Topic: GoogleCoin (Read 4266 times)
they could become the worlds next largest bank
Google coin: the coin you want to google.
this made me lol
also btw I heard google was going to make some application based on hypotetical money
but they decided to quit it and who knows, maybe one of their developers was Satoshi himself
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But if google come out with their own coin, it can be the best!!!
Based on what exactly?
But if google come out with their own coin, it can be the best!!!
The appeal of bitcoin is the decentralized system; nobody owns it. If a large company released a "coin", it would be centralized and would essentially be a "token" or credit system, like buying game tokens at chuck e cheese pizza, or mickey mouse dollars at disneyland. Anyone who worries about this doesn't really understand or appreciate bitcoin. Again, the entire appeal and reason for its success if the decentralized p2p nature of the protocol.
Go tell that to all these premined coins.
Are you referring to Satoshi's stash? I don't see how that's relevent.
No, where did you get that from? I'm talking about all the crappy altcoins.
Google definitely has interests in digital money: google wallet, nfc, and that kind of things they were developing to digitalise fiat money. And then, boom, here comes bitcoin, a wholly new perspective.
My guess, they're observing bitcoin at the moment to see where it goes. Might be developing something like Ripple currently.
My guess, they're observing bitcoin at the moment to see where it goes. Might be developing something like Ripple currently.
The appeal of bitcoin is the decentralized system; nobody owns it. If a large company released a "coin", it would be centralized and would essentially be a "token" or credit system, like buying game tokens at chuck e cheese pizza, or mickey mouse dollars at disneyland. Anyone who worries about this doesn't really understand or appreciate bitcoin. Again, the entire appeal and reason for its success if the decentralized p2p nature of the protocol.
Go tell that to all these premined coins.
Are you referring to Satoshi's stash? I don't see how that's relevent.
The appeal of bitcoin is the decentralized system; nobody owns it. If a large company released a "coin", it would be centralized and would essentially be a "token" or credit system, like buying game tokens at chuck e cheese pizza, or mickey mouse dollars at disneyland. Anyone who worries about this doesn't really understand or appreciate bitcoin. Again, the entire appeal and reason for its success if the decentralized p2p nature of the protocol.
Go tell that to all these premined coins.
I would expect Google to make their own coin after seeing the success of Bitcoin and some other alt coins.
The appeal of bitcoin is the decentralized system; nobody owns it. If a large company released a "coin", it would be centralized and would essentially be a "token" or credit system, like buying game tokens at chuck e cheese pizza, or mickey mouse dollars at disneyland. Anyone who worries about this doesn't really understand or appreciate bitcoin. Again, the entire appeal and reason for its success if the decentralized p2p nature of the protocol.
I think a few companies will try create their own coins, using cryptography, but they will essentially just be either minted or centralised. Companies like Apple or Google could probably pull this off and offer benefits for using them. Maybe they'll just be offered like reward points at first but people will be free to trade or sell them.
The question is why would people use them in the first place?
Why do people use any of these alt coins? If there's money to be made or they have value to purchase other google or apple products then people will be all over them.
I think a few companies will try create their own coins, using cryptography, but they will essentially just be either minted or centralised. Companies like Apple or Google could probably pull this off and offer benefits for using them. Maybe they'll just be offered like reward points at first but people will be free to trade or sell them.
The question is why would people use them in the first place?
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I think a few companies will try create their own coins, using cryptography, but they will essentially just be either minted or centralised. Companies like Apple or Google could probably pull this off and offer benefits for using them. Maybe they'll just be offered like reward points at first but people will be free to trade or sell them.
Well how would a company make a Bitcoin clone? They can't as they can not own a decentralised currency. They would have to make it centralised and then it would not be like Bitcoin.
Well it'd probably just be a premine, and/or just a centralised crypto rather than a decentralised one.
It wouldn't be the first.
Well how would a company make a Bitcoin clone? They can't as they can not own a decentralised currency. They would have to make it centralised and then it would not be like Bitcoin.
Well it'd probably just be a premine, and/or just a centralised crypto rather than a decentralised one.
Sounds good, I will be mining it..
Well how would a company make a Bitcoin clone? They can't as they can not own a decentralised currency. They would have to make it centralised and then it would not be like Bitcoin.
kitco should release a crypto that's backed by one ounce of gold per coin, and another crypto that's backed by one ounce of silver per coin... completely replace their 'pool accounts' .. naturally a proof of stake coin that does not get mined and is 100% held by them, distributed by people sending them fiat or metals to buy a stake.
I have been thinking for a while that if I where the CEO of Google I will imitate the concept of bitcoin but taking advantage of the huge popularity of Google.
What are your thoughts on that?
What are your thoughts on that?
That sounds good, but Google will make a super ASICs to mine most of the google coin themselves secretly..
Aren't they actually going to do some sort of coin or currency now, or was that Apple?
Think it was apple. Google is doing some sort of wallet and is thinking about encorporating Bitcoin or something.
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