Google Opens The Door To Mass Cryptocurrency Adoption

justdimin

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Quote from: Paulinerims on August 23, 2020, 10:31:33 AM

Big crypto brands already with a Google Pay cooperation are Paxful, Coinbase, and Newscrypto, with the last being the first platform to offer direct cryptocurrency purchases using Google Pay for their native (NWC) token, that is on a big run recently because of it.

Just showing how working towards mass adoption will be helpful for the projects yet to come.

A lot of companies who in the past were against cryptocurrencies are now opening up to accept it again. There was a time when Google has some issues with cryptocurrency, and even went to the extent of taking down some videos on YouTube, which I really don’t know what that was about, but now they have accepted it. That’s just how it’s going to be for others as well, as time goes on they will all come to accept it.

Companies are now seeing the importance of blockchain and crypto currencies such as Bitcoin, and none of them want to be the last in adopting it, so there are all rushing in now that it is still early.

rima28

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I have been trading for a long time .and wondering about other trading practice and habit everytime I do not follow my plan it turns out to be a very bad choice to to abandon it I have sold a few of them inteli thought I mean to hotel them for mass longer I quite working as it old only DJ panchmi most of all squared holding a lot of less so looking all the time want portfolio makes no sense it old only hand me more.

Paulinerims

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Another article on the subject.

https://www.techtimes.com/articles/252040/20200825/paypal-bets-big-on-crypto-google-and-amazon-might-be-next.htm

BuNga_cute

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I don't think Google opens the door to mass cryptocurrency adoption, because Google is a centralized company as opposed to crypto
which is decentralized. They are only taking advantage of the increasing popularity of cryptocurrency, by providing Google Pay to buy
crypto. And I believe to buy Cryptocurrency through Google Pay you have to do KYC first.

bangkecol

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It will very nice if google starting using cryptocurrency . Google is big company. More people will join and interested to using cyptocurrency.
The mass crypto adoption will be near in the future.

abel1337

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Quote from: MCobian on August 25, 2020, 10:59:33 PM

I doubt Google opens the door to mass crypto adoption, what they are doing with Google Pay only facilitates people who want to
buy cryptocurrency. Like any other company, this is done in order to profit from transaction fees. So google did this only for their
own benefit, not for mass crypto adoption. Actually what Google has done has already been done by Paypal, Mastercard and Visa.

That's right, I think they just want to profit it out since people are more comfortable using their payment system so they take advantage of it but it doesn't mean they have an open arm in cryptocurrency. Also, they might collect data from the user who use their platform, This might be their plan since you are revealing your bitcoin wallet address and it will be stored in their databases.

target

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Quote from: debitel on August 26, 2020, 02:54:40 AM

Quote from: milewilda on August 25, 2020, 05:40:27 PM

Quote from: target on August 25, 2020, 12:54:11 PM

Whenever there is newcrypto, its always going to be spam. They have nothing to do with this google pay but they manage to insert themselves even without a single strand of relevance. Its a scam coin driven by spam. You will notice that most of the posts done by its shills are often clickbait like this one. No source link was even posted coming from google, seem a fake news.

Im having the same impressions in regards to this matter or topic on where i do have questions if this one is legit or just fake or simply trying to shill out that NWC(Newcrypto) project? https://coinmarketcap.com/currencies/newscrypto/
We had lots of similar news about acceptance and considerations towards crypto on where integrating or implying it into its service specially to those big companies that we had known.Im trying to search out further
more but i havent seen any similar info with Google.So most likely this one is just trying to shill out.

Don't know about you two, but I basically see the possibility to buy NWC tokens with Google Pay.

Can you elaborate why would it be a scam coin? sitting on some good profits.

Don't know about you too but I can see countless shill posts you've made about this newscrypto in the past.

The thread title on this thread as we can see is "Google Opens The Door To Mass Cryptocurrency Adoption" but the shills in Op's vein just can't resist in mentioning newscrypto like they are the first to be adopted among the lists of cryptocurrencies. There hundreds more before your newscrypto, don't put all your hopes to it like its the only coin you have in your wallet that you need to shill it every page of this forum.

bearexin

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Like others I would have said that it’s best that they put more focus in making their system better and filtering out scam and phishing websites, but then I understand that it’s not really possible for them to keep an eye on every website, because there are like millions of them.

