Quote from: Sled on November 14, 2017, 07:15:57 AM

Quote from: mistanama on November 14, 2017, 06:35:27 AM

Quote from: Xester on February 10, 2017, 07:11:50 AM

http://www.newsbtc.com/2017/02/08/philippines-bangko-sentral-recognizes-bitcoin-payment-system/

According to this article the Philippines Bangko Sentral Recognizes Bitcoin as Payment System. The article also added that Bangko Sentral states sees the virtual currencys potential to revolutionize the delivery of financial services. Additionally, they also mention how bitcoin provides financial inclusion, which is something traditional financial solutions have been unable to provide. This statements coming from the Central Banks of the Philippines will give a potential impact on the rise of bitcoins value on the market. And not only that, the Philippine Central Bank is not the only bank that sees the merits of bitcoin but also the the Central Bank of Nigeria.

This is an honor for me because I am from the Philippines as well. Certainly big changes will be realized and many Filipinos will lose their poverty and become financially independent. Finally freedom is ours to enjoy.

In every country there are poor who are suffering from the poverty and i don't think that if bitcoin is being accepted in a country then it will make the country free from the poverty because that is not possible and with bitcoin it will only give opportunities for the limited people because not all the people will surely become interested in bitcoin so i don't see any possibility for any country to become free from most common problem which is poverty.

I agree with you mate. It's undeniable that Bitcoin may help Filipino's to have a better living and will become successful with Bitcoin. Central Bank of the Philippines in doing good job in accepting Bitcoin as form of payment and investment asset because it will surely benefit the people that has knowledge in crypto all over the country. But we still have to accept the fact that Bitcoin can only change an individual who dedicated their time, money and hardwork on it. Poverty is everywhere even the most highly developed countries in the world has poor people living in the streets. Poverty is also one of the factors that affects crime rates. Not all poor people are having an access to internet connections, smartphones, computers or any electronic devices that connects people into cryptocurrency world. I am actually one of the poor and unemployed people but I can still manage to interact with the cryptocurrency community because I find ways on how to live a better life and escape poverty and lastly of course have financial freedom. I am happy because I found cryptocurrency as a tool to succeed and have a bright future and was so lucky too that I am here in this openminded community.