Post
Topic
Board Bitcoin Discussion
Re: How Phillipines adopting BITCOIN
by
santino11
on 22/11/2018, 18:25:28 UTC
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.

What fast food accepts the bitcoin for payment?
I never tried it and i want to use my BTC.
I know the ATM at Makati but it will collect a huge fee.

There is CEZA in Cagayan supported with cryptocurrency, mainly NEM
The pride of the Philippines in Cryptocurrency is LOYALCOIN a soldOUT ICO.