BitforTip – Knowledge is Money

Ever had that feeling what you know is useless and trivial? Well, nowadays, the market for answers is open, because of BitforTip, a Bitcoin-based answers site is now online wherein you can either ask a paid question, or answer and earn!

To use BitforTip to ask questions, one must first fund their account with Bitcoins. Once your account is funded, you can now set a reward for your question, and the Bitcoins used to fund it are now held in the BitforTip escrow — to be paid after you deem the answer correct and accurate. You can ask just about anything, from who was the artist of whichever song, to where you can get items for a cheaper the cheapest price!

Speaking of places where you can get items for a cheaper price, a member Zeus asked where he could get a Samsung Galaxy S6 with 32 GB memory  for less than AUD 750, and through BitforTip, got it AUD 112 cheaper. In Philippine Pesos that’s around PhP 3745.80.

As for earning, you can also start answering the questions posted on the site and getting Bitcoins from your the simple, complex or clever things you know. As mentioned above, the member who answered Zeus’ question about getting a brand new phone for a cheaper price, got around 0.004 Bitcoins. There are many more questions out there, where you can answer for coins. It’s definitely an easy way to get some bits from putting your wisdom and knowledge to good use.

The site is rather new, but the design is simple and minimalistic, and so far there haven’t been that much bugs in their system. You can either sign up using your Facebook account, or make a new one in their site itself.

They’re holding a giveaway for the first 60 members within their site:
Check it out and get some free bits to try out their site!

Whether you want to ask and get a guaranteed answer, help out some people with your knowledge or earn a few bits for less than 5 minutes of work, BitforTip is the right place for you.

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Recently, Rebit.PH – a Bitcoin remittance startup based here in the Philippines partnered with some notable companies around the globe. Rebit.PH is slowly growing, branching out not only to provide domestic or say, local remittances, but is easing the processes of Bitcoin remittance from overseas through the help of key partners across the globe.

One of those partners we mentioned above, is the alt-coin to Bitcoin hero,, as Satoshi Citadel Industries (Rebit.PH’s mother company) announced last September 29, 2015. is a means of instant and automatic alternative cryptocurrency exchange to Bitcoin, which can be used with custom payment gateways to allow the merchant to receive Bitcoins after the exchange. This would allow more ways to send money around the Philippines or from abroad, as some people would branch out to alt-coins for their added functionality, but would prefer Bitcoins as a means of payment because of its relative stability compared to these alt-coins.

Another would be ZipZap, a global money transfer application based in California. It wouldn’t exactly be based on Bitcoin, but through ZipZap, Rebit allows more ways of remittance from overseas (in the United States of America). This would be extremely beneficial for many Filipinos, especially for the large bulk of Oversees Filipino Workers living in the USA.

More news from Rebit and SCI are to come. As one of the most innovative and steady-growing startups centered on Bitcoin here in the Philippines, we have a whole lot more to see in the future.

Early August, a young emerging hack-a-thon called “The Search for the 2015 GreenOvators” started the search for ideas with the potential to make a revolution in the greening of MSMEs (Micro Small Medium Enterprises). The workshop and hack-a-thon’s first round out of three was last Saturday, August 29 2015.

The Search for the 2015 Greenovators Participants


The event was held in the Philippine Department of Environment and Natural Resources’ social hall from around 8:00 AM to 7:30 PM. Many great and green ideas were presented to hopefully raise awareness or form a habit for the sake of the country’s future. Some familiar faces were present in the GreenOvators hack-a-thon —‘s CEO Lyle Jover, a judge in the pitching battleground, and‘s Pinky Natividad, a mentor for these aspiring green-trepreneurs. These teams went through a 5 hour long roast to make the best Business Model — the biggest criterion for the round.



Some of these teams, namely JuanBill and ShakeStop, considered integrating

JuanBill’s Jeremy Lloyd De Jesus

Bitcoins into their work, by either accepting them for sales for ShakeStop, or somehow centered the application’s usage around the crypto-currency. Will the usage of Bitcoin be an edge for these teams, or will it just be another turn-off for the GreenOvator judges?


