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Author Topic: What could happen if, lets say, Google Wallet start using Bitcoin?  (Read 1228 times)
pera (OP)
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April 14, 2013, 04:51:14 PM
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Predict the price Smiley

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Isokivi
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April 14, 2013, 04:56:26 PM
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Im not that keen on trowing a seemingly abritrary number out (price). But I wouls like to state that in my opinnion this would overnight give bitcoin legitimacy that a few ddos attacks, or fear uncertanity and disbelief spewed out by media could nolonger undermine.

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pera (OP)
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April 14, 2013, 05:12:39 PM
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I say this because Google is already paying to some of their engineers to develop bitcoinj, and Google Wallet is not taking on Paypal's market...

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April 14, 2013, 05:25:15 PM
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I say this because Google is already paying to some of their engineers to develop bitcoinj, and Google Wallet is not taking on Paypal's market...

One engineer's personal projects != paying some of their engineers to develop it.  They give everybody a chunk of time every week where they can work on personal projects.

If you look at the commit logs, you will see exactly 3 @Google addresses.  1 has submitted a single patch to allow a different build system, one has merged 2 small features, and the last is Mike Hearn, who created the project.  Only Mike is consistently working on it , and he is averaging less than one commit per day since the project started.

https://www.bitcoin.org/bitcoin.pdf
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notme
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April 14, 2013, 05:28:29 PM
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That said, if they are actively working on something as a corporate goal, they would be working on private branches until they are ready to announce.

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Piper67
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April 14, 2013, 05:43:47 PM
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What would happen is that I would suspect we've suddenly shifted to a parallel universe... Now, in a couple years, maybe  Cheesy
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April 14, 2013, 05:46:03 PM
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That would be nice but there's no way I'd say "This news is worth X" as the media love to report.

Let's just say: a positive impact Smiley

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April 14, 2013, 06:18:04 PM
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I actually think this is quite possible. Bitcoin is popular in Silicon Valley, and Google has always been relatively forward-thinking.
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April 14, 2013, 08:17:13 PM
 #9

I actually think this is quite possible. Bitcoin is popular in Silicon Valley, and Google has always been relatively forward-thinking.

Their objection all along has been legal concerns.  Perhaps they will have their lawyers take a fresh look at it now that the FinCen guidelines are out.

https://www.bitcoin.org/bitcoin.pdf
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revans
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April 14, 2013, 08:40:41 PM
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There isn't a chance in hell of Google adopting Bitcoin or any other major corporation; dream on bozos.
bb113
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April 14, 2013, 08:42:32 PM
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There isn't a chance in hell of Google adopting Bitcoin or any other major corporation; dream on bozos.

I've noticed your posts. What interests you about bitcoin enough to post here?
revans
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April 14, 2013, 08:44:42 PM
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There isn't a chance in hell of Google adopting Bitcoin or any other major corporation; dream on bozos.

I've noticed your posts. What interests you about bitcoin enough to post here?

I think it now stands as little more than a sinister scam
bb113
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April 14, 2013, 08:47:57 PM
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There isn't a chance in hell of Google adopting Bitcoin or any other major corporation; dream on bozos.

I've noticed your posts. What interests you about bitcoin enough to post here?

I think it now stands as little more than a sinister scam


I disagree but I suppose that makes sense. People just need to move out of gox.
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April 14, 2013, 08:51:32 PM
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I say this because Google is already paying to some of their engineers to develop bitcoinj, and Google Wallet is not taking on Paypal's market...

One engineer's personal projects != paying some of their engineers to develop it.  They give everybody a chunk of time every week where they can work on personal projects.

If you look at the commit logs, you will see exactly 3 @Google addresses.  1 has submitted a single patch to allow a different build system, one has merged 2 small features, and the last is Mike Hearn, who created the project.  Only Mike is consistently working on it , and he is averaging less than one commit per day since the project started.
Yeah, but look at how many other 20% projects have taken off and become actual Google tools.

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pera (OP)
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April 15, 2013, 12:43:53 AM
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There isn't a chance in hell of Google adopting Bitcoin or any other major corporation; dream on bozos.

I've noticed your posts. What interests you about bitcoin enough to post here?

I think it now stands as little more than a sinister scam
FED agents everywhere!

no.. really, i would like to know who is paying to all those new users..

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Name:    revans
Posts:    114
Position:    Full Member
Date Registered:    11-04-2013, 09:38:25
full-time job!  Cheesy

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