Pages:
Author

Topic: If google has its own crypto currency? - page 7. (Read 1110 times)

hero member
Activity: 2534
Merit: 605
February 15, 2020, 11:04:51 AM
#39
Iif they ever thought of having their own coin, it will certainly be a coin for the elite that is highly centralized and be controlled by a few, Google is a huge company and i feel that unlike Facebook they will have the necessary approval to lunch the project, but will probably face few opposition from btc fans all over, but i don't think it can be a challenge to btc.
Yes and they also have to follow the rules being the biggest company on the planet and making their own crypto would probably be the last thought in their mind and talking of taking over bitcoins, no crypto would ever be able to take over bitcoins as long as bitcoin is there because these alts are known bywhats their value in bitcoins. As strong is USD in terms of currency similarly is bitcoins in the cryto market and there seems no one who can move bitcoins.

By the way I would be glad if google or someone can come up with a stable coin though because USDT is the alone leader in the market right now.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
February 15, 2020, 10:53:18 AM
#38
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
Well as you said that it was only your opinion. but I'm sure if that were realized and google will enter into the cryptocurrency industry it will be considered as a major Bitcoin competitor the same as other Altcoins too, but in terms of who will be the best, I think that title would remain to Bitcoin because it was the pioneering cryptocurrency thats why it has huge user base compare to others thats what I think.
Indeed and bitcoin have already establish its trust with people and we have seen the nature and patterns of bitcoin so it pretty sure if google will create its own cryptocurrency it would not beat bitcoin, just because a crypto was made by a major tech company doesn't mean it will be greater than the ones we already have. Cryptocurrency is different from the other field so if you are strong in one side may not be strong on the other and will need time to be trusted just like how bitcoin have experienced since it was created.
legendary
Activity: 2450
Merit: 1047
February 15, 2020, 08:16:10 AM
#37
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?

We still have to see how Facebook coin performs in the market, because beFore Google launches it's own Cryptocurrency it will have to deal with regulation first and if they will be allow by SEC first before they can launch their own, they will also subjected to senate inquiry and have to convince these lawmakers to allow them to launch
full member
Activity: 1820
Merit: 107
February 15, 2020, 07:58:21 AM
#36
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
Well as you said that it was only your opinion. but I'm sure if that were realized and google will enter into the cryptocurrency industry it will be considered as a major Bitcoin competitor the same as other Altcoins too, but in terms of who will be the best, I think that title would remain to Bitcoin because it was the pioneering cryptocurrency thats why it has huge user base compare to others thats what I think.
newbie
Activity: 32
Merit: 0
February 15, 2020, 06:18:56 AM
#35
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?

I would hate it if they'll make one. But Unfortunately I know for sure it can beat the bitcoin if Lightning network won't make it easy to pay with.
Pray for bitcoin and LN devs so they can beat google
member
Activity: 490
Merit: 10
February 15, 2020, 05:21:21 AM
#34
LOL Grin I bet it will just be the same story as Facebook, we all know how big Facebook network is now and look what happened to Facebook's Libra, its no doubt that google will see the same fate because google will want stable coin
member
Activity: 504
Merit: 25
February 15, 2020, 04:47:52 AM
#33
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
Google controls the internet? Google is not World Wide Web and google doesn't create the internet, its true that if google has a digital currency it will be put to good use but I doubt it will be decentralized, Google wants control and that is where the real problem will be
sr. member
Activity: 2030
Merit: 323
February 15, 2020, 03:31:03 AM
#32
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
I think some people that are mentioning G–Pay are wrong. G Pay is not a wallet like PayPal, I think it’s kind of a payment gateway that is used in managing funds transfer. When you create your G pay account you will have to link your cards, the money is not saved in your G Pay but remains in your bank account.

When you want to make payment the money is debited from your bank account through the debit card you have linked and sent to the receiver, unlike PayPal that is a wallet and the money is stored in your wallet and also debited directly from there. So there’s a difference. And nobody knows whether they are interested in creating a cryptocurrency or not, Facebook tried and it wasn’t a success.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
February 14, 2020, 01:30:48 PM
#31
Google already has its own currency
It is called Google Pay, Google Play Credits...

It is not a cryptocurrency , neither uses blockchain tech or whatever. It is like a PayPal

http://Https://pay.Google.com

Bitcoin has a different proposal
Agreed. Bitcoin offers decentralization and pseudo-anonymity which 'crypto' projects like Libra cannot offer. The question is, do people really care about privacy and stuff? Would the majority actually value it over the stability of such solid companies like Facebook or Google can offer? I don't think they will. However, perhaps these people won't use these such coins either. Being Google does not guarantee to be successful at everything. They've failed in making a social network (maybe you remember Google account circles lol) and an OS, so they might fail with offering a centralized digital cryptographic currency as well.
jr. member
Activity: 113
Merit: 5
February 14, 2020, 12:41:31 PM
#30
google will never touch that area i think about this decade, since it will get attention like LIBRA which brought by Facebook but get stalled since US as nation asking what purpose they have when building this project. Such a thing can happen too with google if they tried to build the same project. That's why my guess they didn't take this cryptocurrency as their next roadmap as far as i see at this decade.

