Having crypto is like having wealth stored digitally, especially if the price of bitcoin rises to USD 20,000 like 2017, many people become millionaires.
But the policies of each country are not the same, there are even countries that prohibit the use of crypto because it harms the government. My country's policies are quite wise, not prohibited, but not a means of payment.

I think its great that coin.ph allow you to pay for your bills that is a massive jump forward for crypto. Good to see countries embracing it. Can you also buy other physical items?


You don't need lots of money. You can convert what you already have into btc. It is changing quickly though so I think only some will buy bitcoin. What you talking about is the rich risking btc as an investment with extra money they can afford to lose. Some who cannot afford to lose money might still buy bitcoin since it helps and makes it much easier to spend and pay for bills.

I think it is just a matter of time, using cryptocurrencies as a medium of payment will get the utmost publicity and adoption it deserves. Like, it’s rightly stated that Bitcoin is being used for payment for services in the Philippines, it will get the desired attention with time. It’s already a movement that cannot be tamed but nurture to grow.

It is a great news your country has seen the future so early and you can use btc to perform all these. I wish the situation is same in my country so we can actually enjoy every bit of the benefits of btc use. I'm just hoping it is legalised in my country too

Utility use of crypto currency  is blocked in india before in 2017 India about to see mass adoption  Unocoin company planned to launch crypto Pos there after india completely ban use of btc for merchants

Many countries are now adopting cryptocurrency for virtual payments such as Bill Payment, credit card payment, etc. and the use of Bitcoin in the corporate sector is creating a ground for the cryptocurrency in the open market.

Have you looked properly? It is still a while until we have physical bitcoin transactions with people. Online stores many accept bitcoin as a payment with the payment processor like coinpay and bitpay for example.
Bitcoin doesn't need to be admitted or recongines as a currency to be used. I prefer it not to be recognised then I can say its magic internet money and its not real.

To be honest, I didn't expect this move from our Country. Yes, I know that coins.ph existed before but accepting it like this is just great for us. And I hope that they will do the same thing as well in other countries. I invited some of my friends to this forum but they seem rushing for money instead of focusing in the technology cryptocurrencies can bring. If there is any thing that should be regulated, that is money laundering by the use of cryptocurrency.

Not only online store bitcoin can be used here in my country, but also it can be used in a coffee shop and or even there's an internet shop here who also accepted bitcoin. Online stores are very common that they also have to use bitcoin but I think usually you need to convert first to fiat then purchase the product online. The outside store that accepts bitcoin is only to scan their QR code and then automatically send your payment to them.