Just like any new technology in its early stages of development, decentralized protocols like the Bitcoin network will be facing more challenges before gaining mainstream adoption, much like the internet itself. The fact that Bitcoin challenges that status quo and breaks the lucrative positions of the gatekeepers of the financial world adds even more resistance to its adoption and success.
But, just like how the internet started as a disruptive technology challenging legacy media, publishing, and the telecommunication networks of the world, And for the first time, Filipinos are at the global forefront of this adoption curve.