Philippines Towards Crypto.

in cryptonews •  6 years ago 

As We Are Listening Daily Basis From Some Months That Many Governments Taking Action Against Cryptocurrency. Especially Banks Doesn't Bear TheBlockchain. But Slowly They Are Understanding That Now It Is Need Of World. It Is 21st Century, Where Paper Money Is Converting To Electronic Money, Where No One Keeps Paper Money In His Pocket, Where People Are Paying Money Through Their Mobile Accounts Or Through Their ATM Card. And We Can Say That 21st Century Is Crypto Century.

Now The News Is Five Banks In Philippines Are To Pilot Ethirium-Based Blockchain For Retail Payments.

The Union Bank Philippines Has Picked Five Rural Banks For The Blockchain Pilot, In The Second Largest Island Of Philippines Named Mindanao. Where That Will Test The Real-time, Cheaper Retail Payments.

They Are Hopefully To Rope More Than 100 Country's Rural Landscape This Year. But It Will Directly Depends On The Performance Of Rural Banks. Thy Said

Hopefully, we could go above 100 [rural banks] before the end of this year … It depends on how fast the rural banks will adopt,

Other Countries Governments And Banks Should Also Take Benefits From Blockchain And Cryptocurrency. They Should Know Believe On The Importance Of Blockchain.
Thanks For Reading.

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I have a question for you, if you don't mind.

Given Duterte's crackdown on so many people over there, do you think altcoins could be a path towards helping people resist his rule? Or at least to be able to speak out / act against him without so much fear of reprisal?

  ·  6 years ago (edited)

Currently we couldn't say any thing about Crypto Market. It change time to time. Sudden Pump And Sudden Dump. Makes suggestions of senior experts wrong.