Google A Major threat to Bitcoin's Existence

[S.coastapps]

As indicated by a report from Forbes on Nov 16, Google has its sights on Financial administrations. The equivalent is said to significantly affect the Bitcoin.

Google uncovered its code-named venture Cache, and the plans contrived under it to dispatch customer financial records in an organization with Citigroup, in a meeting with the Wall Street Journal a week ago.

Source: TheCoinRepublic

[Malam90]

The previous year, Google was hard against cyrptocurrency but now you can see that Google accepts crypto related ads whenever you browse any website or youtube channel. So i am not fully agree at this article.

[mlawson71]

They always change their mind about the ads when they start profiting from the same.

[Malam90]

They always change their mind about the ads when they start profiting from the same.

Yes it is related with income of google but if google stays against Bitcoin or cryptocurrency they aren't soft now against cryptocurrency related ads. You may already noticed the facebook authority declared they are bringing new cryptocoins from facebook team. Once facebook was against cryptocurrency.

[Confero]

I think Google does have the power to threaten Bitcoin, because Google is the largest internet search engine in the World. And if indeed Google can reveal the Code through Chace, of course this is very dangerous for Bitcoin.
But I hope that does not happen, and Google continues to support the development of Bitcoin, so that this Cryptocurrency digital currency can be immediately accepted by the Worldwide.

[Bobcrypto]

No, i don't think Google has such power to threaten bitcoin because they are also benefiting from the browing population through subscription to is various Application channels. Remember that Google once ban ICO advertising but has lifted the ban for reasons known to them. I doubt Google can be threat to bitcoin.

[Contagem]

Google has an impact on the entire cryptocurrency industry as a whole, so it’s natural that Google affects Bitcoin. I think that after Bitcoin becomes more popular, it will be less exposed to the influence of large corporations on the likeness of Google. But for this a lot of time must pass, a few years at least.