0NLINE BL0G P0STS Archives — UP College of Law

Is Cryptocurrency Money?

'To answer this question, we need to consider the basic functions of money, which basically are three: means of exchange, store of value, and unit of account' Cryptocurrency has been getting negative news lately. Just last Friday, January 21, Bitcoin, the largest cryptocurrency, lost 8.7% of its value. The other cryptocurrencies likewise suffered from a steep decline in market value. This reminds me of a question that my student asked me before, when we were discussing currency or money being the most important part of the financial system: Is cryptocurrency money? To answer this question, we need to consider the…

Beyoncé for President: Popularity is not a free pass to the Presidency

'A basic rule in political law is that a candidate for public office should have all the qualifications and none of the disqualifications for office.' There are statements making social media rounds that view the qualifications of Ferdinand Marcos, Jr. — his eligibility to run for President — as a political question. The argument goes that a political question cannot be decided by the Commission on Elections, and ultimately by the Supreme Court. This is incorrect. These statements also promote the view that a candidate (Marcos) who is leading in election surveys cannot be disqualified, ostensibly, because the people will…

Should banks be held liable for the BDO/Unionbank phishing scam?

'We should not lose sight of who the real villain is here' You have to give it to Filipinos for always injecting humor in everything they do – even in the perpetration of scams. The recent news about the unauthorized fund transfers from BDO depositors’ accounts to the UBP account of Mark Nagoyo brought to the fore the issue of bank liability for online scams and the Filipino brand of humor. I suspect that whoever is the perpetrator of this scam is a Filipino, considering that only a Filipino would fully understand the irony of the manner this scam was done. The…

Beyond the Coup in Myanmar: The Other De-Platforming We Should Have Been Talking About

by Jenny Domino “At each of these moments, Facebook took action too late, and too incrementally, to avert harm – harm that the platform knew was imminent and which its very design facilitated. Facebook’s history in Myanmar highlights the broader problems with content moderation in vulnerable contexts, and it should serve as a cautionary lesson to companies that wish to prevent their platforms from facilitating atrocities.” On Feb. 24, 2021, three weeks after Myanmar’s military (the Tatmadaw) staged the coup that changed the course of Myanmar’s future, Facebook announced it was banning all “remaining” military and military-controlled state and media entities from…

The 1989 UP-DND Accord: Content and Context

by Prof. Michael T. Tiu Jr. “The worry that the unilateral abrogation would imperil academic freedom and constitutional rights is not unfounded.” February 2021 marks the 50th anniversary of what we now remember as the “Diliman Commune” — a period spanning the first nine days of February 1971 when students of the University of the Philippines took control of UP Diliman by barricading its entry points and fighting off attempts by the military and police officers to gain access to the campus. It happened during a period of unrest, particularly among the students, academics, and unions of jeepney drivers propelled…

Philippines and the United Nations at 75 Years: Past Performance, Future Prospects

by Prof. Andre Palacios “The Philippines was an active participant in the San Francisco Conference 75 years ago. We must continue to be an active participant in defining the UN’s role for the next 75 years. Like with the successful of the Manila Declaration, the Philippines can lead in developing a consensus among states for reshaping the international legal system.” UP Law Assistant Professor Andre Palacios delivered the lecture during the webinar entitled "In Larger Freedoms: 75 Years of the Philippines and the Charter of the United Nations." The event was organized by the Philippine Department of Foreign Affairs to…

End of content

No more pages to load

Older Posts