Post
Topic
Board Economics
Re: Central of the Philippines Recognizes Bitcoin
by
Marrionbitcoin
on 31/03/2018, 03:00:07 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.

Wow! That's a great news for the Philippines. It shows that Bitcoin is the new thing in a society. Bitcoin is really a game changer that can improve our economy and helps many people to earn extra income and it can reduce the povery rate. Bitcoin is our future investment so we need to cope up with it. Many people have already changed their lives better to we might as well to experience the same as well. So, we better to invest to Bitcoin now and wait for the price to go up again.