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Author Topic: Philippines is starting to accept bitcoin.  (Read 3059 times)
james23
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April 06, 2018, 02:37:55 AM
 #841

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 phillipines now are accepting bitcoin because because we are becoming bigger and bigger and many now are already using this as a transaction
jayco25
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April 06, 2018, 02:47:39 AM
 #842

Bitcoin is actually acceptable in Philippines in fact a lot of establishment accept bitcoin as payment . The government only want to monitor those people who use bitcoin to scam. Another warning of government is the increase and decrease of its price other than that bitcoin is legal accepeted in the Philippines.

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April 06, 2018, 07:26:58 PM
 #843

That’s great news for the natives of Philippines who are interested in and love to invest in Bitcoin. When a government gives approval to something, trading in it become a lot easier and fearless. But there is a drawback of this too. The scammers can fraud the general public by raising money from them in the name of Bitcoin. So be alert and make sure that your money in being invested at the right place.
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April 06, 2018, 07:30:13 PM
 #844

It is true! The term bitcoin is now becoming more popular around the country. There are now also businesses who are accepting bitcoins because the government started to legalized bitcoin in the country.
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April 06, 2018, 07:42:37 PM
 #845

This is long overdue, I saw this coming.This is a good news for the people who invest in bitcoin in the Philippines. It is a great move indeed for the Philippines, it will help a lot of people to be more productive and deduct unemployment rate in the country. I believe all of these entire continent of Asia will be supporting this digital currency and promote it. It will be a convenient way of living in using bitcoin. And I believe this move of the Philippines with bitcoin will boosts its economy and help to increase source of living
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April 07, 2018, 05:10:31 AM
 #846

wow this is great news my country is now involving bitcoin seminars to educate my fellow countrymen this is a good start for us filipino's
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April 07, 2018, 05:30:05 AM
 #847

Does that mean bitcoin will soon be legal in the Philippines? Exciting news for bitcoin enthusiasts there. Hopefully it can also be followed by other countries, especially in the Asian region.

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April 07, 2018, 06:25:00 AM
 #848

The event was commented by Emilio Aquino, employee of the State Commission on Security and Exchange. Our choice is to consider the so-called virtual currencies as securities. In this case, the relevant Code will apply to them. The hype around the Crypto-currency and ICO pushed the authorities to develop new rules for consumer protection.
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April 07, 2018, 06:28:22 AM
 #849

This decision by the government of the Philippines reflects the maturity of the financial approach to solving economic problems in the country and the region as a whole.
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April 07, 2018, 06:32:14 AM
 #850

Im so glad to hear that and i can't wait that philippines national bank was already accepted this bitcoin but now thet are looking to use it,im from the Philippines too and i want to share that mamy branches here was already accepted this bitcoin.
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April 07, 2018, 06:38:18 AM
 #851

This is great news and i think this affirms the initiating of BILIBIT TEAM which is about launching its first decentralized crypto ecosystem for the people of phillipines.
you can check out this post on steemit about the project BILIBIT
https://steemit.com/blockchain/@ikkelins/driving-the-community-with-philipines-first-decentralized-crypto-ecosystem
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April 07, 2018, 06:45:00 AM
 #852

Im so glad to hear that and i can't wait that philippines national bank was already accepted this bitcoin but now thet are looking to use it,im from the Philippines too and i want to share that mamy branches here was already accepted this bitcoin.
It's not the bank which are accepting bitcoin, so far there is no bank yet that are accepting bitcoin in the Philippines.
It's just a way of the government in helping creating awareness on bitcoin, to understand it fully they need to educate the masses as bitcoin can be use
for both good and bad activities.

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April 07, 2018, 06:45:32 AM
 #853

Glad to hear that the government step forward and making arrangement for the public to know more about Bitcoins and crypto currencies. This is the best way to attract more traffic into crypto world. Other countries should take a look at these kind of events and do something similar in their country.
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April 07, 2018, 06:58:17 AM
 #854

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/

Actually BTC are already legal in PH the fact is many people are not well known about BTC they still think it is a scam but some people understand how BTC works and how it is use.
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April 07, 2018, 07:06:16 AM
 #855

Philippines is among the first country to embrace bitcoin and the cryptocurrency entirely and that is going to be a positive news to bitcoin as this will rise more good news about bitcoin and burst the confidence of people in bitcoin and lead to more demands that will bring about high price in bitcoin. This is a welcome development.
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April 07, 2018, 07:20:02 AM
 #856

Really it is great news for Philippine's people actually who love Bitcoin & blockchain.I know this country economical growth is very strong & day by day go to the developing county.Specially many people are working to make the country financially prosperous.Accepting Bitcoin I think in fact,the government has taken very good initiative.Hopefully also my country will be accept BTC at future & I am waiting for good moment.

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April 07, 2018, 07:49:50 AM
 #857

Wow it is a great news and hopefully other countries would start to accept bitcoin too,
I think that it would only be the start and there would be other countries that would accept bitcoin in the future .

That news is really grateful. I already see some pictures in a post that they are introducing bitcoin in the Philippines through seminars about it.

It is really good thing to introduce it here so that other people wanting to invest can start a business in the Philippines. I know a Filipino who is working abroad who start investing in bitcoin when it is introduced to Kuwait. And luckily now that it is starting to accept in his country
he may now encourage his family members to start investing in bitcoin.Because it will be a big help for them to their needs.

Im hoping that soon Philippines will be one of the successful countries in the field of bitcoin.



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April 07, 2018, 12:49:50 PM
 #858

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/

That is goodnews! I Also live in the Philippines. I can say that the government will soon use bitcoin as another form of payment. Becuase the city where i live has an establishments of bitcoin convenience store where you can use your bitcoin to buy some items. If the governments is against this kind of action they wouldnt allow those establishment who uses bitcoins to sell. Philippines is a great country and filipinos are known as a hardworker mens. Smiley
Well as a filipino this is gonna be a goodnews. Bitcoin can really give convenience to us if we can finally use it as a mode of payment. There will be fast transactions if we use bitcoin. It can also lessen the fear of being robbed because we don't have to bring so much money with us because we can use bitcoin to pay for our bills.

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April 07, 2018, 03:54:41 PM
 #859


This can be followed by other countries. Of course, the news is very exciting.
Bitcoin can be socialized more vigorously so that its existence is more familiar with the public in general and broad.
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April 07, 2018, 03:57:08 PM
 #860

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/
That's a good news really. Aside from Japan, another government is thinking of doing the same by constructing a good regulation about Bitcoin which will make a good impact to other countries as well and let's hope that more will follow along with it.


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