Another good news for cryptocurrency in the Philippines

[bettercrypto]

Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment

This article shows how cryptocurrency becomes trend in Philippines. If ever it will become popular in this country, Filipinos will embrace it so much. I knew that Filipinos are addict in everything. So definitely, they will adapt cryptocurrency. Using to buy properties in Ilo-Ilo would be a big step for new type of payment in Philippines. I hope it will continue more.

[Fredomago]

Another case in which it is said that law enforcement agencies would like to control the cryptocurrency and prevent people from using it is impossible. Crypto users are growing exponentially.

Crypto industry will proceed and make more attention around the world not only in small country like Phillipine but many other countries will adopt the system and let the process will take place, it's booming and let many people to use the system for the benefits of easier transactions.

[CASTIEL05]

So glad there are people that are willing to accept or let people pay them in bitcoin. There are a lot of people in our country that still don't know what bitcoin is and what crypto currency is. The thing is that I doubt someone that has a good amount of bitcoin will buy that, instead if that is me, I'd rather hold onto it rather than using it. Fiat can still be used despite coingeek converting those fiats into btc or ltc.

That is the spirit of Filipino. Though we are cultural sensitive and we cannot move on easily towards technological advancement, we did not end in development also. We have our own ways of getting the new trend and Filipino loves to be the first want to try and feel something new. Sometimes we are so called reformists. We like to change.

[Shenzou]

Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment

It is good to see some more crypto adaptation and some attention paid to it, especially in the Philippines since it is considered one of the most bitcoin and crypto supporters, i hope that other companies and sellers take the same route, as paying for properties with bitcoin seems a little bit impossible as the people who own a large amount are probably going to hold it and they are not the spending type, i think the best way for crypto to advance and get accepted everywhere is micro transactions like Amazon or ebay.

[brotherwood12]

that was great news !! , more and more developing country are adapt and using cryptocurrency and people will ready for future payment also cashless society

[DoublerHunter]

As of now, having cryptocurrencies as a payment option has a least of problems. The cash-in fees are expensive enough to hurt your feelings while withdrawing it from a platform. Also, the bitcoin's price is volatile and it would make your bookkeeping messy and confusing so you won't think of keeping it to your wallet because you will know how complicated it is to compute when the price changed especially rapidly.
Well, hopefully, all countries follow the steps of being crypto enthusiasts.

[erikoy]

I think it is more a good news knowing that the payment courer like lhuillier companies had invested to satoshi group a known group of bitcoin and founder of bitcoin. I never had thought that there is a group created and visible for bitcoin. The founder still alive and even marketing bitcoin through adaptations in a form.of payment scheme using p2p way.

[Hemady17]

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

[Finestream]

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's  economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

[reality18]

The Philippines are truly crypto enthusiasts and are always on the move to take crypto to another level by utilizing its services. With time, the economic status will raise and be well enhanced due to the financial freedom and job opportunities crypto will create in the Philipines if most of the people become well informed in crypto.

[wahyu wida]

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's  economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

of course we think of ourselves first. by investing in low prices, it allows us to get the maximum profit. and I think after that it doesn't matter to tell others, it will certainly be beneficial for us. but the most effective news from the government to legalize it

[Lawrenzoo]

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's  economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

[congresowoman]

This is merely a small fraction of transaction compared to everyday trade that poeple would want to see before they start investing in cryptocurrency. Yes, this is a good news that poeple are actually making steps to make bitcoin known, but we still lack consistency on how we campaign this kind I do hope that in the coming years, Bitcoin will be used almost in all transactions like the fiat is now.

[guoyu78]

We know right now that Japan is a crypto friendly country, also Philippines and also USA is a friendly one too even though their regulations are very tough right now. These are the ones we know, I think Ukraine was friendly too but something happened and I don't know their last position. We know china banned many things related to crypto like ICO and mining as well.

So, at the end of the day we have countries both liking bitcoin and hating bitcoin as well and countries will watch them closely, they will watch and see what happens to them and depending on results they will decide themselves as well. It is going to be very very important for all of us that live in the friendly countries to pay their taxes properly and do whatever they can and make it a great thing so others will follow.

[Lumi3004]

I am sure that for the future of Asia, the Philippines will be a very lucky crypto for its people, for me this is a good example for other countries of the Philippines.
I also saw news about the exchange in Philippines, this would be very good news for Asia.
news: https://news.bitcoin.com/philippines-approved-cryptocurrency-exchanges/

[syamster]

According to FT news, among the Southeast Asian neighbours, Philippines has relatively more open to using Bitcoin and other cryptocurrencies. The Philippines’ relatively higher adoption rate of cryptocurrencies may be related to the Bangko Sentral ng Pilipinas’ (BSP) moves to regulate rather than ban Bitcoin and other cryptocurrencies. I think this is a good news and an opened door for new opportunities. Well, I assume that this adoption will expand especially for known businesses.

Hopefully this will lead to crypto adoption in the next years to come.Philippines has been very positive in welcoming new doors of opportunities which will be very helpful in increasing not just individual's  economy but the country's economy as well.I know there are already numerous bitcoiners spread all over the Philippines,it' just that they chose to be secretive than telling the whole people that they're into crypto trading or investing.

Secrecy in Cryptocurrency is just too much

This is not big deal but we should look at hug opportunities we are getting with bitcoin, not only in Philippines but all over the world. If they made it more secure with new technologies it is good, but before that it was having good name, I am sure now bitcoin will improve the economical state of Philippines even more;.

[btc_angela]

I am sure that for the future of Asia, the Philippines will be a very lucky crypto for its people, for me this is a good example for other countries of the Philippines.
I also saw news about the exchange in Philippines, this would be very good news for Asia.
news: https://news.bitcoin.com/philippines-approved-cryptocurrency-exchanges/

It's good to hear that Philippines is very supported of crypto and it's government really understand that crypto is not a bad thing specially for Philippines. And since there's only one exchange that really caters for Filipinos which is coins.ph, it will be nice to see other exchanges born and enter the scene to provide not just for Filipinos but in Asia as well. And I do hope that the government will continue it's support !!!

[Dontme]

Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment

Many companies and big names are already investing and using cryptocurrency here in the Philippines so this news is likely to happen now and there will be more because the adoption of cryptocurrency is getting better day by day.

[andieoke]

I have long heard that the Philippines is a country that is friendly to cryptocurrency, therefore many companies or stores accept Bitcoin as a means of payment.  And rightly the comments above, if this country does not accept Cryptocurrency as a legitimate payment instrument, then accepting Bitcoin as a means of payment for property will cause a big problem for a store or company in the future.

[costanos02]

Great decision, if i were the land owner I will do the same decisions, he/she knows how to earned money will, because he/she knows that the bull run is yet to come as part of strategy it is really good if you hold bitcoin while it still in lower price, and wait for the bull run and your money might be double or triple.