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Author Topic: Let's go to Singapore! We can pay with Btc there.  (Read 2413 times)
Zalura
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November 29, 2018, 01:13:02 AM
 #101

Cool! I am glad that we can pay for services and goods using cryptocurrency.

I'm going to go to Singapore in March 2019 and I will be happy to test this service.
the steps taken by the government of Singapore are very appropriate, seeing the potential of more and more tourists using bitcoin, the government wants to facilitate its users, this can have a very good effect on the tourism world, because with convenience like this it can be an added value for tourists, should be like this can be imitated by the state in the region, because this greatly influences the tourism business competition.
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pundit
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November 29, 2018, 01:26:43 AM
 #102

Sigapore is one the most developed country in Asian region, If Singapore govt has legalized the use of cryptocurrencies in financial sector then this is a good news but we need not to go to Singapore in order to use our Bitcoin, it can be used in any developing country. Many countries still not have accepted Bitcoin and it can not be used legally at any merchant site but still its being accepted by local people in lieu of local currencies due to its decentralize nature. I hope in coming few years blockchain technology and cryptocurrencies will have wide presence all over the world.

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November 29, 2018, 01:50:37 AM
 #103

moving to Singapore just because I can use my Bitcoins there is not a good idea for me, but yes, this will help Bitcoin grow more acceptance internationally.
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November 29, 2018, 02:38:00 AM
 #104

If you want to prove that you really have to go to Singapore, I have heard that this news is happy and you don't need to go to Singapore, so this news will make other countries jealous and will have a positive impact. The most strategic country in the trade route and must be able to do this, and Singapore is a developed country that is able to manage bitcoin well. Following Japan's technology and intelligence so facing the bitcoin situation will be more important.
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November 29, 2018, 02:47:37 AM
 #105

Not much store accept bitcoin as a payment method but lucky for us we can easily find some BTC ATM in this tiny country.

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November 29, 2018, 03:01:27 AM
 #106

Wow that's really exciting news, hopefully with this other countries will follow in the footsteps of the Singapore government. I can't wait to go to Singapore and shop with bitcoin.
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November 29, 2018, 10:12:44 AM
 #107

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?
We should also allowed it in other country because they have a also bitcoin but they can't pay it in market or etc.So that we should request or said that they should accept bitcoin.
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November 29, 2018, 11:02:53 AM
 #108

Singapore is one step ahead of us if they pay with bitcoin and I think it is great for them. They are one step closer to the bigger development of crypto, the development we are all waiting for.


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November 29, 2018, 11:18:22 AM
 #109

Singapore is a country that is very open to cryptocurrency. Not surprisingly, the government legalized crypto. And I think, this is a positive step from the Singapore government, in the process of globally adopting cryptocurrency
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November 29, 2018, 05:41:12 PM
 #110

Singapore has become a pilot country for Southeast Asian countries so that countries in Southeast Asia can legally use Bitcoin. This can be one of the best moments for Singapore and Singaporeans because it can make it easier to use bitcoin

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November 29, 2018, 05:50:06 PM
 #111

I can't open this excited news link. Singapore is a very suitable country for cryptocurrency and government make good regulation for cryptocurrency.
USA,Netherlands and also Denmark you can pay by btc to buy most of the products and you can cash money converted from using ATM.
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November 29, 2018, 06:12:45 PM
 #112

Of course. Let's go. Singapore is one of the top level counties in the world. This county has a great technology. Especially, Singapore is a country that is very open to cryptocurrency. Actually, that thing is a very worthy thing to that county. Definitely, they can improve the technology, social issues and they can be found more solutions through the crypto field. So, I believe them's selection is perfect.

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November 29, 2018, 08:22:55 PM
 #113

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Its good idea to introduced cryptocurrency in the financial systems of the worlds because it can help to reduce rhe usage of crypto in some illegal activities or maybe it will open the door to the banks to understand the purpose of bitcoin in the economy and to used it as one of their transaction option to get better their service. For me its good to know that it use in singapore, hopefully many country will follow.

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November 29, 2018, 08:39:19 PM
 #114

Introducing crypto currency into standard financial and banking system is a progressive and smart decision. I don't think it has much to do with the tourism of Singapore rather with its industrial and IT potential. All the major companies are using Singapore as their base in Asia and this is a good business decision. But yet again, Singapore is thousands of years ahead of most of the countries in the world so I highly doubt it that any other country will follow their example soon. It is a fair possibility to think of but, only on paper for now. Think about the speed of the transactions and safety and anonymity. Money makes the world go round and it is all about bringing more money by being progressive. Good for Singapore.
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November 29, 2018, 09:36:03 PM
 #115

Singapore is pleased with its commitment to innovation and openness to new technologies, including the blockchain and cryptocurrency calculations.

Former Huobi Executive Floats New Cryptocurrency Exchange in Singapore.
https://www.ccn.com/former-huobi-executive-floats-new-cryptocurrency-exchange-in-singapore/
A former executive at Huobi, Ju was instrumental in the redesigning and upgrade of Huobi’s crypto trading system, streamlining the processes and making it easier for traders to use, propelling the exchange to the world’s largest exchange by trade volume. On leaving Huobi, Ju was hired as Vice President of Technology at X Financial, a financial service provider that is listed on the NYSE. Not satisfied with his achievement in the crypto sector, Ju left X Financial to start Blue Helix, a crypto-based firm which aimed to develop a new digital asset custody and trading system.

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November 29, 2018, 09:53:45 PM
 #116

If that is really true that the country Singapore, is accepting payment of bitcoin ,then is good fir the entire cryptoworld ,because in the future , we might have business there, or travel to this country , it is good thing that Singapore adopt this bitcoin and holders can benefit this adoption of that country in the future to come.
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November 29, 2018, 10:06:56 PM
 #117

It is a very welcome idea of cryptocurrency being accepted on a country level. Singapore has made some major leaps in its economic development and won't be left out in the blockchain technology and cryptocurrency. I believe some other areas in the cryptocurrency sectors are also being explored.
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November 29, 2018, 11:01:40 PM
 #118

It sounds great. Crypto currency and other digital currency now are becoming trend or the best ways in this sophisticated, everything runs on digital because the effectiveness and efficiency of digital usage. Moreover, bitcoin is now the top and most used by many people around the world even in some country it is not officially legalized.
Bitcoin users in other country must want to hear the same news as in Singapore where provides payments service of Bitcoin. This is proof that Bitcoin is well recognizing and welcome, it must be improved more and more.

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November 29, 2018, 11:58:34 PM
 #119

I was there 2 days ago and I was surprised to see events after an event about blockchain. Event was called BlockShow asia 2018 and the a lot of known guest speakers are there the founder of BTCC. I think there no month a year where a Blockchain or Crypto related event, conference or trade show is happening in Singapore, so don't be surprised to see if in Singapore you will be able to survive using Bitcoins or Altcoins.
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November 30, 2018, 12:06:05 AM
 #120

now the most basic problem affecting the implementation of digital currencies in the country, is going to beat the official currency in the country, as well as market manipulation, in my opinion, and this news is a benchmark that blockchain technology will be increasingly used by developed countries besides Singapore
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