50 sats \ 0 replies \ @ethanrose 18 Aug 2022 freebie \ parent \ on: Bitcoin Island, Philippines community update bitcoin
I've been to the Philippines recently and QR payments are the norm actually (well, aside from physical paper monopoly money)
I had 4 BTC liquidated by Nexo today, just barely touched the LTV :-( I "sold" even though I never would have dreamed of selling if it was up to me / if I was willing to post more collateral. But I'll buy them back soon...
I believe a good chunk of the downward pressure was likely from people in similar situations to mine -- bitcoin hyper bulls who got forced to sell.
Hey! Filipino-American Lightning maxi here:
Pouch.ph is the first lightning wallet with Philippine fiat/banking rails so we're excited to be helping with arcade.city's traction here wherever we can. :)
Also note we're also working on adding USD/ACH with Prime Trust so stay tuned for a US launch in a few months. We love Strike.me but we want to help with lightning adoption in the US too :3
-- Ethan (Founder, Pouch.ph)
GENESIS