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Schmidt: Google Once Considered Issuing Currency

Posted by Soulskill on from the not-willing-to-nationalize-the-us-government-yet dept.

itwbennett writes "In his keynote speech at Mobile World Congress in Barcelona, Google Chairman Eric Schmidt said the company once 'had various proposals to have [its] own currency [it was] going to call Google Bucks.' The idea was to implement a 'peer-to-peer money' system, but it was squelched by legal issues."

3 of 189 comments (clear)

  1. Re:For the love of God... by mosb1000 · · Score: 5, Insightful

    Yes, as opposed to "real" money, which is different in some meaningfull way, I assure you!

  2. Re:Digital Rothschilds by sg_oneill · · Score: 5, Insightful

    Here's one for you. Opt in citizenship to a nationless, territory free country.

    Awesome, two sets of laws to follow instead of one! Why just the other day I was thinking "Shit , you know what I dont have enough of in my life? Laws!"

    --
    Excuse the Unicode crap in my posts. That's an apostrophe, and slashdot is busted.
  3. Re:Digital Rothschilds by Corbets · · Score: 5, Insightful

    Given Google's veracity for hegemony, this type of news does not surprise me.

    I'm guessing you meant voracity - but their habitual truthfulness in leadership may also be unsurprising, I don't know.