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Google Lets Slip That It's Exploring Possible Bitcoin Integration Plans
Forbes ^ | 1/22/2014 | Andy Greenberg

Posted on 01/22/2014 5:52:18 PM PST by TsonicTsunami08

Edited on 01/22/2014 6:15:14 PM PST by Sidebar Moderator. [history]

Since Overstock.com OSTK +1.52% began accepting Bitcoin payments earlier this month, the cryptocurrency community has been buzzing with speculation about which tech company will integrate Bitcoin next. So Jarar Malik decided to ask.


(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Computers/Internet; Science
KEYWORDS: bitcoin; cryptocurrency; google
Bitcoin on a roll, please talk amongst yourselves.
1 posted on 01/22/2014 5:52:18 PM PST by TsonicTsunami08
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To: TsonicTsunami08

Wouldn’t they be foolish to explore it to some degree? This is hardly evidence of anything.


2 posted on 01/22/2014 5:54:26 PM PST by nickcarraway
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To: TsonicTsunami08

It appears it’s starting to snowball some. It is gradually being adopted by more businesses.


3 posted on 01/22/2014 5:58:16 PM PST by Lurkina.n.Learnin (This is not just stupid, we're talking Democrat stupid here.)
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To: TsonicTsunami08

Google’s all about making money. If you’re an important enough of a customer to them, you could probably get them to agree to take payment in the form of cattle.


4 posted on 01/22/2014 5:59:59 PM PST by Cementjungle
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To: nickcarraway

Ask Mr. Greenberg over at Forbes. I think just as Overstock let the cat out of the bag and then had to act before getting beaten to the punch. With Google... Yahoo won’t be far behind.

I think honestly, the way things are going. Any business not thinking about incorporating Bitcoin into their payment options would be negligent and also not in business very long.


5 posted on 01/22/2014 6:02:12 PM PST by TsonicTsunami08
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To: TsonicTsunami08

What does google sell?


6 posted on 01/22/2014 6:05:18 PM PST by dalereed
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To: dalereed

Well, they bought Motorola. And just this month the guys at Nest, the ones that make thermostats and smoke detectors, for $3.2B (yes $B). All connected together, and now talking to google servers and mining data.

I liked the design and simplicity and software, not to mention conveience, But not anymore.

As far as I’m concerned, google is the just the public, commercial face for the NSA. Not to mention that they’re better funded, and have far less oversight.


7 posted on 01/22/2014 6:24:00 PM PST by AFreeBird
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To: Lurkina.n.Learnin; nascarnation; TsonicTsunami08; SgtHooper; Ghost of SVR4; Lee N. Field; DTA; ...
It is on a roll!


Click to be Added / Removed.

8 posted on 01/22/2014 6:32:47 PM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: TsonicTsunami08

9 posted on 01/22/2014 6:34:30 PM PST by narses (... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
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To: narses

hahahahahahahahahahahahahahahahahahahahahahahahahahahahaha! :)

Nothing to add?

Well done.


10 posted on 01/22/2014 6:36:58 PM PST by TsonicTsunami08
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To: TsonicTsunami08

http://www.bloomberg.com/news/2014-01-21/bitcoin-no-bargain-as-47-of-investors-go-bearish-in-poll.html

Bitcoin No Bargain as 47% of Investors Go Bearish in Poll


11 posted on 01/22/2014 6:39:17 PM PST by narses (... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
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To: narses

Your correct, this Bitcoin thing is going nowhere./s


12 posted on 01/22/2014 6:41:02 PM PST by TsonicTsunami08
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To: TsonicTsunami08

Are bitcoin and other ecoins prognosticating the failure of world economies. Is it digital gold? If there is a collapse what will this be worth?


13 posted on 01/22/2014 6:43:19 PM PST by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)
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To: Starstruck

No, there will be a massive redistribution of wealth, just not what our handlers had in mind.
Any collapse in the current counterfeit fiat currency will be no fault of Bitcoin.
The Fed is pumping out $80,000,000,000.00 a month. That is approximately 8 times the market cap of Bitcoin. This is unsustainable and any blame should fall at the feet of those responsible. Mussolini come to mind.


14 posted on 01/22/2014 6:53:52 PM PST by TsonicTsunami08
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