Hi, I have a question if Google will have its own digital currency?it will beast bitcoin or not?
I think that it will beat Bitcoin easily! Because Google controls the whole world of the Internet! And it is very famous among the people all over the world. It can market its currency easily.
This is my opinion! What is yours?
It will be hard for any coin to beat Bitcoin because bitcoin is so decentralized unlike most coins we see today. Now we all know that Google is in charge of many online services today, which if they should have their own token will have a large amount of users but can we really trust them with our data or can our privacy really be respected? I hardly believes so. Therefore, my opinion is this, owing to the fact the world is becoming conscious of privacy which Bitcoin has truly offered then it will be hard for another to take its place.
Google has a number of dApps including various payment methods, entertainment media, and much more. By any chance if ever google launch their own utility token than I am sure that they would have a number of users who would buy their coin which would be used for internal payments. Google would make huge benefits by launching any such coin and also the price for such coin would drastically rise in greater amount. But yet, comparing it with bitcoins might not be reliable.
Bitcoins would still be mother coin for even that coin launched by google. Bitcoins would have a huge demand in the coming future which would surely boost the price and it would never be possible for any new launched coin to even cross 50% of the valuation for bitcoins.