If Google contacts crypto, then governments will very much press the company
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 14, 2020, 12:34:51 PM
#29
In regard's to uncle FB, he and his team seems to be jack of all trade that jack to any direction.
For now, everything seems promising but, let's watch out. What has social media (facebook) got to do with a virtual currency(libra)

Facebook marketplace


The best review website, right? At least in theory!
You can buy old account with Facebook friends and posts, but you can't buy an account with real activity and interactions, so you would now with who you're dealing with, and you now that you can always ask for a chargeback and bet on the reputation of that person.
Of, course...in theory!

In reality, it's somewhat of a failure. But based on what it could be, yeah a virtual currency would have looked good on paper.

While the world uses a lot of Google's services and devices, it's ironic that a ton of people still distrust how Google works.

Yeah, but it's more convenient, right? In the end, that is what matters for 99% of the population, and 99% of the population has also 99% of the money!

Not to mention that even if it gets launched, the coin would be centralized, so there's no way it would get a ton of support from a community that has seen the wonders of decentralization.

Low fees for everything including merchants and the "community" will forget everything and go with it.
Don't underestimate what choices people will make when the financial aspect comes into play.

Just imagine what an official "airdrop" announcement for a few free goobucks  Grin would do!
jr. member
Activity: 108
Merit: 1
February 14, 2020, 12:14:27 PM
#28
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?

Google does not have its own cryptocurrency, only payment methods. I doubt the company will want to deal with this
newbie
Activity: 39
Merit: 0
February 14, 2020, 12:11:20 PM
#27
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
First Google Currency which came in my mind is google's own google play credits. But if we talk about a "real" Google Cryptocurrency then I would say that it could end up like Libra. Bad reputation, Governments getting mad etc. Google will probably wait until the Libra topic is sort out and see what happens with it.
full member
Activity: 1470
Merit: 148
February 14, 2020, 11:55:12 AM
#26
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
Google having its own cryptocurrency is inconsequential because they have different protocols and that of Bitcoin protocols are far better than them own. Google has their gateway payment method which they use google pay and can't be compare to bitcoin. Libra coins was speculated to have more chances to defeat Bitcoin, what has happened so far with Libra?  Cheesy Bitcoin is the beast that can consume any other shitcoins.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
February 14, 2020, 11:29:58 AM
#25
While the world uses a lot of Google's services and devices, it's ironic that a ton of people still distrust how Google works.

There's a huge difference between supporting Google for what it does and supporting Google and what it provides. While we may be consuming a lot of their services, devices and applications, that doesn't necessarily mean that we will support them in everything that they do. Mind you, they collect data like crazy even in your sleep, or even when just trying to browse something on their search engine, you're automatically subject to Google's data snooping.

For cryptocurrency, before they could lay the red carpet for such, a lot of oppositions would arise, especially from the ranks of the US and the EU governments. Not that I'm saying that it's impossible, it's just that it will be hard for them to launch one without having to explain why they do such. Not to mention that even if it gets launched, the coin would be centralized, so there's no way it would get a ton of support from a community that has seen the wonders of decentralization.
sr. member
Activity: 1176
Merit: 301
February 14, 2020, 11:13:08 AM
#24
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
Just look at what happened to LIBRA do you think Bitcoin would be beaten down to something like that?
Facebook is a pretty famous to the people too but they didn't even leave a great impression on crypto.
People on crypto wants privacy that is why we choose Bitcoin,
But to be honest I think they would beat the Bitcoin in some ways but they could never replace it as being the King of crypto.
hero member
Activity: 1932
Merit: 504
February 14, 2020, 11:10:44 AM
#23
Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?

I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
Maybe in my opinion, google have their own world and crypto have their own world too. If google make crypto, it not easily replace bitcoin since we know a lot of people already support bitcoin. Although google make cryptocurrency and can make it used by a lot of people, it will always be altcoins.
hero member
Activity: 2002
Merit: 535
February 14, 2020, 11:04:24 AM
#22
Mate, there are speculations that Google is a step ahead to enter crypto currency, however is no confirmed news on this. Crypto is a billion dollar market where already a lot of big companies have jumped on this. And yes if Google step in to crypto I am sure it can be one of the top coin to focus on investment due to its popularity in the entire world it can easily gain public trust which will boost them to rock in crypto market.
I do not think that google will jump into the crypto market space as they very well know the regulatory pressure Facebook is getting when they planned to enter the market and as long as the regulators are giving them a hard time to come up with their private currency they will not spend their time on on.
Even if a private company comes up with a centralized coin, i will avoid them as i do not want them to have my records registered and have a control over my finance.
legendary
Activity: 1498
Merit: 1000
February 14, 2020, 10:40:35 AM
#21
Google already has its own currency
It is called Google Pay, Google Play Credits...

It is not a cryptocurrency , neither uses blockchain tech or whatever. It is like a PayPal

http://Https://pay.Google.com

Bitcoin has a different proposal
Why do you think it is a currency? They only integrate payments into their apps, and they use the entire currency present in the world to pay depending on the location of each country. You seem to have confused the currency and payment applications.
full member
Activity: 1498
Merit: 129
February 14, 2020, 10:29:29 AM
#20
Although they can have more influence than that facebook but you know there are still some third-party payment services providers that allow people using google services to get paid through them. E.g. Paypal. Incase so many companies are not willing to associate themselves with the google coin just as some company did not support Libra, I think the impact will also be big and this is very significant because of the google coin might crumble compare to bitcoin that is already dominating the crypto space before.
Pages:
Jump to: