Quote from: Paulinerims on August 23, 2020, 03:31:33 PM

Hey all. Was digging into some crypto adoption process in the past days and just came upon this article.

Google Opens The Door To Mass Cryptocurrency Adoption

So..alongside other big-name companies, Alphabet (Google) is a major acquisition to the sphere.

Quoting; "as a result of rapidly increasing demand for cryptocurrencies among retail investors, the need for trustworthy, well-recognized fiat on-ramps that make investment both safe and simple has become a major focus point for blockchain companies looking to make their services and products more accessible. Likewise, Google has stepped in to meet this demand by now allowing crypto firms to offer Google Pay as a payment method."

Big crypto brands already with a Google Pay cooperation are Paxful, Coinbase, and Newscrypto, with the last being the first platform to offer direct cryptocurrency purchases using Google Pay for their native (NWC) token, that is on a big run recently because of it.

Just showing how working towards mass adoption will be helpful for the projects yet to come.

Article link: https://www.benzinga.com/markets/cryptocurrency/20/08/17160547/google-opens-the-door-to-mass-cryptocurrency-adoption

Give me your thoughts.

Although like every company, Google is actually doing this project for their own profit, it is actually a good thing for cryptocurrencies.
This will lead to mass adoption of crypto as many people are only looking for a giant company such as Google to endorse crypto before they move into it.
By allowing crypto on Google pay, Google is saying that we trust and endorse crypto and can be used by everybody.