeal and CashCashPinoy the country’s top two daily deal sites are starting accepting bitcoin payments. TrueProperty might be the first property marketplace to accept Bitcoin payments in the Philippines to purchase properties.The Bunny Baker run by a husband-and-wife team, it’s aiming to stand out from other bakers by accepting Bitcoin payments. Wirin Cupcakery is an online seller creating made-to-order cupcakes and customers can easily pay in bitcoin upon delivery.

Bacotan Bae
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March 22, 2018, 12:51:46 PM
 #635

It is good to hear that countries start to accept bitcoin because on the other hand there are plenty of governments that ban it because bitcoin doesn't pay taxes
I'm sure users will be happy to pay taxes if bitcoin is legalized, many countries are afraid to legalize bitcoin for taxes and anonymous reasons, so with that fact the state should immediately make a regulation about bitcoin so that the state gets the benefits and income from bitcoin.


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Zachwolf
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March 22, 2018, 01:11:03 PM
 #636

Bitcoin have been accepted in the Philippines by the Philippines' people a long time ago, but your post is about the government accepting the fact that BTC existed and they are trying to legalize it right?

However there are some place in the Philippines had already used bitcoin as there payments but definitely through online transaction. Even some of them not already know it, it's existing now.
ghost07
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March 22, 2018, 01:27:01 PM
 #637

Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/
yes i see some stablishment in makati that accepts bitcoin as a payment method and maybe soon other coin will be used also like ethereum and other big crpyto now. It also has an ATM machine there that you can trade your bitcoin into cash.
Hanazawa
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March 22, 2018, 01:32:44 PM
 #638

Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

It is great to here that Philippines is accepting bitcoin.  It is great opportunity to make bitcoin popular in Philippines.

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Joylee
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March 22, 2018, 01:34:44 PM
 #639

Good to hear that news! A lot of people I know are starting to be introduced to Bitcoin. Bitcoin will help those people who want to be rich.
sashulya7979
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March 22, 2018, 01:39:55 PM
 #640

This is very good news because if the Filipins take bitcoin then other countries too are more active after such news to take the same thought about bitcoin.
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