Bitcoin Forum

The first thing to know about Bitcoin has nothing to do with how it works or what the current value of one is — of primary importance is the fanatical devotion Bitcoin users have to the mother of all cryptocurrencies. Many fans of Bitcoin promote the anonymous internet money at every turn, encouraging others to use it as a way to combat everything from government overreach to unethical banking practices. This is why cryptocurrencies are still a thing. Bitcoin enthusiasts scored a major victory when Overstock and Zynga started accepting Bitcoins recently, and that prompted one fan to start asking other internet companies what their plans were. Surprisingly, the one organization he got anywhere with was Google.

Updated: Google has since issued a statement that it isn’t looking to incorporate Bitcoin — but as far as we can tell, the email conversation isn’t being contested. Basically, Google probably is investigating Bitcoin, but isn’t quite ready to publicly jump on the train.

It was an email to Google+ head honcho Vic Gundotra that got a response. Gundotra forwarded the message to the Google’s commerce team, and a manager there confirmed that the company is indeed investigating how Bitcoin could be incorporated. Mountain View has been careful to say that there are no immediate plans to accept Bitcoin, but Ariel Bardin, VP of Google Payments did request the original emailer start a Google Moderator discussion to see what users wanted Google to do with Bitcoin. The entire exchange was detailed on the Bitcoin section of Reddit.

Bitcoin has been on a steady rise over the last year, more than doubling in value over a few months. Even recent law enforcement actions against Tor network sites (where Bitcoin is very popular) and China’s crackdown on the currency haven’t dampened enthusiasm much — a single Bitcoin is still worth over $900. A year ago one Bitcoin could be exchanged for a mere $20.

The question remains, what would Google do with Bitcoins? The overwhelming majority of Google’s business comes from Adsense, so clearly taking payments for ads in Bitcoin would have the largest impact and would make Bitcoin fans extremely happy. However, Google has to police its Adsense content very well to keep scams and illegal goods out. Having a paper trail aids in accountability, but Bitcoin is anonymous by design. As such, Google’s involvement with Bitcoin, if any, is likely to be more modest.

Now that the word is out, though, I expect Google to do something if only to get brownie points from privacy advocates. Google sells various consumer digital goods like apps, music, and books through Google Play, and many of the suggestions pouring into the Google Moderator page are asking the company to enable Bitcoin and other cryptocurrencies in Google Wallet, and thus its entire content ecosystem. However, the act of paying 0.000012 BTC for an app lacks elegance, which is important in a consumer-facing venue like Google Play. Don’t expect a Bitcoin logo will be popping up in the Play Store any time soon.

A solution that satisfies all parties might be to allow Bitcoin transfers directly into Google Wallet. It would be a quick way for users to make Bitcoins “real” and only requires that Google change one of its systems to accommodate virtual money. The Google Wallet debit card might finally get some traction as the fastest way to spend Bitcoins in the real world.

“As we continue to work on Google Wallet, we’re grateful for a very wide range of suggestions,” a Google spokesperson said to newsBTC this evening in response to the post on Reddit. “While we’re keen to actively engage with Wallet users to help inform and shape the product, there’s no change to our position: we have no current plans regarding Bitcoin.”

Updated: Google has since issued a statement that it isn’t looking to incorporate Bitcoin — but



... you hadn't even had to click it to know it's bullshit before you've read it.

oh and freakin LOL

lol read the damn line, are you so compartmentalized that you can't understand a simple sentence?

It's right there in the article you idiot!  :D

Next stop. $10k.

All you lil nerds that have hoarded all your BTCs and expect ppl to hand you money.  Here's the truth: you are at a disadvantage now.  Too many big fish entered and/or working together with others I'm guessing and are you goign to hold and then by the time it is about to hit 0, you're going to sell.

btw btc will be just a disgusting thing trtaded at 4 disgusting exchanges for a while.  its a joke.

Tell us how you really feel. Don't hold anything back. Just let loose.

