GOOGLE COIN If you’re a Google employee, you might not have to wait too long for your company to start paying in bitcoin.
Google is considering incorporating bitcoin into payments on its shopping platform, product manager Todd Jackson told Quartz. Jackson’s team is exploring how it might handle payments with the leading cryptocurrency and potentially offer other services related to bitcoin. Google has already made a splash in the bitcoin space. In September, it launched a program allowing employees to buy up to $40,000 of the digital currency for experimental research purposes.
Google’s employees were interested in taking advantage of this bitcoin opportunity. More than 100 workers signed up to take part in the program. The company said previously it would hold on to the digital currency or convert it into cash via transactions with merchants who accept bitcoin payments.
What is Google Coin?
Google has already experimented with bitcoin for a few months now, but it isn’t too widely known.
Google Coin is the term used to refer to the digital currency that might soon be used by each one of us. It is going to be a cryptocurrency (digital currency) and will be used as an enhanced payment system which could then turn into a full-fledged digital currency that you can use in day-to-day life.
There is a lot of evidence that Google might be working on a cryptocurrency called “Google Coin”. Google is an amazing company and they are constantly putting out innovative products, which is why we believe that Google Coin might actually be real. The main reason we say this is because they have been experimenting with bitcoin and other cryptocurrencies for quite some time now. However, there are huge problems with using money in this ecosystem. These will be problems that Google will have to solve if they are indeed creating their own cryptocurrency.
Problems with Google Coin?
Google’s cryptocurrency is going to have the same set of problems that all cryptocurrencies have today. Right now there’s no widespread adoption and the main reason for this is because the technology just isn’t ready yet. Most cryptocurrencies have problems with being able to scale to a worldwide level and we think that this is going to be the same thing for Google’s cryptocurrency.
How will Google’s Cryptocurrency scale?
As far as we can tell, there are no plans to make their cryptocurrency scaleable. Currently, there isn’t any real use for a cryptocurrency that can only be used by a small group of people, so the point of having one is simply to make things easier on you. In order to expand this to a global level, you are going to need some sort of digital wallet where you can accept and send payments.
Will Google make its own Wallet?
It is not likely that Google will create its own digital wallet. The problem with creating your own wallet is that it really defeats the purpose of cryptocurrency since you are simply recreating something that already exists. It would be like if someone created a system that was just like the internet but didn’t have any websites on it. It wouldn’t make sense and wouldn’t be useful to anyone.
Why would Google create its own cryptocurrency?
Creating a new cryptocurrency has many benefits. The main benefit is that you would be able to use it as a way to pay for things directly with the company. This means that you wouldn’t have to go through a payment processor and lose a lot of money on the fees. At this point, the only thing holding Google from accepting cryptocurrencies is that they are just too big of a company. If you’re a Google employee, you might not have to wait too long for your company to start paying in bitcoin.
Google coin flip:
What’s the best way to resolve an argument? Flip a coin, of course! With googlecoinflip.com, you never need to argue about anything again, because there is always a 50% chance of getting what you want. Joking aside, Google has developed the Google Chart API. It’s very easy to integrate into your own website—you can even have the chart “interact with” your visitors’ mouse movements (yes, really!)
Google coin name:
So here’s a list of 10 names that sound like they could be the next Google coin.
1. Bitcoin (Bits)
2. Dogecoin (Doge)
3. Ripple (XRP)
4. Litecoin (LTC)
5. Stellar (XLM)
6. Namecoin (NMC)
7. Mastercoin (MSC)
8. Peercoin (PPC)
9. Nxt (NXT) 10. Storjcoin X (SJCX)