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

Bitcoin has become inescapable all around the world. From the headlines in the papers to the top story in tonight’s news coverage, every now and then people talk about bitcoin, be it about a new service that accepts it or a rise or fall in exchange rates. But here in the Philippines, why should you care? Does the local sari-sari store even accept bitcoin? Does that person by the street even know what bitcoin is? So why should you consider accepting bitcoin in the first place?


To set up a credit card, you’ll need to fill out an application form for your profile and contact information, plus two government approved valid IDs. Plus, if you’re employed, you’d need your latest income tax return, a certificate of employment and a recent payslip.

Not to mention that most banks here in the Philippines require you to be 18 or 21, plus you would have to be employed long enough. Then you’d have to go to the bank you want to apply to, go through some background checks and screenings, give the requirements then you’d be asked to return for a day and sometimes as long as week, and then finally you have your credit card! Plus you have to pay way, way more with interest rates if you’re way past the deadline of a payment, and that goes to the bank, by the way, not the merchant. And then you only have to renew and wait one more time if you hit the expiry date! Yikes.

Literally all you need to sign up for a bitcoin account is usually an e-mail address and a password to come with it. If that’s not secure enough for you, there are wallets that come with two-factor authentication and even more security features if you are still feeling insecure. Plus it’s instant. There’s no age requirement too, so it opens up a whole new other audience, one that’s huge and really good for business: youngsters.


Sending bitcoin may take a while for a confirmation or two to take, maybe not instant, but it can be faster than a bank transaction, which makes it way more viable if you’re at a crisis and have to send someone money immediately.

Plus, considering that you have to wait so miners can verify transactions you make to ensure that it isn’t a ghost send or an unidentified or unauthorized transaction, the waiting only guarantees your precious money’s safety through internet lines. You never have to worry about an accident about the network being too slow and a transaction accidentally being doubled.

No more long lines for having to press a couple of buttons to open up the cash register, grab some change and the payment plus claiming the drink. Your customer could walk right in, send the amount to a scanned QR address you would just put up and just pick up their drink and be on their way. Not to mention your money is secure in a digital wallet with no one to touch it, no fear of a robbery, a hold-up or even a clerk grabbing a few coins, since the money is stored safely in your own secure virtual vault.


A wallet is free to make, and you can make as much as you want. No renewal fees, no interest and definitely no expiration date. Your account won’t die out or be frozen. Plus all you need to make a transaction is a decent connection to the internet, and just send the money to your local coffee shop’s address and there you have it, you have paid for coffee.

No need to pay any additional costs, minimizing transaction fees. Just a direct line from the consumer to you, and there’s no catch behind it.

So have you decided? How are you going to use bitcoin in your business?