taken from

BEEKO: eBahagi Kaith Rhee Lopez
3 in 1 Trash Detector Noel A. Baga Jr.
Buy My Garbage Reuben Capio
Carbon Track Paul Aragones
EcoWebs Susana P. Guerrero
Ensa (EnergySAver) Kristine Quirante
eRecycle Jezebel Carcer
Green Checklist Em Bueta
GreenFormation Rachel de Villa
Hapi Verdie Al Santos
iGreen Edlynne Kaith Ravago
InvesTree Vicky Martinez
JuanBill Jeremy Lloyd de Jesus
Profityr James Brown B. Bete
Resiklo Jodielyn Francisco
ShakeStop Andre Cauilan
Solar Hybrid Grid Rudy Engracia
Solarize Archie Bautista
Stitches Adean Ressan M. Ladia
Trash Talk Erwin Joseph L. Manuel
Waste Book Ian Samonte
Waste Line John Enrick Pleños
Wrapp Rhoda Lyn H. Ramos


Around next week, the list of qualifying teams for the next round held on September 12, 2015 will be posted here on NewsBTC Philippines

Recently, the Philippine government stated that Balikbayan Boxes are now subject to inspections under the Bureau of Customs (BOC). The contents of these boxes were previously un-taxed and since it contained gifts from Overseas Filipino Workers to their loved ones in the Philippines. Now that the boxes are subject to inspection due to recent smuggling issues regarding these boxes, what exactly would that mean for our OFWs?

Most Filipinos, both in the mainland and OFWs are against this law, since these boxes are not only boxes full of stuff, but are fruits of hard work and labor apart from family, and are material proof of the memory of their loved one(s) abroad. However, some people abuse this privilege granted to the Filipinos by shipping off high-end and illegal commodities through these giant gift boxes.

Most would stuff these commodities deep down the box, and around it, place small items legal to be transported to the Philippines and sent through forwarding businesses like Manila Forwarder. This would be done to escape taxes from the BOC, but is the very reason this law was passed. The Philippine Bureau of Customs have come across a number of cases wherein these “Balikbayan Boxes” contain smuggled appliances and many different goods illegally transported to citizens of the Philippines. An estimated 50 Million Pesos is lost because of this every year. Though the inspections seem very intrusive, the concept of the Balikbayan Box will still be observed by the BOC, as they will only inspect the Balikbayan Boxes which are not accompanied by an actual OFW coming home from overseas, thus the name “Balik-Bayan” which means “Coming Home” in Filipino.

Because of these privacy issues, Bitcoin may be used to instead send money directly through wallets, or due to Bitcoin’s volatility, through local remittance services like Rebit to allow loved ones and/or friends to purchase their needed commodities directly rather than to have it shipped from abroad, take weeks to arrive, torn open and possibly confiscated by the BOC instead.

What is your opinion on this matter? Mail it to us at [email protected]

Earlier this week, NewsBTC Philippines interviewed Katalyst’s Joe Maristela.
An angel investor in FinTech and Bitcoin related ventures.


NEWSBTC Philippines: What drove each of you to start

It was a series of independent deals earlier in 2015 that led to us getting organized and putting together a structure around us to help us act on more opportunities in a more efficient way. I was in the Business Process Outsourcing business and have been for the past 5 years, not unlike Paul Rivera of Kalibrr — who also came from the BPO Business. But my BPO business doesn’t take outside accounts. Two deals came from being in this industry though. One was an offshoot of deals with me and my dad in California were already doing as accredited angel investors — in healthcare start-ups. Another solved a problem that almost all BPOs have: b2b remittances, and that’s where bitcoin came in.
Same with Pinky Natividad, another member of the Katalyst team. We were working together on events, and marketing projects. she came from an accounting/numbers background. It was a perfect fit, we saw opportunities and we didn’t just want to invest for profits. We have international backgrounds and we knew and felt deeply about the Philippines’ financial situation. Our work needs to address this, so we’re a practical business we do acknowledge the requirement of profits, but at the same time, we know that if that’s all we focus on: we’ll end up with the status quo: big banks that don’t care about the unbanked — otherwise they would’ve found a way to get them to get bank accounts, get credit, etc. (instead of loansharking—sorry to say), and we’d end up with an economy that was still mainly/mostly based on labor. which is what the Philippine economy’s essentially been based on. Labor. Not ideas. Labor. Not creativity or inventions. Just labor — with OFWs sending remittances to the PH, and manpower in manila to staff BPOs. That’s gotta change. So ‘’ is born of this ambition to be a catalyst for startups of change and progress, one of the first things that Pinky did as CEO of Katalyst was to quietly and slowly roll out a campaign called “forwardph” “ForwardPH”. You’ll see folks tagging “ForwardPH” with projects and initiatives that they might be working on at school. in their community. Doesn’t necessarily need to be a startup. Kind of like YouthHack—they try to get students to start thinking of entrepreneurship at an early age. and #ForwardPH — we’re trying to get founders to think about social impact at an early stage in their start-up.

