Quote from: worldofcoins on November 04, 2018, 02:52:20 PM

Quote from: EllieBasti05 on October 23, 2018, 07:30:28 AM

BEFORE:

Negative impact on the economy as per the past government.
The remittance market is increasingly $26 Billion annually which is rank no. 3 in the world.
Charities has limited reach internationally because of high transfer fees.
Unqualified merchants to accept digital currency.
10% transfer rate from fiat money.

NOW:

You can now purchase goods using a bitcoin in some small online merchants.
Availability of Bitcoin Atm located in Salcedo Street, Makati Philippines.
Bitcoin as donations given to the charities reaches internationally
Pay services using bitcoin.
Buy foods and drinks in the fastfoods in the philippines.
Lastly, increasing and growing numbers of people using bitcoin in the philippines.

This is how our country adopting a new technology, How's yours? Please share with us.

To me it sounds that the Philippines is doing much better than most of the countries at adopting Bitcoin as method of payment.
There are numerous ATMs in the UK but not so much places where you could buy food with cryptocurrencies, correct me if I'm wrong guys.

although there are acceptance by the commercial establishments here in my country which is Philippines it does not mean that the government has already regulate the bitcoin industry, I can only say that it is legal if the banks accepts client with the crypto as the source of income, although the payment method using bitcoin is a good indication that the country accepts bitcoin it is better if the government will lead the acceptance rather than small business establishments.