04 Sep '12, 11am

The unbanked can now receive conversions of #bitcoins to Philippine pesos through cellphone

I have friends in CDO and Zamboanga that I will be introducing to Bitcoin soon. They will be making private loans in PHP and offering their clients to have overseas family and friends send Bitcoin much cheaper and more convenient than money remittance services. They will also use their operating capital to exchange Bitcoin locally. I am told that private lenders are much less regulated than pawn shops. I am trying to find out if they are familiar with Hawala in Zambo and Sulu.

Full article: https://bitcointalk.org/index.php?topic=88320.0

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