Another good news for cryptocurrency in the Philippines

[pecson134]

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

Maybe in this way many people in the Philippines might recognize the use of cryptocurrencies because, for me, it not just like an investment but can be also used as a mode of payment in different transactions. As of now, we can totally see different industries that accept bitcoin and other cryptocurrencies. I also think that the owner now has a good investment in cryptocurrencies maybe it is now one the whale in the market. Lastly, having a business that accepts cryptocurrencies is a new way to make a better profit.

The Philippines is one of the top countries with higher usage of internet worldwide so it won't be surprising that using bitcoin or accepting bitcoins as a method of payment would be an option. Probably transaction other than selling properties would start to accept bitcoin even small scale business who can do such payment would be available in the future.

[1714043785]

1714043785

[1714043785]

1714043785

[1714043785]

1714043785

[1714043785]

1714043785

[1714043785]

1714043785

[1714043785]

1714043785

[matchi2011]

of course this is good news. both the buyer and seller can benefit. the buyers can get the property they can buy property with the crypto they have and the seller also get crypto which can also be used directly as an investment tool. property and bitcoin are attractive investment tools and now many people are interested in investing in both. investing in property and bitcoin I think is more profitable than investing in the stock market or bank.

To  people who are open minded this venue of investment is really a good place to invest your money, if you understand the concept both being a payment process and store asset will be able to collaborated. This move from bitcoin believers will bring more interest to those who are not yet
inside this industry.
Also a good proof that bitcoin is another payment venue that can be used as an alternative to the existing payment process.

[Aying]

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

Maybe in this way many people in the Philippines might recognize the use of cryptocurrencies because, for me, it not just like an investment but can be also used as a mode of payment in different transactions. As of now, we can totally see different industries that accept bitcoin and other cryptocurrencies. I also think that the owner now has a good investment in cryptocurrencies maybe it is now one the whale in the market. Lastly, having a business that accepts cryptocurrencies is a new way to make a better profit.

In my country philippines many people are open minded about crypto currency. all people want to develop and use an easy way of transactions. philippines are included to those country who are mostly using cryptocurrency as payment. online shopping here is already have cryptocurrency payment method. so this will be the start of crypto growth in philippines.

[haidil]

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

Maybe in this way many people in the Philippines might recognize the use of cryptocurrencies because, for me, it not just like an investment but can be also used as a mode of payment in different transactions. As of now, we can totally see different industries that accept bitcoin and other cryptocurrencies. I also think that the owner now has a good investment in cryptocurrencies maybe it is now one the whale in the market. Lastly, having a business that accepts cryptocurrencies is a new way to make a better profit.

really good news, if the way people think about crypto is open. and can already use crypto to shop is really extraordinary.
In my country philippines many people are open minded about crypto currency. all people want to develop and use an easy way of transactions. philippines are included to those country who are mostly using cryptocurrency as payment. online shopping here is already have cryptocurrency payment method. so this will be the start of crypto growth in philippines.

[doomistake]

Already philippines have regulations for using cryptos?

If its still in the uncertain phase,then using bitcoin for buying properties without regulations may bring some difficulties later.

The said properties was not own by the Government, it is a private properties by rich people, and buying it using Bitcoin and Litecoin is the same as buying it with fiat, it will just bring some difficulties to whoever buys that if the needed legal documents are not legit, the Government might take the property in that case, but this is all good in my jurisdiction since the owners are crpytocurrency enthusiasts.

It is a nice move for them because they don't need the money that much (since they are rich) and holding bitcoin 'till its price skyrocket again is no problem for them at all.

[panganib999]

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

What a great news, I keep reading and stumbling across news like this, just earlier I've read that a small tech shop in the philippines is accepting bitcoin as payment, considering that it's just a small scale business but is very accepting and has adapted cryptocurrency, is a good sign that bitcoin or cryptocurrency is paving its way through the smallest after making an impression to big businesses. And now, this news just proves that the catalysts of massive adaptation of bitcoin is now increasing and nothing, even the life status can stop it.

[Daltonik]

It is also good news for residents of the Philippines, as Bloomberg reports, the largest bank in the Philippines, UnionBank, together with Swiss custodian Metaco and IBM, is going to add trading and storage of digital assets for its customers to the line of services. Cathy Casas, head of the UnionBank blockchain group, believes that it can be expected that over the next five years approximately 3-5% of Filipinos will be able to place cryptocurrency on their accounts.
So it is possible that UnionBank customers will soon have the opportunity to buy, accumulate and sell cryptocurrencies.

https://www.bloomberg.com/news/articles/2022-01-20/crypto-enthusiasm-prompts-philippine-bank-to-launch-trading

[paxmao]

Not being knowledgeable on the specfics, I think that Philippines is clearly one of the countries that can most benefit from crypto. Millions of unbanked people whoe need to carry on financials as usual and understand the use of the smart devices, even if not educated. It is the perfect environment to have a use case for a easily traded coin, perhaps litecoin or other with a low fee that can be used daily.

[mirakal]

Not being knowledgeable on the specfics, I think that Philippines is clearly one of the countries that can most benefit from crypto. Millions of unbanked people whoe need to carry on financials as usual and understand the use of the smart devices, even if not educated. It is the perfect environment to have a use case for a easily traded coin, perhaps litecoin or other with a low fee that can be used daily.

Banking is not a problem in the Philippines, as long as the area has internet, they can access their money and do transactions online. We have GCASH with over 50 million registered users, i think they are the biggest in the digital world (fiat) and they are planning to enter in the crypto world.

[carlfebz2]

Not being knowledgeable on the specfics, I think that Philippines is clearly one of the countries that can most benefit from crypto. Millions of unbanked people whoe need to carry on financials as usual and understand the use of the smart devices, even if not educated. It is the perfect environment to have a use case for a easily traded coin, perhaps litecoin or other with a low fee that can be used daily.

Banking is not a problem in the Philippines, as long as the area has internet, they can access their money and do transactions online. We have GCASH with over 50 million registered users, i think they are the biggest in the digital world (fiat) and they are planning to enter in the crypto world.

Its still a presumption or rumor since these had been said on last years.

https://www.rappler.com/business/cryptocurrency-trading-available-soon-gcash/
https://www.philstar.com/business/2021/05/31/2101925/gcash-eyeing-cryptocurrency

For now it wasnt implemented yet but who knows right?

[boyptc]

Not being knowledgeable on the specfics, I think that Philippines is clearly one of the countries that can most benefit from crypto. Millions of unbanked people whoe need to carry on financials as usual and understand the use of the smart devices, even if not educated. It is the perfect environment to have a use case for a easily traded coin, perhaps litecoin or other with a low fee that can be used daily.

True.

It's a developing country and many people are becoming open with cryptocurrencies. And that's the why many of the folks are going to maximize the potential of crypto and get the benefits from it.

There's also the help of the NFT games that have been making rounds in the country. It has forced the players to educate themselves towards crypto so it's also a blessing in disguise.