So, it’s up to people to report bad and misleading websites, Google has provided the option to report a website or any advert you see that is misleading and suspicious, so we should play our part in ensuring the safety of other investors especially the ones that are still newbies. And lastly, it’s good to see that Google is now accepting cryptocurrency and helping to make things easier for investor.

debitel

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Quote from: milewilda on August 25, 2020, 05:40:27 PM

Quote from: target on August 25, 2020, 12:54:11 PM

Whenever there is newcrypto, its always going to be spam. They have nothing to do with this google pay but they manage to insert themselves even without a single strand of relevance. Its a scam coin driven by spam. You will notice that most of the posts done by its shills are often clickbait like this one. No source link was even posted coming from google, seem a fake news.

Im having the same impressions in regards to this matter or topic on where i do have questions if this one is legit or just fake or simply trying to shill out that NWC(Newcrypto) project? https://coinmarketcap.com/currencies/newscrypto/
We had lots of similar news about acceptance and considerations towards crypto on where integrating or implying it into its service specially to those big companies that we had known.Im trying to search out further
more but i havent seen any similar info with Google.So most likely this one is just trying to shill out.

Don't know about you two, but I basically see the possibility to buy NWC tokens with Google Pay.

Can you elaborate why would it be a scam coin? sitting on some good profits.

maydna

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Quote from: Kasabus on August 25, 2020, 06:58:28 PM

Quote from: sheenshane on August 25, 2020, 06:51:05 PM

I would say, it is also open the door to those naive people who will be the next victim of a scam. If Google didn't filter to those who had ads to them, there are a lot of people were getting scam. Because once scam project want a cheap promotion they will choose google ads for their scam attempt.

I wouldn't trust Google on their ads, especially clicking ads. It feels like you are prone to scam if you will do that. I hope they will see this concern and fix it anytime soon.

If this will be approved, this one would be a big hit for crypto since it will be made easier for the people to access crypto transactions. But i guess this one is a fake news since a lot of false information are so rampant today. We'll just find out soon if this will be totally realized or another form of scam.

We will see it later. If Google really wants to integrate its Google Pay, they will release an update on its website. At least, they will announce it to the public. If that is a success, it will help cryptocurrency grow and have a mass adoption from people. Right now, Google dominates the android mobile phone market, so that will be a big step to introduce cryptocurrency to the public. People will see a new feature in the payment, and they can try to buy crypto using Google Pay.

I agree that Google needs to filter the ads that will show because that will be a chance for the scammers to trick people into getting their money. As end-users, we need to be careful when we see cheap promotions and don't decide if we don't get further information because that can be an easy way to scam us.

NeuroticFish

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They just want to earn their share of fees.
And, since all this has KYC involved, I expect them make a big database of bitcoiners, including their names, KYC info and as many bitcoin addresses as possible, linked to the already existing data they have from browser, search engine, maps and so on.

Paycoinzzz

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This is so good that the crypto market is finally getting quality businesses to work with Google. That shows that blockchain technology is really essential for the future and that it is being fomo widely for technology businesses. In the future, I think not only will Google find crypto businesses, but also the big players in the technology industry such as Microsoft, Amazon, ... will cooperate with potential businesses. That is a very good sign that our market is not just manipulation.

MCobian

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I doubt Google opens the door to mass crypto adoption, what they are doing with Google Pay only facilitates people who want to
buy cryptocurrency. Like any other company, this is done in order to profit from transaction fees. So google did this only for their
own benefit, not for mass crypto adoption. Actually what Google has done has already been done by Paypal, Mastercard and Visa.

TimeTeller

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Quote from: sheenshane on August 25, 2020, 06:51:05 PM

I would say, it is also open the door to those naive people who will be the next victim of a scam. If Google didn't filter to those who had ads to them, there are a lot of people were getting scam. Because once scam project want a cheap promotion they will choose google ads for their scam attempt.

I wouldn't trust Google on their ads, especially clicking ads. It feels like you are prone to scam if you will do that. I hope they will see this concern and fix it anytime soon.

