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Google openly discusses bitcoin integration

Posted on 1/22/14 at 10:04 pm
Posted by joshnorris14
Florida
Member since Jan 2009
45219 posts
Posted on 1/22/14 at 10:04 pm
LINK /

Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16908 posts
Posted on 1/22/14 at 11:33 pm to
I want this bitcoin shite to go away. I don't understand it at all. How can a new currency just appear out if nowhere.
Posted by joshnorris14
Florida
Member since Jan 2009
45219 posts
Posted on 1/22/14 at 11:39 pm to
quote:

I want this bitcoin shite to go away. I don't understand it at all. How can a new currency just appear out if nowhere.



Are you suggesting an infinite regress?
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16908 posts
Posted on 1/22/14 at 11:56 pm to
Honestly. I just don't understand it. People are scared of what they don't understand.
How can a new currency just come out of nowhere and be supported by nothing.
Posted by KelvinTaylorownsUGA
Member since Oct 2013
5 posts
Posted on 1/23/14 at 1:24 am to
Intrinsic value does not exist. Value comes from individual preferences. If you want to know why people like bitcoin, look at the characteristics it has.


Posted by lsu_tiger_az
AZ/LA
Member since Mar 2004
30404 posts
Posted on 1/23/14 at 8:45 am to



Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 1/23/14 at 9:04 am to
Google is considering using Bitcoins as a method of processing payments not as a currency. Google accepts payment using Visa cards. Are Visa cards currency? Somewhere in completing the sale Bitcoins will have to be converted to dollars. Who is going to pay those costs?

Just how much business can Google anticipate from Bitcoin users if the distribution of Bitcoins is as narrow as discussed in this article?
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