At present situation government actually not so much concern about such kind of currency for that reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Since the government in our country have less knowledge in cryptocurrency they were not truly aware of different illegal activities that some users did..in the maintime the government started to listen the different concern of the victims since there is this couple who allegedly scammed Filipino investors in the a way of a pyramiding scam.They almost got 1 billion converted to pesos.The government were alarmed on this matter,we will not be surprised if one day the government would take part in cryptocurrency rules and regulations inorder that we can avoid the same cases to happened in the future.