Sunday, October 4, 2020

Google IS Working on Incorporating Bitcoin with their Payments Team

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The most useful thing I can think of is for them to integrate Bitcoin into Google Wallet in a way that I can use my Bitcoin at any merchant that I could normally use Google Wallet at. Here's what I'm imagining:
Deposit Bitcoin in my Google Wallet account

Go to McDonalds and swipe my NFC Google Wallet enabled phone over their terminal to pay for my meal. (Let's say the meal cost $5.00)

Google takes $5.00 worth of Bitcoin off my balance and sends $5.00 fiat to that McDonalds.
I think the above scenario could not only help Bitcoin, but having all us Bitcoin zealots on there side could really help Google Wallet become more mainstream.

Google wallet now has the chance to easily overtake Paypal. It could do so in a way which is mutually beneficial for Bitcoin holders and Google.

If Google are bold enough to add bitcoin to their payment infrastructure, it will give them another advantage in the competition with Apple. The play store will have bitcoin, the advertising infrastructure will have bitcoin, and Google would get a massive first-mover benefit over all others that offer the same services.

I am a die-hard iPhone fan, however, if Google and Andriod started actively supporting Bitcoin, I may be a convert. I can't be the only one.

This would be huge. Especially if it were integrated with Google's Wallet Card, I could pay for practically anything (accepting Mastercard) with Bitcoin.

Right now, I don't use Google Wallet... but integrating this would have me order one of these cards and move all my cash into a google wallet in a heartbeat.

Google takes $5.00 worth of Bitcoin off my balance and sends $5.00 fiat to that McDonalds.
Waiiit a second... That would mean Google would have to become a BTC exchange. BTC has been steady for a while, but it's still very volatile. Would Google want to go into the deep waters like that?

It's fairly obvious what they should be doing with Bitcoin.

Add payment support for any of their services like Adwords, Google play etc.

Instead of converting all their BTC right to fiat, hold some of it and allow Adsense payment option in BTC.
Have a bunch of their intern monkeys go through a competition to see who can build the best Bitcoin resource/blockchain page for Google.com.

AdSense payment please! I'm from South Africa and I have to pay stupid amounts to get a secure check delivered. Just pay me with Bitcoin. EVERYONE wins (except the delivery company).

This would really help get btc into communities worldwide who don't have exchanges in their country.

Adwords would be a very, very interesting play.

The way I see it, if I am an advertiser like Amazon it could entice me to accept BTC instead of developing my own cryptocurrency. This in turn helps the overall value of the currency, which in turn will help Google's investment in acceptance grow even more. If it's a niche of advertisers paying, it could grow their revenue greatly.

Guys, Google moderator only works if you submit every idea as SINGLE item! No "I'd like to see it as balance in wallet, have Google host a bitcoind node and use it as microtransaction on youtube".
Also make sure to vote, not only on the few "best" items but also/especially the random ones popping up on the top.

Lastly please just upvote good ideas and submit original ones, don't post another "I'd like to see Bitcoin integrated in Google Wallet" suggestion...

Done. I really think this would be the most effective way to bring bitcoin to the masses via Google. Google's core strength is bringing the internet to average people with easy to use, easy to understand applications. If a bitcoin wallet were built into gmail, millions of people would instantly have a wallet and a way to accept bitcoin from others.

Also, imagine how easy it would be to explain bitcoin to people! For those that aren't technically inclined, the explanation is as simple as bitcoin = digital cash you can attach to an email.

There is an important distinction being missed here:
He did not say: "we're working to integrate Bitcoin into Google wallet."

He did say: "we're working in the payments team to figure out how to integrate Bitcoin into our plans."

He then followed-up with: "we'll be in touch when we're a little bit more sure."

Yes OP, this is kind of exciting, because it means something could happen with Google+Bitcoin, but you are sensationalizing and editorializing the comments of an engineer on a single team inside Google, and presenting it as if Google, Inc. the company made an official press release. Come on now.

Small off-chain transactions verified by Google please.

Verified public bitcoin addresses tied to Google accounts of creators of original content, and optionally displayed in search results. Please.

Digital content with verified public addresses of it's creators included, searchable in various ways related to the address, ie highest amount received, with Google's anti search result gaming strategies applied as best as possible. Please.

Create a blockchain based smart property protocol for land ownership. It would probably use ARC GIS or something similar. Facilitate claims on bounded areas of the virtual Earth's surface, limited by a self adjusting mix of socially beneficially Turing tests like the reCaptcha process, and small amounts of btc. A user could buy his or her way out of most of the Turing tests, which would subsidize the transaction cost of those spending nothing but their time. The digital representations of plots would have an upkeep that would simply be the cost of moving the coin in the associated address to a new address, this payment to the miners should be proportional to the amount of bytes added to the blockchain by the description of said property.

If anyone at Google is reading this, I want unified, product level integration (google wallet, gmail, youtube, google plus, hangouts, analytics etc) i.e. the ability for me to send and receive bitcoins from, to and amongst any of your platforms, ala bitcoin tip bot style via comments, emails, IMs you name it. Let's make all Google users, worldwide, bitcoin users.

I think that limiting bitcoins to go through a payment service when only paying for a product, sort of defeats the purpose of digital cash. There is a possibility here to completely open up every single google user to instant remittance as well as instant and worldwide payments. Let's make this happen.

You know how to actually convince Google to commit to BTC?

Tell them how much delicious data they can harvest from acting as middleware for BTC transactions. Now they get direct full-view of transactions, identities, spending habits, addresses. I mean, why spend the effort to fumble around the psuedo-anonymity of the blockchain when you have people happily feeding everything to you?

Lets face it, Google is in the advertising business, any bitcoin integration between Google's android phone and/or Browser/Devices allow the company to target advertise to its users simply by tracking the purchase flow of goods on the blockchain tied to its devices. Retailers can easily be matched by thier BTC payment addresses, this builds demographic for advertising. Assuming Google can create a match between Device and BTC address via. agreement TOS they have a winner. seems easy to me. Targeted advertising & Search = Revenue = Google's goal. I cannot imagine any reason they would pass this opportunity to enhance Search. Apple's attitude toward bitcoin is icing on the cake. Should be a No brainer.

We'd love to have Google involved in as many payment options and apps throughout Google's platforms and networks as possible! (Adwords, GooglePlay, even code on the blockchain yourself for apps not even thought of yet, and if you can integrate with Gmail and GoogleWallet omg.) No matter what, your integration would be an amazing tipping point towards real change for the world and 100's of millions of us that long for a better, freer, more peaceful world with the opportunities we dreamt of as children.

Then we began to awaken to the understanding of the true motives of a very small group of egomaniac men and how hard they've worked to tilt the table of world power in their favor from every direction, changing the rules of the game as they go, all while upsetting the natural balance of freedom, liberty, democracy, peace and happiness of much of the entire human race. Money is not the root of all evil, a few men are at that root, but money is and always will be power. Let's work together, to take some back from the few and put it into the hands of the many.

The best way I can think Google can integrate Bitcoin into its experience is by:
  1. Adding a Bitcoin wallet inside Google Wallet.
  2. Integrate Google Wallet with Chrome out-of-the-box.
Whenever you are on a website that has a bitcoin address/payment form, Chrome would automatically kick in to let you pay with your Google Wallet.

Ideally, they'd leave the door open for Wallet developers to install wallets on your browser.

This would make payments on the web very very convenient, and you'd def. be tempted to use your Bitcoins (not just hoard them waiting for the price to go up), all of this should apply to android aswell, if Google has a Google Wallet app, there should be tight integration between Chrome for Android and the Wallet app.

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