Post
Topic
Board Bitcoin Discussion
Re: Policy intervention for Bitcoin?
by
jseverson
on 24/04/2018, 09:15:56 UTC
The call itself likely won't have any effect. The Philippine market is quite small, and is certainly nowhere near big enough to cause worldwide jitters like the G20 summit did.

The outcome probably could though, but you can't expect it to have the same effect as when big news drop from South Korea or pre-exchange ban China. Bitcoin has been fairly steady during the India and Iran bank bans, so I would guess it will take much more than bad press from a small country to move it.