In SF, a company called Salesforce is run/owned by Benioff, a partner with my family in healthcare. He’s donated clinical spaces, hospitals, etc. He requires of their applicants new hires and current employees to dedicate at least one day a week to community service because there’s an extreme income equality in San Francisco, actually it’s pretty disheartening to see actually. if you’ve got a heart, you’d feel pretty guilty. two blocks from Twitter HQ, there are drug addicts on the street just passed out on the curb. Benioff is an example of something aims to inspire and instill in founders in the PH. We already know all too well that greed’s overcome the PH for so long — and corruption … so it’s justified, to be wary of it, maybe even paranoid of greed, especially when there’re valuations such as GrabTaxi’s floating around

NEWSBTC Philippines: As a venture capital, what do you look for in start-ups before funding the team?

We obviously compartmentalize while trying to stay sympathetic and empathetic –need to keep an open mind as much as we can otherwise we might miss out on a great deal, but basically, hastily, we can throw pitches into a few bins. One bin is pure concept, no proof of concept, hardly any hardware or anything material to speak of. We’ve entertained pitches for apps without even a UI sketched up. kind of ridiculous, but again, we need to keep an open mind. Another in that early stage (pre-seed stage), is the proof of concept bin. They’ve got something that barely works, but they haven’t yet tested it in any kind of market. That’s all pre-seed money. If we were to invest in anything at those stages, we’d basically be acknowledging that we’re only investing in an idea and words from the person. We look to classify and categorize. The broader categories of course are pre-seed, seed, and marketing (pre-series A). We figure out where they are then there are two other bins that we use — super gross and general areas there. Either this thing is gonna monetize its way to revenues (which means that it’s gonna need a billion users) or it’s gonna be a premium service … if it’s a premium service, it’d better have a rich market … enterprise … and they’ve gotta have an account executive to be able to deal with managing enterprise accounts. Consumers facing premium service… those are almost always going to be more of the ‘monetize a billion users’ type of thing, ’cause either you price out your growth or you don’t have an efficient enough tech/platform/business model to bring prices down enough for there to be that growth. It’s all just a bunch of levers and switches that you have to adjust to see where/how the startup stacks up. During YouthHack Manila, we covered the idea of an addressable market and an obtainable market. The convention workshop folks mentioned to the YouthHack class is usually 1% at most. If you go to Y Combinator for example, and you pitch to them, and you say your addressable market is the $20b market of remittances flowing to the Philippines. IF they agree with you on that (huge “if” there), they’ll only ever assume as much as 1%, and that’s your max potential. As an investor that’s just a #defensemechanism.


NewsBTC Philippines: What can we expect from in the future?

Katalyst is basically doing a deal a month. Our evaluation team has a huge pool of startups but honestly most of them are very very rough. Katalyst was on ANC the other day,. if you can find the vid, we’re there and we talk about how the Philippines will invariably yield its first billion dollar startup … invariably #unicorn. For all the same reasons that the BPO industry’s done so well here — cultural compatibility; work ethic; demographics of our working population — the startup scene out here will do better.

NewsBTC Philippines: Alright, here’s our last question. What is Katalyst’s direct connection with Bitcoin?

Well’s angel investor Joe Maristela is leading’s seed round, and they’re continuing to evaluate FinTech businesses, because of what we mentioned… big banks — they’ve been there so long. Status quo right, nothing’s going to change. Not any time soon anyway, so investment in new FinTech companies is the only way. Something like Biggest remittance service based on bitcoin in the world. They do $20m/year in remittances, and they’re a just a year old. SCI.PH owns that. Its growth is crazy, and that’s just remittances.


The Bitcoin Organization Philippines or BOP is a nonprofit organization, and a community of Filipino Bitcoin enthusiasts, where each can share ideas, speculate and organize meetings/meet-ups with fellow Bitcoiners. July 25, 2015 – Saturday, the organization had a meet-up, and hosted a booth at YouthHack Manila 2015’s Startup Fair.


Miguel and students at the BOP Booth

Several members of the Bitcoin Organization Philippines were present during YouthHack Manila 2015, as they managed the organization’s booth. Miguel Antonio Cuneta and his colleagues helped informing students, future tech entrepreneurs rather, about Bitcoin.


