Bitcoin is here and I believe it is here to stay! Why? For one here in the Philippines it has become so useful to use bitcoin in an everyday setting. Bitcoin here is closely monitored by the BSP - Banko Sentral ng Pilipinas and is partnered up with coins.ph.
Now when I say Bitcoin (BTC) has become so iseful and practical in the PH is because of the following reasons:
*Valuable source of income
BTC is big and getting bigger and bigger. This kind of earning is the stuff dreams are made of here in the Philippines. If a bitcoin miner/trader was able to make at least 1 BTC, that would mean this person has earned a years worth of salary in the Philippines (even more). The only thing needed is education in BTC and the right attitude
*Gateway to convenience
Coins.ph is currently partnered with a lot of utility companies here in the PH. If you have bitcoin with you, You can basically pay for your electric, water, phone and internet bills through their app which utilizes BTC. No more having to travel to the payment center or standing in long lines!
*Make the PH a competitor in the Global market and helps Pinoy's become tech ready
BTC is still new to most people here. They don't even know what cryptocurrency is. That is why BTC is allowing more people to become technologically capable.
Hope you enjoy this simple read!