Quote from: rickadone on November 17, 2017, 03:42:47 PM

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.

At the end, it all balls down to who has the information, those who utilized the information to their benefit and those who decided to discard it. The thing is that not everyone can actually be imparted by the presence of bitcoin and the rich obviously have more advantage than the poor as they have enough resources to pull in anytime they want and reap the benefit.

Aside these, stages like this is the best, for the poor ones who have the information and are willing to make good use of it which still balls down to the learned and informed ones.

I agree with you bit i do not know what to do with it but i am glad that the central of Philippines recognizes bitcoin because there are a lot of Philippines people around bitcointalk.