New Bitcoin exchange in the Philippines could set the stage for wider adoption
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Re: New Bitcoin exchange in the Philippines could set the stage for wider adoption
#2This is a good use case for Bitcoin. But I think the bits about being able to cash out from hundreds of Bank of the Phillipine Islands branches and the part about disintermediating the banks' role as middlemen are directly contradictary. If this gets any traction I suspect China type rules won't take long in arriving.
Re: New Bitcoin exchange in the Philippines could set the stage for wider adoption
#3An exchange set up by an anonymous legal entity, with no physical presence or accountability, and without approval from Bangko Sentral ng Pilipinas. Chancers like this are more likely to discredit and kill Bitcoin than promulgate its mainstream acceptance.
Re: New Bitcoin exchange in the Philippines could set the stage for wider adoption
#4An exchange set up by an anonymous legal entity, with no physical presence or accountability, and without approval from Bangko Sentral ng Pilipinas. Chancers like this are more likely to discredit and kill Bitcoin than promulgate its mainstream acceptance.
How are they anonymous? https://buybitcoin.ph/about