Topic: Google possesses threat to bitcoin. What do you say? - page 4. (Read 628 times)
I think the whole Quantum and the ability to break bitcoin chain was just an hoax. And has been blown out of proportion because I read a report that their effect will be minimal and if they attempt to work further, their whole will crash. After this claim, bitcoin went up.
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered.
It was only the people who gave into stupid FUD that believed that bitcoin was going to get hacked or something like that - as it stands right now, and for a long time, there is no point to worry about it, I'd be more worrried about governments and shady secrets being leaked due to QC tech.Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
Google Pay is a payment method, I don't believe they have actual access to your bank records, they are only able to keep records of what you spend your money on, not how much you have.What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
It doesn't matter - you are talking about 2 different demographics. 
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered. Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
Google never fails do the growth of their business but I never see that is there any attack over the block chain businesses. We need to show the growth of btc.
Then this btc value grows means obviously we will see the support from all the sides. Even google may support us.
Google pay along with Apple Pay and PayPal is still a third party. It’s not that different than a business or government cryptocurrency which is decentralized. It’s still inferior in many ways to a decentralized currency.
Google not only possesses threat to bitcoin but to every company. Google fetches and stores different kinds of data from the customers through their vast amount of services.
All of this data is tells a lot about a person and hence companies are ever ready to purchase this information from Google since they can use it for whatever purpose they want.
So Google is not only a threat to bitcoin but in short to everybody.
All of this data is tells a lot about a person and hence companies are ever ready to purchase this information from Google since they can use it for whatever purpose they want.
So Google is not only a threat to bitcoin but in short to everybody.
Does Google offer decentralized, censorship-resistant, deflationary currency? If no, then how can it be a threat to Bitcoin? People who value simplicity and convenience will stick to fiat methods, including google pay, but those who want to be in control of their own money will use Bitcoin, and no fiat payment method will make them change their decision. Decentralized altcoins are the only true competitors of Bitcoin, but they also have much smaller network security, questionable design choices and other problems.
Crypto concept is not that familiar to genaral people. Look at exchanges. Most of the big exchanges are centralized. We are trading decentralized assets within centralized platform. Leave the others, we are crypto lovers and still we prefer centralized exchanges. If google attracts investors, crypto may face delays in global adoption. Time is money.
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered. Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
This project is called "Cache", its only a checking account and is planned to be launch by google next year. It only offers to help make money simple and accesible for their potential users, meaning customers will likely benefit by getting better access to payment technologies and give them the benefit of convenience. So of there would be someone who would likely to get threatened those are the third party payment apps like paypal, apple pay, and VenMo because this ñroject only aims and offers a better cashless transactions, don't have any say about the decentralized feature and being censorship resistant that bitcoin totally has, so I don't think this would make investors abandon bitcoin. What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
@malekbaba I’m a seo professional and I’m telling you while people use google for searching information they’ll never trust it as a banking partner. The key reason why people won’t trust google bank is because everyone knows that google will harvest customers data, even if they have claimed they won’t use customers data. In the end people will need to remember that google will snoop on their data and make more money, while bitcoin won’t snoop or sell your data hence I’m sure people will choose bitcoins over google bank.
https://arstechnica.com/tech-policy/2019/11/google-will-offer-checking-accounts-says-it-wont-sell-the-data/
Does Google offer decentralized, censorship-resistant, deflationary currency? If no, then how can it be a threat to Bitcoin? People who value simplicity and convenience will stick to fiat methods, including google pay, but those who want to be in control of their own money will use Bitcoin, and no fiat payment method will make them change their decision. Decentralized altcoins are the only true competitors of Bitcoin, but they also have much smaller network security, questionable design choices and other problems.
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered. Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
That's just another service from google. We've known their different services for years and 75% of their new services fails miserably and even if they succeed, they'll just tap one of the market crypto could have been used. I'd not still consider it to be a rival to crypto as a whole.
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered. Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
I don't think that now it's reasonable to worry about stuff like Google. Big companies can fight against the market, but they cannot kill Bitcoin no matter what. They are not valuing privacy, probably doing lots of morally dubious things and people tend to care and learn about it more and more. Bitcoin can offer something they cannot. And it might not become something that replaces the most popular services, but it will always find people who believe in it. As for the price, it's natural that speculation is related to its changes. After all, people can read speculative articles and change their minds. However, as more time passes, Bitcoin is becoming more and more stable and FUD-resistant. What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered. Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
Jump to: