Google Says It Has "No Current Plans Regarding Bitcoin"

An anonymous reader writes "A popular Reddit submission today suggested Google's payment team was looking to incorporate Bitcoin, naturally sparking a lot of excitement in the virtual currency community. TNW reached out to Google regarding the claim and learned that it was indeed false. 'As we continue to work on Google Wallet, we're grateful for a very wide range of suggestions,' a Google spokesperson told TNW. 'While we're keen to actively engage with Wallet users to help inform and shape the product, there's no change to our position: we have no current plans regarding Bitcoin.'"

Comments

Re:It's called Gcoin now.

[QilessQi]

You know, if a company like Amazon or Google -- with their immense server farms for mining -- did come up with its own cryptocoin, it could tilt the masses towards accepting the idea of cryptocurrencies, while simultaneously taking a huge bite out of Bitcoin's future potential.

Imagine an Amazoncoin, AZC, providing everything that BTC provides plus...
- convenient support for payment to Amazon.com or transactions throughout the web
- theft-insurance-backed online wallets for people who are unwilling to manage wallets on their own
- nice incentives for mining companies willing to partner with them to support AZC transactions in the early days.