Philippines still not fully recognized bitcoin in country.
It is fully recognized in the Philippines, our government is currently monitoring bitcoin exchanges and one of the popular bank in the country is launching their own crypto atm(
source).
I think this is an trial and error if this will be error all btc will be waste. Wait until the price of btc return and sell it into dollar so you can pay your bills.
The risk is always there when investing and everyone should know that.
Maybe, the best thing one can do is to exchange it for money, then use the money like it has always been used.
If people are spending it on the same thing(bills,load,food) then it's best to do it directly.