Paypal vs bitcoin: A Filipino Tragedy
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Bitcoin PHILIPPINES for
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Transcript of Paypal vs bitcoin: A Filipino Tragedy
Bitcoin PHILIPPINES
for
James
Meet
He freelances in the
Phillipines
One day I needed James to resize 41 images.
12$5
cents per image
total
I asked James if he would take
Bitcoin.
“Sure, as long as fees are less than
PayPal boss”
trust meand then I…
Sent
0
1.25
2.5
3.75
5
$5 $5
and james
received
0
1.25
2.5
3.75
5
$4.48
$5
but waitI forgot about one
image, so I…
sent
0
0.033
0.065
0.098
0.13
$0.12 $0.12
and james
0
0.033
0.065
0.098
0.13
$0 $0.12
received
PROOF
The Philippines is home to over 1,000,000
Freelancers
Most freelancing
pinoys find jobs on these sites.
2013 Philippine freelancers earned
$76 million
on this site alone.
$1 USD = 44.53 PH
fees addup
“Wow, I need to spread
the word”
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