Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
Dotakels
on 18/10/2015, 07:45:44 UTC
I wonder? Well in a 3rd world country like Philippines in which only a few percentage of the population knows what is "BTC".

But I'm pretty sure it will become a trend once bigger companies push bitcoin in PH. Some already adapted BTC as it payments.

This will take decades or so to be recognized as a "Currency" like paper money.

In the Philippines im sure they could make big profit out of stuff like signature campaigns. If they knew about it they would get into it, probably they would be able to get higher than minimum wage (not sure what minimum wage is on there but im sure it's rather low). Same goes for loans etc. Of course it would require a lot of posting and it would require that whoever is doing it is somewhat competent with the english language.
yeah bitcoin is the biggest thing and the easiest way to earn money i ever known here in Philippines, its a great help to the students that can't study because of financial problem, and also its a great help to a person who doesn't have a job they can use bitcoins as an side earnings. yeah your'e right many of filipino's does not speak english especially in those poor area and can't access to internet.

I don't think students that can't study can rent into an internet cafe. They don't have any money to spent there time for this and as you can see they can't start in a highest paid. this forums start from 0. Maybe people who are in middle class can but people doesn't have extra money they can't afford to rent. And I'm sure this will take a lot of year for bitcoin to be a global currencies. As of now middle class can afford this or who are working. not all of people are have internet and computers to their home.
yeah you're right i did not think about that problem, middle class people can use bitcoin and those can access internet, but many Filipino's can't. Sad