Post
Topic
Board Economics
Re: Another good news for cryptocurrency in the Philippines
by
bitgolden
on 20/06/2019, 14:15:08 UTC
Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment

Iloilo is a province in the Philippines, we have a lot of people in the provinces that are cryptocurrency supporters so this is not surprising, as long as it is done in accordance with the law, although here in the Philippines we still don't have a marketplace for real estate that caters to cryptocurrency supporters.
It is not only in Philippines that we don’t get to hear of real estate investment as regards crypto, I have never seen any project too generally that is geared towards real estate using crypto, most of the real estate projects I have seen raising ICO has been purely scam, and real estate is another area that will boost the development of cryptocurrency if the managers can put crypto adoption into consideration.

It is amazing that cryptocurrency is beginning to be considered fully as means of payment by great companies like that one of Philippine and I know that with time, a lot of business  men and women will also do same as those property owners did in Philippine.