Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on October 27, 2018, 06:41:14 PM

Title: How Philippines adopting BITCOIN
Post by: emma.lee1890 on October 27, 2018, 06:41:14 PM

BEFORE:
Negative impact on the economy as per the past government.
The remittance market is increasingly $26 Billion annually which is rank no. 3 in the world.
Charities has limited reach internationally because of high transfer fees.
Unqualified merchants to accept digital currency.
10% transfer rate from fiat money.

NOW:
You can now purchase goods using a bitcoin in some small online merchants.
Availability of Bitcoin ATM located in Sacerdotal Street, Katmai Philippines.
Bitcoin as donations given to the charities reaches internationally
Pay services using bitcoin.
Buy foods and drinks in the fast-foods in the Philippines.
Lastly, increasing and growing numbers of people using bitcoin in the Philippines.

Title: Re: How Philippines adopting BITCOIN
Post by: sola on October 28, 2018, 04:17:30 PM

But i guess everyone have their role in this play. I like to think that hodlers help preventing the price from crashing when the market is particularly bearish.