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Topic: Bitcoin vs Gcoin (aka Googlecoin) who wins? (Read 2820 times)

sr. member
Activity: 365
Merit: 251
April 16, 2014, 04:31:49 PM
#43
1. With the echonomic and human resourches they has they can develope whatever they want, and outcompete others easily with use of time.
If they throw their weight behind Bitcoin or an altcoin, whichever they choose will get a boost. If they start from scratch, they'll have the same problems all altcoins have, of getting anyone to care. The only way I can see it working is if their new coin is technically brilliant, and even then it's dubious. (Lots of altcoins seem technically better than Bitcoin to me, but they don't have much momentum.)

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2. The mainstream people and market will adopt it more easily, just because it is branded and has a trust foundation even if it would be desentilized. Look at gmail from they started developing it and what it is today.
Although that's true, most of their own services are free. They can't get the ball rolling by accepting the currency themselves because most of us don't pay them anything. I think being endorsed by Amazon would be a bigger deal than being endorsed by Google.

Their resources could even count against them. We know they have huge server farms, so if their own coin is mineable by them, they could mount a 51% attack against it. It'd risk being treated as a private currency rather than a distributed one.

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3. if they put focus on something they actually finish it to goal.
That's a big "if". They have a lot of internal projects that never see the light of day, and a lot of the ones that do are half-baked and/or get dropped. They are not above having two operating systems - Android and Chrome OS - in the same mobile space.

Overall, I think Google and companies like them are far more likely to endorse bitcoin than create their own altcoin.
legendary
Activity: 4270
Merit: 4534
I would never , ever invest in or use google coins.  Google is an obnoxious corporation with entirely too much power that thinks it can do whatever it wants and most of the time it can... It's already taking over the world.  
And buying up robotics companies left and right... including Boston Dynamics, the makers of this adorable little nightmare-machine, PETMAN: https://www.youtube.com/watch?v=mclbVTIYG8E

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you already pay goverment tax, yet you decide to also throw more money into a department of defense projects.

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!!!!!
full member
Activity: 187
Merit: 100
I would never , ever invest in or use google coins.  Google is an obnoxious corporation with entirely too much power that thinks it can do whatever it wants and most of the time it can... It's already taking over the world.  
And buying up robotics companies left and right... including Boston Dynamics, the makers of this adorable little nightmare-machine, PETMAN: https://www.youtube.com/watch?v=mclbVTIYG8E


OMFG not only was I fooled into an April Fools joke but now we are all going to be killed by a Terminator robot!

Oh the humanity!
full member
Activity: 187
Merit: 100
Hehe, nice april 1st joke, and more funny you acually believed about Gcoin  and created a thread about it Cheesy

Yes I was duped and I admitted it many posts before yours. Excellent job restating the obvious.
legendary
Activity: 4270
Merit: 4534
although Gcoin is a april fools, if they did invent one. they would peg each coin as being $1 or something. and rely on the fact that people will hand them fiat and hope they can offer enough resources/services/ products, that by the time they take their fee's in the middle and most people not cashing out. that they will end up with a large FIAT stash pile,

google do not like the price variance of bitcoin, so bitcoin will always win the scarce resource digital currency war
google will centralize their mining. so bitcoin will win the decentralized currency war
google will control the fiat exchanging. so bitcoin will win the local exchange war.

although google will try to offer services to merchants online and offline. their fee's wont win them any favours.

imagine it visa charge google 2%, google adds another 1% fee.. and then tries offering merchants a google wallet with a 3% fee
full member
Activity: 126
Merit: 101
Be Here Now
I would never , ever invest in or use google coins.  Google is an obnoxious corporation with entirely too much power that thinks it can do whatever it wants and most of the time it can... It's already taking over the world.  
And buying up robotics companies left and right... including Boston Dynamics, the makers of this adorable little nightmare-machine, PETMAN: https://www.youtube.com/watch?v=mclbVTIYG8E


Petman is adorable!  I'd hate to see it come chomping out of the woods unexpectedly though!

