Post
Topic
Board Legal
Re: Growing transaction volume in the Philippines
by
Hamphser
on 01/03/2018, 19:45:04 UTC
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.
If they don't know what he is replying just correct him and make him understand what is OP had said, this is a forum and we need each other hands so that  we will all gonna learn, just help people don't bitch them it is better for us to help guys.

I am proud that I am part of the growing transaction here in our country and has been one of the contributor of the price hike.
I do agree on the things you do said since we have experience to become a newbie but we should really connect the things we are trying to reply on here since reading isn't really a hard job after all.Mistakes are common when we are still a beginner and it is acceptable but we should avoid it for longer runs.Going back into the topic if transaction volume would increase even more on near future I do believe that the government would already impose taxes on each bitcoin users who do earn big amounts and I'm really expecting into that one.