It is good when you save your bitcoin in your wallet like I stored it to coins.pH and anytime i need to withdraw in case of emergency I convert it to peso and transfer to my bank account.
Yeah it is good that the Philippines made an online wallet like coins.ph that accepting bitcoin and convert bitcoin into our money country. It is one og the most trusted wallets in our country. And like you said if you have emergency it is a less hassle because the coins.ph is enough to convert the bitcoin into our money country