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Image source: https://pixabay.com/illustrations/crypto-currency-bitcoin-blockchain-3130381/

Bitcoin was once thought to be a revolutionary alternative to fiat money that would disrupt the traditional financial system. 15 years after its birth, Bitcoin and the slew of altcoins that emerged in its wake are predominantly used as a trading and investment mechanism and less as a payment method. Investing in crypto is also easier than ever before, with plenty of guides on how to buy Bitcoin breaking down every step of the process.

Although its popularity increased considerably over the years in keeping with its ongoing price rise, Bitcoin is still a long way from being embraced as a mainstream form of payment. Its legality varies substantially from one country to another, ranging from relative acceptance, as is the case in most developed economies, to complete prohibition in countries like China, Egypt, or Morocco.

Even in jurisdictions where Bitcoin is legally accepted, it still doesn’t enjoy the same status as government-backed currencies, with only two exceptions: El Salvador and the Central African Republic (CAR). These two nations have already grated Bitcoin the legal tender rank and several others seem to be interested in following down the same path in the future.

Trailblazers in cryptocurrency adoption

It hasn’t been that long since Bitcoin became a legal tender for the first time, which is not in the least surprising given that the digital asset has a rather short history spanning only 15 years. But it’s been enough to gain some valuable insights and lessons in this respect.

In 2021, El Salvador broke the ice by becoming the first nation to recognize Bitcoin as an official national currency alongside the U.S. dollar. Ensuring greater financial inclusion, enhancing investment opportunities and fostering innovation and economic development were the main arguments that Nayib Bukele, El Salvador’s president, put forward for this historical decision.

Local authorities partnered up with several major companies like Bitso, Silvergate Bank and Athena Bitcoin to build a viable crypto infrastructure by facilitating the creation of official Bitcoin wallets known as Chivo and crypto ATMs. This allowed locals to conduct Bitcoin transactions quickly, effortlessly and free of fees.

In 2022, the Central African Republic, one of the poorest countries in the world with almost 70% of its population being affected by extreme poverty, took a page from El Salvador’s book and proceeded to recognize Bitcoin as an official medium of exchange. The purpose was to tokenize the country’s natural resources as part of a master plan known as Project Sango.

Unfortunately, Bitcoin’s stint in the local economy ended rather abruptly one year later when officials reversed their decision. The Banking Commission of Central Africa (COBAC) ban on crypto, a 90% lack of internet access among the population, mistrust and low levels of crypto literacy were the main factors that led to the project being rejected.

Is the official adoption of Bitcoin a good idea?

Both El Salvador and the CAR wanted to take advantage of Bitcoin’s capabilities to address many of the economic issues they were struggling with, namely low growth rate, inequality in the distribution of income, poor financial inclusion, and inflation. In CAR’s case, using Bitcoin alongside the CFA Franc would help them reduce their dependency on France which holds 50% of their foreign exchange reserves.

From an economic standpoint, these two countries had solid reasons to make Bitcoin a legal tender, but their experiences highlight several challenges in this respect. The biggest hurdle in integrating Bitcoin into the local financial ecosystem was represented by the lack of adequate infrastructure.

While El Salvador might have a better internet penetration than the CAR, 40% of its

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By: MFM
Title: Bitcoin as a legal tender – what we’ve learned so far
Sourced From: www.mensfashionmagazine.com/bitcoin-as-a-legal-tender-what-weve-learned-so-far?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-as-a-legal-tender-what-weve-learned-so-far
Published Date: Thu, 09 May 2024 14:05:07 +0000

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EXCLUSIVE: Bianca Umali on Winning an International Award and Working With Nora Aunor

One look at Bianca Umali and you know that she is all about Pinoy pride. From flaunting her morena skin to donning Filipino-made pieces, she does not shy away from representing her race and culture. Of course, you can also count on her own craft as part of Filipino excellence. At 2024 Jinseo International Film Festival, the Kapuso star took the honor of the Best Dramatic Performance award for the film Mananambal. In an exclusive interview with MEGA Entertainment, Bianca gives us a lookback on her movie experience, her Best Actress outfit, and her bright future with her next project, Sang’gre

RELATED: Bianca Umali Teaches Us How to Pose and Post on Instagram

Bianca Umali Jinseo Arigato Festival Best Actress Mananambal
Bianca Umali at the Jinseo Arigato Film Festival

A Shared Victory

“It was an overwhelming feeling of mixed emotions. As an actor, this means the world to me,” the actress begins. “While filming, I just dedicated myself to give more than good justice to my role and make the most out of the working experience with Ms. Nora. Bonus na lang na may makapansin at pumuri sa efforts ko.”

Bianca Umali Jinseo Arigato Festival Best Actress Mananambal Nora Aunor
Bianca with National Artist and Best Actress Nora Aunor for Mananambal

Even in her Gen Z status, the actress is already hoping that her win will inspire the next generations who would like to pursue the same craft as hers. “I dedicate this award to the younger generation of actors as well, especially to the aspiring ones who may face obstacles along the way. I want them to know that their dreams are valid, and with passion, perseverance and the right amount of love and respect for yourself and what you do, anything and everything is possible,” she offers.