Katalyst.PH @ YouthHack Manila, a venture fund and member of the Bitcoin Organization Philippines was a major sponsor of the event. Katalyst also hosted a start-up workshop/presentation for the YouthHack Startup Challenge 2015: “Developing and Marketing the Next Unicorn Product” to educate and inform aspiring entrepreneurs about the key to success. The venture’s big name throughout YouthHack and its connections to Bitcoin therefore piqued several young entrepreneurs’s curiosity towards Bitcoin, while visiting the Bitcoin Organization Philippines’ booth.

The Bitcoin Organization Philippines’ booth during YouthHack MNL 2015

We may be seeing more of Katalyst and the Bitcoin Organization Philippines in
more hackathons, financial workshops and tech conventions in the Philippines in the future as both slowly extend their reach throughout the country.


NewsBTC Philippines has scheduled an interview with Katalyst.PH, and we may be hearing more of their plans early this week. Stay tuned for more corporate Bitcoin news in the Philippines.


Maraming Pilipino ang gumagamit ng kanilang mga telepono araw-araw. Lahat ng ito’y may mga postpaid na plano sa mga telcom na kompanya, kundi naman ay bumibili ng load credits sa sari-sari store. Maraming walang oras pumuntang sari-sari store para lang bumili ng load, at marami naming wala ring transportasyon! Ngayon, puwede ka nang magbayad kung san ka man naroroon! Load gamit ang Bitcoin, Dogecoin o Litecoin? Walang problema!

Ang mobile shop ay ginawa at nakabase sa Pilipinas, ngunit ang mga serbisyong dala nito ay nagagamit din para sa iba’t-ibang mga bansa, mapa-United Sates ‘man o Indonesia! At siyempre naman, hindi lang din para sa telepono ang serbisyong iyan, kundi pati na rin sa prepaid na satellite TV tulad ng Cignal-TV! At kung sa tingin mo magtatapos pa roon ang kalawakan ng serbisyo ng, aba’y nagkakamali ka dahil hindi lang din Bitcoin ang tinatanggap na bayad dito, kundi pati ang Litecoin at Dogecoin! Sila rin ay nagkakaroon ng mga promo para sa kanilang mga serbisyo, paminsan ay discount, at kundi man discount, ay pan-dagdag naman sa iyong biniling load package!

Nakakatulong ang serbisyong ito sa masa ng Pilipinas, dahil una sa lahat, puwedeng bumili ng load credits ang mga mamamayan sa kanilang mga bahay o kung saan man nila gusto! Nakatutulong ito sa mga taong laging nagtatrabaho, walang transportasyon o kung anu-ano man! Isa pa’y di tulad ng ibang mga pam-malayuang mga paraang pambayad, mababa ang bayaring para sa pagpapadala!

Panload man, panregalo o ano man, MobileShop.PH. Isang serbisyong tumatanggap at gumagamit ng Bitcoin para sa sambayanang Pilipino!

Link papuntang mobileshop:

Isa sa pinakamalalaking problema ng paggamit ng Bitcoin ang pabago-bagong presyo ng perang ito. Marami nang beses bumagsak ang halaga nito, mula sa matataas na presyo. Ngunit, ngayon, mayroon na tayong madaling paraan na itago ang ating pera, at saan pa kundi sa ating mga telepono?

Ang NuDroid ay isang Nubit wallet kung saan puwede mong ipadala ang inyong Bitcoin at itago ito sa halaga niya sa Dolyar gamit ang exchange na Dahil doon, imposibleng mabago ang halaga ng iyong Bitcoin dahil sa pagbabagsak ng presyo. Mula dito, puwede ka rin magpadala ng Bitcoin, gamit ang iyong itinagong Dolyar. Sa ibang salita, ang NuDroid ay isang mabisa at mabilis na exchanger ng Bitcoin sa Nubit.

Hindi kailangan magregister para magsimulang gumamit ng NuDroid. Wala rin itong mga advertisements at kung ano-ano pang magdidisturbo sa iyong pagpapadala ng pera. Gamit ang inyong telepono, mapapabilis ang pagbabayad sa Bitcoin dahil sa pagsascan ng QR Code, at tuwing ikaw ay magpapadala ng pera, makikita mo kung magkano ang ibabayad mo sa Bitcoin at sa Dolyar, para sigurado kayo sa inyong binabayad. Kung ikaw ay nagaalinlang sa pagtatago ng inyong pera sa telepono, kaya ng NuDroid ipadala ang inyong backup at pera sa email o sa USB, para sigurado ka sa iyong mga pera! At kung hindi pa iyon sapat, ang NuDroid ay Open Source, at makikita mo kung pano nagawa ang NuDroid at ang mga laman ng program na ito, o kundi naman ay gumawa ng sarili mong version ng NuDroid.

