@dothebeats - Just search google for e-Peso bill in Philippines and take your pick of various stories. My personal feeling is that the e-Peso will never get off the ground as government controlled currency, but it does increase awareness and knowledge of crypto in general, which is also good for Bitcoin.

Bitcoin and crrypto will be the future of remittances into the Philippines, but the country has a long way to go for the average man on the street to use - he will want Pesos, either in Fiat money or something similar to Gcash / Paypal, which is what I am developing with Tagcash.com