Google's also doing a LOT in the way of radical life extension -

http://www.theverge.com/2013/10/9/4820356/google-reportedly-investing-hundreds-of-million-into-its-new-life

And busy scooping up solar powered drones -

http://www.cnet.com/news/google-buys-solar-powered-drone-company-titan-aerospace/

Annnd working to bring us the outernet - from space

http://www.ibtimes.com/introducing-outernet-free-worldwide-wi-fi-access-beamed-space-1556016



So....robots...space net...life extension....solar powered drones....

It looks soooo cool but also looks like they're actually trying for skynet!  Grin

legendary
Activity: 1876
Merit: 1058
Vave.com - Crypto Casino
Thats a pretty good april fools even had a decent idea of using the search engine to be "rewarded" in coins.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
I would never , ever invest in or use google coins.  Google is an obnoxious corporation with entirely too much power that thinks it can do whatever it wants and most of the time it can... It's already taking over the world.  
And buying up robotics companies left and right... including Boston Dynamics, the makers of this adorable little nightmare-machine, PETMAN: https://www.youtube.com/watch?v=mclbVTIYG8E
hero member
Activity: 766
Merit: 509
This is a hoax.  Read into the coin announcement and all the other related posts/articles.  The client is downloaded from sourceforge. Just that fact, which I found in about 20 seconds, tells you that it is not made by google.
newbie
Activity: 23
Merit: 0


it would not surprise me if bitcoin was google's creation let out in the open to take a life on its own.

Wouldn't surprise me either.

so why it doesn't accept it?
legendary
Activity: 2674
Merit: 2965
Terminated.
Is it a true news? i doubt seriously? If google would have launched it, it would be a big news.
No it is not.
full member
Activity: 154
Merit: 100
Is it a true news? i doubt seriously? If google would have launched it, it would be a big news.
Try reading this thread from the start.
Sheesh.
full member
Activity: 181
Merit: 100
Better don't say if you don't know!
Is it a true news? i doubt seriously? If google would have launched it, it would be a big news.
full member
Activity: 154
Merit: 100
Ive tried looking for info on gcoin nd found nothing. Has it launched?
Try reading this thread from the start.
full member
Activity: 210
Merit: 100
Ive tried looking for info on gcoin nd found nothing. Has it launched?
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I would never , ever invest in or use google coins.  Google is an obnoxious corporation with entirely too much power that thinks it can do whatever it wants and most of the time it can... It's already taking over the world. 


Google has a superb email, is revolutionizing residential internet connections and infrastructure in the U.S., are making revolutionary progress in autonomous cars, invest heavily in renewable energy, support many many non-profits, help combat human trafficking and child abuse, protect threatened and endangered species, fund education programs around the world in impoverished areas, donate 100 million USD a year in grants, donate 60,000 volunteer hours a year, charitably give 1bn USD in products & services a year, just gave groups in Africa a MILLION solar powered lights, funding projects that turn human waste into both fuel and fertilizer...


Yes, Google is such a wicked wicked company.

doesnt matter how much "good" they do... the us government gives billions in foreign aid.  its still too much centralized power.
sr. member
Activity: 518
Merit: 250
Gcoin? we dont need another scam coin like USD.
full member
Activity: 126
Merit: 101
Be Here Now
Because it helps drive innovation unto itself...keeps the competition fierce and while that is going on, people experience the concept and pick their favorite...and the rest fall by the wayside as one dominant emerges. We *need* more coins for the same reason we need only one - choice and an alternative from fiat.

More selection, better choices.

full member
Activity: 195
Merit: 100
why does the world need another coin? how chaotic will it be when everyone starts creating their own coin.

please stop creating altcoins.
hero member
Activity: 1372
Merit: 783
better everyday ♥


Google also knows that you like pornhub way too much, that you like searching penis growth tablets, and is it legal to marry my sister in this state.

Don't put too much faith in Google, you cross them you'll get Googled!

https://www.youtube.com/watch?v=cj83dL72cvg

I don't care what they know about me. If I did I wouldn't use their services.

You say that now, but when they release their robot army like it's Judgement Day....

Look out!   Grin
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