What we can do to help is report potential scam or phishing sites as there will be more of them.
Not hard to track all those scammers and having their masks on.
It is still up to the user to do his own due diligence before jumping on board.

Kasabus

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Quote from: sheenshane on August 25, 2020, 06:51:05 PM

I would say, it is also open the door to those naive people who will be the next victim of a scam. If Google didn't filter to those who had ads to them, there are a lot of people were getting scam. Because once scam project want a cheap promotion they will choose google ads for their scam attempt.

I wouldn't trust Google on their ads, especially clicking ads. It feels like you are prone to scam if you will do that. I hope they will see this concern and fix it anytime soon.

If this will be approved, this one would be a big hit for crypto since it will be made easier for the people to access crypto transactions. But i guess this one is a fake news since a lot of false information are so rampant today. We'll just find out soon if this will be totally realized or another form of scam.

sheenshane

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I would say, it is also open the door to those naive people who will be the next victim of a scam. If Google didn't filter to those who had ads to them, there are a lot of people were getting scam. Because once scam project want a cheap promotion they will choose google ads for their scam attempt.

I wouldn't trust Google on their ads, especially clicking ads. It feels like you are prone to scam if you will do that. I hope they will see this concern and fix it anytime soon.

And someone blog here doesn't trust Google. Pro Google Ad Tip: You Can’t Always Trust Google. Here’s Why…

NotATether

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Quote from: danherbias07 on August 23, 2020, 12:55:54 PM

Quote from: NotATether on August 23, 2020, 11:49:47 AM

Quote from: 2double0 on August 23, 2020, 11:41:15 AM

Does that mean Google will start allowing Google Pay to also be used as a method to directly sell our fiat to buy crypto inside it? Will Google turn Google Pay into half-crypto or create a new wallet where we will be able to buy crypto without any intermediary fees because of its wallet being used directly?

No they're not going to implement a wallet inside Google Pay, they will use the existing Google Pay service to allow you to purchase crypto to your exchange wallet using the money on the attached credit card.

Sounds like the middleman of "the middleman".
The hell is that.
We are trying to escape the fees from middleman and yet they want to be one. Grin

Obviously it is a project for their own profit.
Not a single thing even tells that it is for the ease of the people who want to use it.
I doubt this will boom in this kind of industry even with a popular name.

Well Paypal did exactly that, it managed to insert itself as a payment method in exchanges and they even milk large fees for themselves. Life is weird sometimes.

milewilda

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Quote from: target on August 25, 2020, 12:54:11 PM

Whenever there is newcrypto, its always going to be spam. They have nothing to do with this google pay but they manage to insert themselves even without a single strand of relevance. Its a scam coin driven by spam. You will notice that most of the posts done by its shills are often clickbait like this one. No source link was even posted coming from google, seem a fake news.

Im having the same impressions in regards to this matter or topic on where i do have questions if this one is legit or just fake or simply trying to shill out that NWC(Newcrypto) project? https://coinmarketcap.com/currencies/newscrypto/
We had lots of similar news about acceptance and considerations towards crypto on where integrating or implying it into its service specially to those big companies that we had known.Im trying to search out further
more but i havent seen any similar info with Google.So most likely this one is just trying to shill out.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

I feel like all of this "help" to crypto is not really even a help by google, it is just another income thing from them and that is it. Think about it, bitcoin itself is not really something free, it is over 11k right now, that means with all those coinbase and all other things, I am sure google is getting a lot of downloads as well and the more downloads they have the more ads and so forth they could get, that way they could get a lot more downloads via those apps to other apps and the more it is used the more data they get and the more data they sell the more money they will get.

So, I would say google would love to have crypto and anything regarding crypto, that way they would be able to profit from it, why wouldn't they want more profit just because it is crypto related.

target

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Whenever there is newcrypto, its always going to be spam. They have nothing to do with this google pay but they manage to insert themselves even without a single strand of relevance. Its a scam coin driven by spam. You will notice that most of the posts done by its shills are often clickbait like this one. No source link was even posted coming from google, seem a fake news.

Topic: Google Opens The Door To Mass Cryptocurrency Adoption (Read 518 times)