But if Filipinos wanted to enjoy earning Bitcoin, would it be nice if they just pay the taxes then? I guess its now part and parcel of getting bitcoins, paying taxes for the government. The only drawback I see is where those taxes go? I'm pretty sure that almost all of us know how the Philippines is considered as one of the corrupt nation globally. Even the previous governments have entered a lot of anomalies and contracts and later revealed that a lot of officials in involved and raking up billions of dollars. So we don't know if the tax that we are going to pay would end up on some politicians pocket or will truly be channeled to governments project to improved the lives of a lot of poverty stricken Filipinos. So yes, hoping that the government doesn't interfere about how crypto regulations tax would go.