Post
Topic
Board Legal
Re: Growing transaction volume in the Philippines
by
Hamphser
on 28/02/2018, 23:31:55 UTC
It would be a good chance for Philippines to get their own value. This is a kind of race and who gets in it first it will get the most.
Any updates on this one?
In what way the Philippines get value? There is no reward will be given if the more people are using bitcoin in that country.
But it is really helpful for the citizen of that country to increase their economy because Philippines is one of the country with high unemployment rate.
He/she probably misunderstood what does this topic trying to implicate and just rush in to reply on it. Philippines is done for good since crypto adaptation is abundant and healthy.
Its really obvious that his only replying out without even thinking on the true motive or essence on whats being written on OP. Going back on where Philippines is just silent when it comes to crypto transaction until it do give buzz into its government since it do already includes huge tx volumes regarding conversion on local fiat to bitcoin and bitcoin to local fiat. For now it is not being prohibited but there are already set up some restrictions on engaging specially on large volumes.