BITCOIN accepted for Airline fare and School fee

[Leah38]

     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

[Baby Dragon]

     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

Wow , why didnt I know this? Anyway im a filipina too and im hoping that some of local stores from Philipinnes accept bitcoin in paying bills. In that way many people will get interested on investing in bitcoin.

[bangkecol]

     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

Actually, this is very good if indeed the news happens, you better also provide a reliable source for the news. So that this is not only limited to ambiguous news later.

because a class of Philippine airlines is a state-owned airport, where if that is true, then what will happen is philippine indirectly legalized bitcoin in its country.

[chennappa121]

Wow such a great news about Bitcoins are accepting to book a airlines tickets and school fee in your country it is really showing that the Bitcoin or cryptocurrency are going to rule our future digital cash system and more importantly update that bitcoin users also increasing now days so it's is best time to buy Bitcoin and in my country also accept Bitcoin for recharge mobile number and DTH

[norachuks]

woaw! this is awesome i wish that will happen in my country Nigeria accepting bitcoin in school and airlines. Then the future will be great. i really wish so

[Bakugan]

     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

This is a great news for us,lets hope that other countries accept bitcoin too. Behind the situation of bitcoin I can still see some reason not to leave bitcoin , this news surprises some of us and this will give a huge positive impact on bitcoin and on its investors.

[usekevin]

    I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

It's sounds good. If any private sector in any country started to accept  Bitcoin, they know the value of bitcoin .And bitcoin is not a scam at all at any moment. Bitcoin is just an asset as like a gold. And in some private industry, bitcoin is accepted as a currency too.You gave a best example for bitcoin acceptance.

[jdeanne92]

     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

Surely more will follow. Specially if the outcome is greater than what is expected. With these type of payment it allows the company to venture on new grounds allowing crypto enthusiasts to experience their services.

[ellabanana]

I haven't heard the news but hopefully it will. There are already many bad controversy in the country, so having that kind of benefit would greatly influence many people to be engage in cryptocurrency

[Tahir460pk]

Well i listen now and if it's a true than it's a great news that bitcoin accepted for airline fare and also accepted for school fee, these kind of steps regarding payment introduce news ways of payments and make its more trusting.

[gesdan]

if bitcoin is accepted for pay the airlane fare and the school fee I think bitcoin in that place is very useful and very popular, i hope all country will use the bitcoin for pay something like that, maybe start form bill payment and buy some little stuff

[antonhuda]

     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

I think this is good news and fun, surely the development of bitcoin is no doubt.
You should give a link or post pictures here to make it more accurate with what you convey.
It is a big hope that this news can have a positive and beneficial impact on the reach of flights and schools in the Philippines.

[Steamtyme]

This level of adoption is great for Bitcoin in general, and is an ideal use of it as a currency. Mostly because it is a transaction that doesn't need to be processed in seconds.

Bitcoin needs these types of industries to help push people to use it as a currency as opposed to an investment. I only looked into the airline option but for tuition it has the same benefit above.

Now what I really wonder is how they would handle returns/cancellations. Would it be reimbursed based on FIAT or BTC, as previous companies had done their returns in accordance with the FIAT value.

[feehannah]

     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?

That's a good news for every Filipinos,because it is proven that Philippines country also knows and accepting bitcoin and its real value. Who knows,one day this spreading news will reach to the other commercial establishments and some of them will also accept bitcoin as a mode of payments on every payment that should be paid.

[ralle14]

I think this is good news and fun, surely the development of bitcoin is no doubt.
You should give a link or post pictures here to make it more accurate with what you convey.
It is a big hope that this news can have a positive and beneficial impact on the reach of flights and schools in the Philippines.

Here's some links to confirm what OP said. The second link was a screenshot to the school's website.

https://bitpinas.com/feature/philippine-airlines-bitcoin-buying-flight-tickets-with-cryptocurrency/
http://prntscr.com/kxaiqr

Now what I really wonder is how they would handle returns/cancellations. Would it be reimbursed based on FIAT or BTC, as previous companies had done their returns in accordance with the FIAT value.

I'm guessing they'll also give it back based on the fiat value since that's the specific amount you gave to them during that time. Giving it back based on BTC could mean a loss or win for either sides depending on the price movement.

[ansarose1]

Wow! This was so great news to all. I think all bitcoin enthusiast would be happy to hear this thing. We can go to our flight and just use our bitcoin balance for payment, great thing for the benefit of many. I hope there are more to come, more good things will happen about cryptocurrency and bitcoin.

[Steamtyme]

I did a little more digging, and reread the thread. Looks like the airline industry is well suited to accepting BTC for flights. This was some news in January about a Bitnet partnership with UATP. I think the future for airlines, tuition and other similar transactions that generally have a time lag between payment and service would be to accept BTC directly without a middleman.

I'm guessing they'll also give it back based on the fiat value since that's the specific amount you gave to them during that time. Giving it back based on BTC could mean a loss or win for either sides depending on the price movement.

That makes sense at least until a time where volatility is reduced.

maybe start form bill payment and buy some little stuff

There are services that make bill payments for BTC, they're not available everywhere but it is a step in the right direction. I have been able to make a lot of other smaller purchases using BTC, but nothing like a cup of coffee, or something on the go. It's usually transactions online that can wait for the confirmations to role in.

because a class of Philippine airlines is a state-owned airport, where if that is true, then what will happen is philippine indirectly legalized bitcoin in its country.

Missed this on my first read through. It's hard to say if that line could be drawn. I noticed that the page I was looking at says Bitcoin/Coins.ph. That to me looks more like we accept payment through Coins.ph and don't physically hold our own BTC. It would be the same as writing we accept Paypal, to some extent. I tried checking out their site and couldn't navigate to the offline payment page to read about it, to be sure.

[MAJICOIN]

Yes it is good that bitcoin is now accepted for airlines fare and school fee and it is not in our country but in many countries bitcoin is legally accepted for payments and but soon it will accepted for many other things and i hope that people are aware of the crypto risk but still they are buying it and use it and here we should follow the investment strategy in this crypto.

[wongdeso]

Great news and big impact too, the progress of the online system in the Philippines is very good, the right start for this and later will be followed by other developing countries.
With bitcoin, it will be easier for us to travel around the country and also easy to study in this Philippines.

[pat4cryptoreal]

There is no big company or organization that I know that is accepting Bitcoin but there are individuals that can take bitcoin for payment of goods and services. I have use it to buy severally.