But when a rational person looks at it, it could mean anything.

They said they are looking into it but had no current plans.

Everyone happy now?

"Confirmed they're not looking into it" - Irrational Perma-Bear Lie
"Confirmed they have plans to adopt it" - Irrational Perma-Bull Lie

"Confirmed they are looking into it but have no current plans" - THE TRUF


Another True Confirmed Fact: Google adopting DOGE into Google Wallet

All you lil nerds that have hoarded all your BTCs and expect ppl to hand you money.  Here's the truth: you are at a disadvantage now.  Too many big fish entered and/or working together with others I'm guessing and are you goign to hold and then by the time it is about to hit 0, you're going to sell.

btw btc will be just a disgusting thing trtaded at 4 disgusting exchanges for a while.  its a joke.

“We are working in the payments team to figure out how to incorporate bitcoin into our plans" - that was exactly, word for word what Google Senior VP of Ads and Commerce Sridhar Ramaswamy said to me. Since then Forbes, Coindesk, Vice, The Daily Dot, etc etc have all authenticated and verified the emails in various ways. Read what you will into that.

Updated: Google has since issued a statement that it isn’t looking to incorporate Bitcoin — but as far as we can tell, the email conversation isn’t being contested.

(which is exactly which the statement does contest, since it is the subject of incorporating bitcoin. roxtar just quoted it)

(which is exactly which the statement does contest, since it is the subject of incorporating bitcoin. roxtar just quoted it)

They basically said exactly that they aren't doing the thing in the "email conversation". They can't really get more direct than that.

Uh and remember this (https://bitcointalk.org/index.php?topic=400269.0)?

I'm just writing what most people think who aren't bothering to post here at a sunday noon.  :D

I'm just writing what most people think who aren't bothering to post here at a sunday noon.  :D

All I will say for anyone who reads your posts and thinks for a moment any of them have an ounce of truth in them, to take 15 minutes and read through your history of posts dating back to mid 2011. Then when they are overcome by your historical abilities to be wrong about a wide array of topics they can marvel at the fact that you aren't a retired multi-millioniare today, given the fact that you were mining in the early days and have been here since almost the beginning.

I dare you to dig through my posts where I make any prediction about the price of bitcoins. It shouldn't take longer than an hour come on do it. ;)

you've been wrong about most things since I first noticed you ... and i stopped reading you soon after, circa mid 2011 ...

Blah, blah, blah it's always the same with this kind of stuff. You got busted, and if google hadn't used the same exact terminology to deny it there would be a margin for interpretation.
But now there is not.

This is what the rest of the world thinks, and of course there is broad support in this forum for this kind of hoax, but they'd cheer for everything as previously mentioned.

Excuse me.. busted? Busted doing what exactly? I think vindicated is a more appropriate word. Are you suggesting the emails were fake and Sridhar didn't say what I attribute?

Not new, registered almost a year ago. I just lurk. There's some really intelligent discussion on these forums.. but also some serious trollage.

Regardless, maybe Forbes and Wired and Vice and all of them are foolish enough to fall for my evil genius hoax(?!).. and you in your infinite wisdom are smarter.  :D

Nice. You just exposed yourself as someone who believes the email is fake. Tin foil hat. You just make yourself look sillier and sillier  ;D :D  At this point you would have more of an impact on forum reader opinions if you started stating the opposite of what you want people to believe. At this point, people just use you as a negative indicator of anything you write.

Google Coin May Stand Up Against Bitcoin
http://guardianlv.com/2014/01/google-coin-may-stand-up-against-bitcoin/

to be very honest ... google could help bitcoin community by helping business and start-ups surround bitcoin, got couples ideas about it ... it would be win-win situation ... hope theywill not start challenge our community ( made of fanatics ) they will have a lot to loose about their "cool-company-image" ... it would be a huge scare in their face ... 

http://static3.businessinsider.com/image/5165a9a0ecad045b0d000000-600-249/djlasir.jpg