A Role of a Lifetime

Perhaps it is Bianca’s consistent and persistent willingness to refine her craft that takes her to greater heights, with recognition just a prefix to her grit. For Mananambal in particular, the actress not only had to play the part but actually look and be it.

Sharing her process, she recounts, “I prepared for it mentally by doing my research about what the life and ways of a true mananambal is. Emotionally, I did personal workshops to build the character and study my scenes. Of course, physically, by growing my hair longer and enhancing my morena skin more for the look of the role.”

Bianca Umali Jinseo Arigato Festival Best Actress Mananambal
Stylist John Paul Dizon worked with Bianca for her looks

During the festival, the actress also exerted her effort for her looks. She reveals to MEGA that throughout their Japan trip, it was only her and her stylist, John Paul Dizon, who collaborated with her ensembles. “He was in charge of my clothing and I was in charge of my hair and make-up,” she shares. “In all the years that JP and I have been working together, what we value the most in our team up is collaboration.”

The Next Bianca on Camera

After the Jinseo Arigato Film Festival, Mananambal has yet to make its Filipino cinema debut. “Iniikot pa sa iba’t ibang film festivals internationally. Pero definitely ay magkakaroon kami ng theatrical release dito sa Pilipinas. Hopefully, by the end of this year,” the Kapuso star says.

Sang'gre Encantadia
The actress plays the daughter of Danaya, known as Terra, in the upcoming series, Sang’gre

Hopping from one project to the next, Bianca is also top billing the next Encantadia series Sang’gre. With fans of the past and today surely on their toes for the series, the actress shares the excitement of the audience. “We have been in the process of creation and taping since November last year. It is a project na pinaglalaanan namin ng napakaraming oras at paghahanda para mapaganda. Hindi na rin ako makapaghintay na makita ng mga tao ito.


Photos and Featured Image: BIANCA UMALI (via Instagram)

The post EXCLUSIVE: Bianca Umali on Winning an International Award and Working With Nora Aunor appeared first on MEGA.

———————————–

By: Chlarine Gianan
Title: EXCLUSIVE: Bianca Umali on Winning an International Award and Working With Nora Aunor
Sourced From: mega-onemega.com/exclusive-bianca-umali-on-winning-a-best-actress-award-and-working-with-nora-aunor/?utm_source=rss&utm_medium=rss&utm_campaign=exclusive-bianca-umali-on-winning-a-best-actress-award-and-working-with-nora-aunor
Published Date: Mon, 10 Jun 2024 05:39:01 +0000

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Fashion

EXCLUSIVE: Bianca Umali on Winning a Best Actress Award and Working With Nora Aunor

One look at Bianca Umali and you know that she is all about Pinoy pride. From flaunting her morena skin to donning Filipino-made pieces, she does not shy away from representing her race and culture. Of course, you can also count on her own craft as part of Filipino excellence. At 2024 Jinseo Arigato Awards, the Kapuso star took the honor of the Best Actress award for the film Mananambal. In an exclusive interview with MEGA Entertainment, Bianca gives us a lookback on her movie experience, her Best Actress outfit, and her bright future with her next project, Sang’gre.

RELATED: Bianca Umali Teaches Us How to Pose and Post on Instagram

Bianca Umali Jinseo Arigato Festival Best Actress Mananambal
Bianca Umali at the Jinseo Arigato Film Festival

A Shared Victory

“It was an overwhelming feeling of mixed emotions. As an actor, this means the world to me,” the actress begins. “While filming, I just dedicated myself to give more than good justice to my role and make the most out of the working experience with Ms. Nora. Bonus na lang na may makapansin at pumuri sa efforts ko.”

Bianca Umali Jinseo Arigato Festival Best Actress Mananambal Nora Aunor
Bianca with National Artist and Best Actress Nora Aunor for Mananambal

Even in her Gen Z status, the actress is already hoping that her win will inspire the next generations who would like to pursue the same craft as hers. “I dedicate this award to the younger generation of actors as well, especially to the aspiring ones who may face obstacles along the way. I want them to know that their dreams are valid, and with passion, perseverance and the right amount of love and respect for yourself and what you do, anything and everything is possible,” she offers.

A Role of a Lifetime

Perhaps it is Bianca’s consistent and persistent willingness to refine her craft that takes her to greater heights, with recognition just a prefix to her grit. For Mananambal in particular, the actress not only had to play the part but actually look and be it.

Sharing her process, she recounts, “I prepared for it mentally by doing my research about what the life and ways of a true mananambal is. Emotionally, I did personal workshops to build the character and study my scenes. Of course, physically, by growing my hair longer and enhancing my morena skin more for the look of the role.”

Bianca Umali Jinseo Arigato Festival Best Actress Mananambal
Stylist John Paul Dizon worked with Bianca for her looks

During the festival, the actress also exerted her effort for her looks. She reveals to MEGA that throughout their Japan trip, it was only her and her stylist, John Paul Dizon, who collaborated with her ensembles. “He was in charge of my clothing and I was in charge of my hair and make-up,” she shares. “In all the years that JP and I have been working together, what we value the most in our team up is collaboration.”

