The term "bitcoin" is not so popular in the Philippines, but over the years, it is gaining both popularity and notoriety. There are many concerns about its validity, veracity, and even its source. Some people may think that Bitcoin is a scam but it's not; in fact, it's just similar to a commodity being bought and sold, depending on the price in the market. Think of it as a 'virtual item' that may be sold and bought.
With the advent of local payment gateways accepting Bitcoins, such as Coins.ph, more and more Filipinos are seeing Bitcoins as a great alternative to using banks and credit cards in online transactions. In addition, because of the number of Internet users in the Philippines, it is not entirely surprising that Filipinos are now jumping into 'investing' and 'mining' bitcoins.
But the first thing that most people ask is this: how exactly do you get bitcoins?
There are actually a few ways of getting bitcoins, but after the break, we'll be discussing some of the more popular ways to help you get started in getting your bitcoins.
