BTC payments in PHILIPPINES

[andrino]

There will have big impact of progress of crypto in the Philippines. I hope this country will become one of the crypto capital in the near future for there chance for that. Go back again for your good travel. Good luck

[sakahayang]

I'm from the Philippines and I do not know that and I will drop by sometimes on that store to check this and try bitcoin as my payment. Were the food is delicious? and reasonable for the price? because it seems too pricey.

If there really is a food seller who can transact using Bitcoin, then I will also visit it.
and expect the food to taste good and not too expensive

[vonnyaries]

is it real? i think philipines is not active in cryptocurrencies work, but i shocked that you buy some stuff in philipines and pay with bitcoin, how about the rate of bitcoin? is it same if you using paper money or not? i think it will more expensive if you use bitcoin as the payment

[bL4nkcode]

Philippines truly is the haven for Bitcoin but creating a cloud of doubt, including stating that you need coins.ph for faster processing is fake news.If you know how to use Bech 32/Segwit it will be faster and the mining fees are less by almost 90%.

First before you argue with my statement try to research first what's the capability of the wallet/exchange I mentioned. I'm not opposed of the idea of segwit since I'm using it. But using different wallets for the client and the merchant in the local store which will goes to the network and wait for the confirmation at least 6.

And waiting for 3-10 minutes or more only for paying and confirming the transaction from the network is too long especially if you're in the local store. But using coinsph after you click the send button it will not takes 10 seconds the btc is received already by the receiver and it will never required of any transaction fee.

Learn more about Bitcoin before saying that the processing is slow. Remember that you only need six confirmations for your transaction to be accepted. If you don't know that it might be because you are using online wallets.

Let say you know what you're talking about, as for your knowledge bitcoin confirmation have an average of 10 minutes to find each block and obviously before it got at least 1 confirmation, but since you mentioned segwit, let say it will take only 3-6 minutes and since you mentioned that it will only need 6 confirmation, then 3 (minimum minutes of confirmation in segwit) x 6 = 18. Or let say it will confirm at least 2 minutes so 2x6 =12, so you will wait 12-18 minutes or more of waiting in the line of the local store. Are you kidding me?

[budi691]

this is encouraging news for Bitcoiners in Southeast Asia, Philippines again opened Bitcoin transactions there. there must be a passion arising in the capital of Manila. hopefully will spread to other countries.

[FrankyLu]

I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC it's so very nice that Philippines is belong to the Cryptoworld  
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yes philippines accept crypto i have been there and i have also paid its great that they accept in that currency.

[Abete]

this is the beginning of a good future step for bitcoin in the Philippines. I think the philippines have the potential to grow further along with bitcoin. if they are able to arrange cryptocurrency well there, success will come!

certainly with bitcoin 

[jessica2020]

Im glad that Philippines is open in the crypto world. I hope many crypto users will make it easy to use bitcoin as a mode of payment everywhere. And many people will be open minded about bitcoin.

[yvuj101]

I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC it's so very nice that Philippines is belong to the Cryptoworld  

I'm glad you find a merchant that offers bitcoin payment here in the Philippines. If I remember it correctly Artisanal Sundries is located in Makati City. Not only that, there is also Wirin Cupcakery and The Bunny Baker that offers bitcoin payments. My only advise is to always be cautious for bitcoin is still not regulated in the Philippines just to avoid scam.

It is good to know that there are shops here in my country that offers bitcoin payment. This is a proof that bitcoin is now being popular, not only in other countries but also here in the Philippines. You're right, we have to be careful to avoid people from scammers.

Good to know that Philippines are already accepting bitcoin as payments of thier stores this means bitcoin is gradually getting increasing nationwide and Philippines known to be a very active and accommodating country and attentive in many promoting projects welcome investors joined us.

[Lingqingyi]

Can the Philippines support bitcoin now?
So I wonder if there is a fixed price for bitcoin, or is the price of payment fluctuating with the market price?

[Emmax]

I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC it's so very nice that Philippines is belong to the Cryptoworld  

Wow! That is great, I'm just hearing it for the first time. I know with time many will start accepting bitcoin for payments. I know of one company in USA accepting bitcoin for payments of good and services and still accepting till date. They have strong believe on Blockchain technology that is why they are doing so. If each country start accepting bitcoin for payments before will know it bitcoin will moon to $100,000 or more. For me I have strong believe on Blockchain technology because it will change the world for good. So no matter the price of bitcoin we should take advantage of this technology for good.

[lamcouz]

People looking afraid to invest in bitcoin for thinking about scam. That is the basic reason why people doesn't want to engage investing into bitcoin for their focus is on negative sides of bitcoin and not on positive. It is like they look into bitcoin in a bias way that result to lock mindset.

[Louise0910]

I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC it's so very nice that Philippines is belong to the Cryptoworld  

''It's more fun in the Philippines'' a slogan campaign to promote our tourism now to attract more of crypto investor I would say that ''It's more fund in the Philippine'', I'm proud that I belong here in the Philippine because our country and the authority is considered as an early adopter of bitcoin and cryptocurrency.

[FourByfour]

I'm from the Philippines and I do not know that and I will drop by sometimes on that store to check this and try bitcoin as my payment. Were the food is delicious? and reasonable for the price? because it seems too pricey.

Yeah, I have heard that some are planning to accept BTC as payment in philippines, but I don't know that there are already businesses accepting it. Its good though. 

[Lieldoryn]

I'm from the Philippines and I do not know that and I will drop by sometimes on that store to check this and try bitcoin as my payment. Were the food is delicious? and reasonable for the price? because it seems too pricey.

I'm not from the Philippines. In my country, too, you can buy goods for bitcoins in some stores. It is most often online shopping. But I noticed this feature. To buy the same goods for a cheaper Fiat. It is more profitable for me to sell bitcoin and replenish the Bank card with this money. Then pay for purchases with Bank cards.

[paparexon0414]

Never heard that, but im glad you enjoy your stay. Philippine is also into crypto world. Some of us really into this kind of extra earnings. All i know is you can exchange bitcoin in different option. Having a store accepting bitcoin is a real deal, meaning that our country is also riding the hype of bitcoins popularity. I guess many people in our place are now knowledgable in bitcoins.

[yhancel20]

I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC it's so very nice that Philippines is belong to the Cryptoworld  

I'm glad you find a merchant that offers bitcoin payment here in the Philippines. If I remember it correctly Artisanal Sundries is located in Makati City. Not only that, there is also Wirin Cupcakery and The Bunny Baker that offers bitcoin payments. My only advise is to always be cautious for bitcoin is still not regulated in the Philippines just to avoid scam.

That's very nice to know that Philippines are really part of cryptocurrency system and not like just part of it because this is the of the country's that early implementing bitcoin as a terms of payments on some industries, establishment or stores all over the world even it's not already legalizing bitcoin in their respective country. Thus, I'm really agree to the idea that we need to be still careful because there's a lot of scammers that sorround everywhere.

It is....a lot of people here in the philippines are holder of bitcoin but still surprising to know that some of them are actually using it as means of payment...

[mast3rm1nd]

I am wondering how's the fee situation ?? also is this guy approved by the government ? and how is he paying taxes and all of that

[btchunter02]

It's nice to hear that,  a developing countries adopt the world of crypto I really wish Philipines fully adopt the system, sooner or later schools, department stores, restaurants in the country accept btc in payment system.

[tegarp90]

I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC it's so very nice that Philippines is belong to the Cryptoworld  

It should be a good news, but today the market is going down hard enough.
Hope crypto future still bright with this now coming.