The Next Bianca on Camera

After the Jinseo Arigato Film Festival, Mananambal has yet to make its Filipino cinema debut. “Iniikot pa sa iba’t ibang film festivals internationally. Pero definitely ay magkakaroon kami ng theatrical release dito sa Pilipinas. Hopefully, by the end of this year,” the Kapuso star says.

Sang'gre Encantadia
The actress plays the daughter of Danaya, known as Terra, in the upcoming series, Sang’gre

Hopping from one project to the next, Bianca is also top billing the next Encantadia series Sang’gre. With fans of the past and today surely on their toes for the series, the actress shares the excitement of the audience. “We have been in the process of creation and taping since November last year. It is a project na pinaglalaanan namin ng napakaraming oras at paghahanda para mapaganda. Hindi na rin ako makapaghintay na makita ng mga tao ito.


Photos and Featured Image: BIANCA UMALI (via Instagram)

The post EXCLUSIVE: Bianca Umali on Winning a Best Actress Award and Working With Nora Aunor appeared first on MEGA.

———————————–

By: Chlarine Gianan
Title: EXCLUSIVE: Bianca Umali on Winning a Best Actress Award and Working With Nora Aunor
Sourced From: mega-onemega.com/exclusive-bianca-umali-on-winning-a-best-actress-award-and-working-with-nora-aunor/?utm_source=rss&utm_medium=rss&utm_campaign=exclusive-bianca-umali-on-winning-a-best-actress-award-and-working-with-nora-aunor
Published Date: Mon, 10 Jun 2024 05:39:01 +0000

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Charlie Dizon Ties the Knot With Carlo Aquino After Her First Gawad Urian Win

Charlie Dizon is thriving in life and love as she brings home both an award and a man home with her Best Actress win and her new role as Mrs. Carlo Aquino

Congratulations are definitely in order for Charlie Dizon whose weekend is definitely a double celebration! Last night, the actress won her first Best Actress accolade at the Gawad Urian Awards 2024 for her performance on Third World Romance. But earlier today, she and fellow actor, Carlo Aquino, also finally tied the knot. 

Charlie Dizon Carlo Aquino wedding marriage Silang Cavite Gawad Urian win Third World Romance Steph Tan
Charlie and Carlo tie the knot in an intimate celebration; Photo: MYIO OKAMOTO (via Instagram)

RELATED: EXCLUSIVE: Loisa, Charlie, Elisse, and Alexa Find Their Missing Pieces After Pira-Pirasong Paraiso

In her acceptance speech, Dizon thanked her now-husband whom she called her “partner and lucky charm.” Aquino also starred in the Dwein Baltazar film. The announcement of their wedding surprised many of their fans and supporters, with a number of them still high on Charlie’s victorious moment the night before.

In an Instagram post shared by Star Magic, a number of celebrity guests also attended the wedding. Actors Belle Mariano, Kaila Estrada, Alexa Ilacad, Loisa Andalio, and Elisse Joson, Adrian Lindayag, and Ketchup Eusebio posed with the couple as part of the entourage.

Charlie Dizon Carlo Aquino wedding marriage Silang Cavite Gawad Urian win Third World Romance

Meanwhile, Sue Ramirez also graced the occasion as Charlie’s Maid of Honor, while their principal sponsors include Maricel Soriano, Vilma Santos-Recto, Sylvia Sanchez, Olivia Lamasan, Lauren Dyogi, Carlo Katigbak, Cory Vidanes, and Charo Santos-Concio. “May your marriage be filled with endless love and happiness. Cheers to a wonderful life together!” Santos-Concio wrote in her caption, greeting the couple for their new chapter.

Charlie Dizon Carlo Aquino wedding marriage
Charo Santos at Charlie and Carlo’s wedding; Photo: CHARO SANTOS-CONCIO (via Instagram)

In her back-to-back celebration, the actress sported a sleek bun that showcased her bespoke attires for the respective events. At the 47th Gawad Urian Awards, she wore a baby pink terno with bowed iterations by Jro Alarcio. For her big day in her newest role to date as a wife, she donned an embellished v-neck wedding dress designed by Steph Tan.

Charlie Dizon Carlo Aquino wedding marriage Silang Cavite Gawad Urian win Third World Romance Steph Tan
Charlie wears an ensemble by Steph Tan; Photo: MYIO OKAMOTO (via Instagram)

Featured Image: MYIO OKAMOTO (via Instagram)

The post Charlie Dizon Ties the Knot With Carlo Aquino After Her First Gawad Urian Win appeared first on MEGA.

———————————–

By: Chlarine Gianan
Title: Charlie Dizon Ties the Knot With Carlo Aquino After Her First Gawad Urian Win
Sourced From: mega-onemega.com/charlie-dizon-ties-the-knot-with-carlo-aquino-after-her-first-gawad-urian-win/?utm_source=rss&utm_medium=rss&utm_campaign=charlie-dizon-ties-the-knot-with-carlo-aquino-after-her-first-gawad-urian-win
Published Date: Mon, 10 Jun 2024 01:16:56 +0000

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