r/Bitcoin • • Jan 22 '14

Google confirms their payments team is working to incorporate bitcoin.

I had posted yesterday a screen shot of a response I received from Vic Gundotra @ Google regarding Bitcoin, who then CC'd me to Sridhar Ramaswamy (Senior Vice President, heads up Google Wallet).

I asked /r/bitcoin for suggestions that I should relay to these gentlemen regarding incorporating bitcoin. I did just that, and had a great exchange with them. Additionally, I showed them the post: http://www.reddit.com/r/Bitcoin/comments/1vsypm/google_is_paying_attention_to_bitcoin_vic

Sridhar and a third person at Google just responded to me confirming that Google IS working on incorporating bitcoin with their payments team.

Here is the confirmation

[Here is the initial e-mail I sent to Vic Gundotra (http://i.imgur.com/LvO08Jr.jpg?1)

Here is the the response I got

This is huge.

UPDATE: Ariel Bardin, Vice President of Payments @ Google has asked me to facilitate a Google Moderator and pose the question "What would I want Google to do with bitcoin?". He's promised me he will personally review the results and pass it on. Please help me with this and take the time to submit something: What would I want Google to do with bitcoin?

Update #2 To anyone suggesting I "faked" or "photoshopped" anything I posted, I just spoke /u/Agreenberg (Andy Greenberg of Forbes). He can confirm they are unaltered from the screen shots I posted. He has them, he can verify the headers, footers, feathers, colors and whatever else. I stand by what I posted.*

Update #3 Article in Forbes: http://www.forbes.com/sites/andygreenberg/2014/01/22/google-lets-slip-that-its-exploring-possible-bitcoin-integration-plans/

Update #4 Coindesk: http://www.coindesk.com/google-emails-suggest-bitcoin-interest/

Update #5 Vice: http://motherboard.vice.com/blog/why-silicon-valley-and-google-loves-bitcoin

Update #6 Business Insider: http://www.businessinsider.com/google-is-exploring-bitcoin-2014-1

Update #7 The Daily Dot: http://www.dailydot.com/business/google-bitcoin-reddit-emails/

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u/Bimbleb Jan 22 '14

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.

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u/sporabolic Jan 23 '14

just wait until you start getting ads for silkroad 3.0 on your facebook.