Post
Topic
Board Economics
Re: Central of the Philippines Recognizes Bitcoin
by
Sled
on 10/12/2017, 03:34:42 UTC
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 currency’s 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 will a good news to all Filipinos and all the investors who greatly believe the bitcoin capacity in each and everyone of us.

This will be a great news and it means a lot because  they open their minds already towards bitcoin.
I agree to that. The Filipino people in the Philippines will believe more in bitcoin because they will know that the Central of the Philippines also recognizes bitcoin and the people there who are already earning bitcoin will be more happier because they will have a chance to make their wants happen like paying bitcoin in a store.