Ang Nubit ay isang alternate cryptocurrency na kung tawagin sa Ingles, at ito’y may hindi nagbabagong halaga ng isang Dolyar ($ 1). Ito’y isang magandang paraan para magtago ng iyong Bitcoin, o magdala ng Bitcoin sa halaga ng mga Dolyar sa mga digital na lugar tulad ng mga application sa telepono, sa internet o kung saan man.

Madodownload ang NuDroid sa Google Play dito (Android 4.04 Pataas):

Ang iba pang mga katanungan tungkol sa NuDroid:

ONLINE merchants selling physical and/or digital goods are slowly adopting Bitcoin as their primary payment method. Bittunes, an indie music marketplace, helps automate payments and ease sales for aspiring big-time musicians.

Bittunes is an app that can be downloaded in Google Play. It allows its users to either become Music Makers, Music Movers and Music Promoters. Music Makers are users who upload and sell their music to the public. Music Promoters are users who do what they can to promote the music inside Bittunes, and Bittunes itself. Music Movers on the other hand, are users who can listen to the music or pay the Music Makers to keep the content offline. Putting up your music for sale in the Bittunes marketplace is a breeze! All you have to do is register, fillmobile in the details required about the track(s) and submit it to the Bittunes team. After a few days, it will be accepted and be published into Bittunes and may start earning royalties! The best thing about Bittunes? Indie musicians who use the app don’t need any licensing or complicated technicalities whatsoever!


If you’re a hobbyist musician looking for some spare change and a small fanbase, or an aspiring indie musician accepting Bitcoin looking to grow, Bittunes is the to-go place for you!


Bittunes in Google Play

Bittunes Blog and Development Website:

Paper wallets are slips or sheets of paper which contains a Bitcoin Private Key and/or a QR code for cold BTC Storage. Right now, the popularity of paper wallets is slowly increasing, as the market for tangible or so people say, “Physical Bitcoins” increases. There are a few paper wallet suppliers available for collectors, and some also cater to the wider range of masses in places including the Philippines., a running paper wallet service here in the Philippines offers a range of top-up style Bitcoin load cards the Filipino masses are already accustomed with, from topping up our cellphones load balance. Currently, you can purchase your Bitcoin Prepaid Cards in 3 places: in the Office, at the Yardstick Coffee Shop, and at BaiCapture Offices all in Makati, Philippines. As Bitcoin awareness spreads throughout the Philippines, so will the demand for Bitcoins. Filipinos are used to frequently visiting convenience stores and small stalls to purchase mobile credit top-up cards, quite similar to that of “Prepaid Bitcoin” paper wallets.

Although right now there are very limited locations to buy these prepaid cards, they offer a reseller program which both offers a business opportunity for people here in the Philippines, but also allows people to set up more locations to buy the PrepaidBitcoin cards.

Using’s cards are as easy as buy, scratch and enter! After purchasing and scratching open the code, you can easily navigate to and enter your card number and wallet address, and now you have some Bitcoins. This process is a lot easier than going over to the bank, depositing to an exchange’s account, find and/or wait for the right price and buy, which would probably take 12 hours at least. With these cards, although with a few fees, can take at most a few hours, or even less, as Smart Communication Philippines’s e-pin shop Gamex also offers e-pins, where you can buy using Sun Cellular and/or Smart Comms. mobile credit.

The convenience brought to the masses by these prepaid Bitcoin cards may be the key to further mass adoption, especially to developing countries as the Philippines since a big number of citizens are un-banked, and some don’t have the luxury of time to be undergoing the whole Bitcoin exchange process, or prefer an automatic trustless exchange unlike peer to peer exchange or peer to peer services like LocalBitcoins.

Other more notable paper-wallets are PaperSafe’s Satoshi Notes, or BitStake Nigeria’s prepaid Bitcoin cards, just like

Right now, Bitcoin may just be slowly spreading to the masses, in many developing countries like the Philippines, India or Africa. These prepaid Bitcoin Cards, or paper-wallets, may just be the key for widespread awareness.