Post
Topic
Board Bitcoin Discussion
Re: Google possesses threat to bitcoin. What do you say?
by
Kyraishi
on 17/11/2019, 19:18:41 UTC
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered.
It was only the people who gave into stupid FUD that believed that bitcoin was going to get hacked or something like that - as it stands right now, and for a long time, there is no point to worry about it, I'd be more worrried about governments and shady secrets being leaked due to QC tech.

Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
Google Pay is a payment method, I don't believe they have actual access to your bank records, they are only able to keep records of what you spend your money on, not how much you have.

What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
It doesn't matter - you are talking about 2 different demographics.