This only shows that despite all the controversies and FUD's, Bitcoin can play a positive role in an economy as long as our leaders sees the better side of it. The Filipinos may generally be considered conservative, but as time passed, the way of thinking have surely changed. And so being open to change has certainly made more pros than cons. Though regulations are to be set, it is good to know that these are being made with the purpose of protecting its people from fraud or any other of its kind.