Topic: Google Wallet - page 2. (Read 2721 times)
I thought the whole point was to be de-centralized and not regulated...
exactly. i like google and all of their free products, but i think this move pretty much violates the central concept of bitcoins.
That would actually be such a great and big step for the Bitcoin. It will be get a lot more attention and be trusted by many more people.
I thought the whole point was to be de-centralized and not regulated...
Google has an aptitude for knowing many things about its users. The government has hassled Google before to allow them to use Google's database to track people.
very interesting
...and then they take all the bitcoins in everybody's accounts... "just for the lulz"... yikes.
Flaunt it. Challenge hackers to take it down. I'd trust a site that openly talked trash to LulzSec, Anonymous, or any of those guys... 
Even better would be a market trade site ran by LulzSec openly trash talking the others to break it.
Still, Apple has tried getting their Cloud service (yeah, I know, it's not exactly doing MapReduce) off the ground a couple of times. I can definitely see the upside of creating a virtual currency, especially if I owned the sites where it intersected other currencies like Mt. Gox or TradeHill.
I still think the best way for Bitcoin to flourish is to make sure the places where they intersect with the economy in general is as hardened and secure as anything on the Internet. Flaunt it. Challenge hackers to take it down. I'd trust a site that openly talked trash to LulzSec, Anonymous, or any of those guys...
I still think the best way for Bitcoin to flourish is to make sure the places where they intersect with the economy in general is as hardened and secure as anything on the Internet. Flaunt it. Challenge hackers to take it down. I'd trust a site that openly talked trash to LulzSec, Anonymous, or any of those guys...
Interesting. Thanks for posting. Not sure most folks would want to give up their anonymity for it, though.
Actually, the more I think about it, they would have to have a full hands off of recording anything at all regarding transactions past what they are dealing with directly with people. Other than that, I don't think they need to keep records (but then again, that is what people want I'm sure, records)
Makes me wonder if GoogleCoin isn't far off...
I'd doubt that google has any such plans, but I would say that google wallet is DOA.
I would never do it. I may let them have my email, but I don't want google acting as an unregulated bank. Just unsettling.
Think I would, too. If anybody can lock down SQL, I'm sure it's Google.
I'd trust 'em.
Found an interesting thread on Reddit regarding Google Wallet and Bitcoin...
http://www.reddit.com/r/Bitcoin/comments/hsp5g/google_may_be_the_first_bitcoin_bank/
Makes me wonder if GoogleCoin isn't far off...
http://www.reddit.com/r/Bitcoin/comments/hsp5g/google_may_be_the_first_bitcoin_bank/
Makes me wonder if GoogleCoin isn't far off...
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