Yes, I heard about it that in the Philippines you can go to any 7-11 store and go to their kiosk and buy bitcoin, is that right? I thought though that the government is going to allow other exchanges to enter. Any updates on that news? Or maybe I didn't get my facts straight?

Yes you could use 7-11 store to load up your coinsdotph account.
And in your coinsdotph you could trade your Philippine Peso into crypto we could also buy ETH,XRP and BCH because they add it into their wallet.

if it is legal it means that it is only a matter of time for many merchants to accept crypto payment, of course it will be very effective, you can pay it with just one click or one scan. the effective key is in the number of merchants who accept it

Yeah it seems the philippines is bitcoin-friendly, quite opposite to china's stance on btc's legality. Other countries should follow suit. I mean, their central bank doesn't promote it of course but tells the people the risks they may take and what could happen. In the end, the people could choose what to do with their money. Actually a lot of countries in south east asia are already like this.

If you like bitcoin as a payment way and it has low fees compared to any fiat payment method, then why not? Why isn't it wise? You can just exchange fiat into btc and pay this way. Bitcoin is a payment method too, not just an investment option as you look guys.
Also it's not a good idea to hodl bitcoin, money has to be in circulation, I don't like the fact when others are just sitting and their only care is to wait while price rises.

It is so sad to see that those who have been in crypto for so long would deny it as a payment method and only see's it as an investment.
Bitcoin is not just an investment guys .

How come it is not the wisest idea ?
You prefer to pay with cash but let me ask you something?
Does paying with cash gives you a rebate? Does it gives you a discount?
Well if we use our local wallet it does and it also does save some time and money, How? It is so easy we could pay without leaving our house with just our phone we don't need to fall in line to pay for our bills no need to grab a taxi or what .
And if we want to pay with cash or turn our crypto into cash it would cost some withdrawal fee ,So if we want to pay with our local wallet we save our own time,energy and money by avoiding withdrawal fee and having a rebate.

But you will certainly change your mind when the price of the currency rises
We need to spread its idea and generalize its use as a currency because it speeds up adoption.

Honestly, I get your point and I understand you somehow. It is a wise move to be practical with btc — reserving it until the right time comes (Hmm, a bull run for example) in order to make the most of it. However, hodling has a disadvantage in the long run because you don't notice that as day passed you become greedier than before. Small price increase don't bother you anymore because you always think of a of a bigger fish to come. When that big opportunity come, there are tendencies that you still want to achieve higher. Well, I don't say that not having contentment is a bad thing but too much of it is not worthy anymore, it will only eat you.

Besides, spending btc or money in general is not a waste at all because you could get goods/services in return. That was fair enough I guess .