Quote from: Baofeng on October 21, 2018, 07:34:41 AM

Quote from: marcbitcoins on October 15, 2018, 02:37:04 AM

Quote from: crzy on July 11, 2018, 06:09:42 AM

Philippines is now becoming a cryptofriendly, and this can help to boost their economy.
Despite of scams (Bitcoin Scam: https://bitpinas.com/news/php-900-million-bitcoin-scam-rocked-the-philippines/) happening around the Philippines they are still open for the possibility of adopting this technology, and the good news is Philippines is now granting a Licenses for the 3 crypto exchanges.

Here's the link: https://cointelegraph.com/news/philippine-special-economic-zone-grants-licenses-to-three-crypto-exchanges

I just hope that they will make a good regulations about this, and no politics involved about this thing.

I'm favor of the regulation as long as the safety is concern of all Crypto currency users which are the investors and the project owners. Most of the Filipinos knows that inflation rate is increasing and alarming as a result of Train law in which the government created it to collect more fund thru taxation therefore if the crypro regulation will be applied on this country then expect earning Bitcoin with tax will be applied too. Hopefully taxation will help to strengthen the economy but if it will only goes to corruption then this regulation will become useless and will just a burden in the future like the other expensive commodities in the market.

This is what most Filipinos mindset as well. Philippines is one of the most corrupt countries globally that's why they don't trust and majority always ask when the tax is going because it seems that the country is moving backward. Anyways, I'm also into crypto regulation because it will bring some form of legitimacy to the market. And I guess its inevitable, crypto friendly nations around the globe will have to implement regulations to gain more wider adoption.

Definitely agree into your point which is truly happening on that country where it is included into those countries which do have corrupt government but i believe this would really be changed up with the current president of PH. I would be somehow confident that if there might be some crypto taxation we can assure that it would be used up into things as it should be.

Quote from: 3rdworldbitcoiner on October 16, 2018, 02:10:56 AM

While the TRAPOs (Traditional Politicians) in this wicked country is still very busy doing different things non-related to crypto. It is best to HODL on your own and avoid investment scams that are scattered everywhere. I for one only use coins.ph to buy some bitcoins and some altcoin (heres my referral code by the way https://coins.ph/m/join/zta720 Grin

) and binance. And if you're the type of person who likes to minimize risk, I suggest buying now and if you make a little profit do not hesitate to convert it to Php and cash it out. Kudos Pinas!

Posting referral links is strictly prohibited yet theres no one would use it up.