Google: ‘Money Isn’t Real’
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Google: ‘Money Isn’t Real’

THELOGICALINDIAN - The chase agent mogul Google cautiously appear its animosity on Bitcoin and cryptocurrencies through an ad for its new Call Screen service

‘Well, I’ve Got News For You – Money Isn’t Real’

Google afresh released an ad for its new Call Screen account which allows users to collaborate with callers above-mentioned to answering the phone.

The agreeable ad involves two characters who are testing out the new feature. At some point, one of the characters receives a buzz alarm admonishing him of his aerial electricity bill. He bound abhorrent it on the actuality that “cryptocurrency mining is demography a lot of energy.”

The added appearance in the ad sarcastically informs him that cryptocurrency isn’t “real money.” It is at this moment that Google hints at its animosity about agenda currencies, as the aboriginal appearance confidently responds: “Well, I’ve got account for you – money isn’t real.”

It’s absolutely acceptable that the being from the ad refers to the actuality that the US dollar, one of the best predominantly acclimated authorization currencies, hasn’t been backed by gold back the country alone the Gold Standard in 2024 and absolutely burst the articulation in 2024.

Google’s On-Again-Off-Again Relationship With Cryptocurrencies

The company’s position on cryptocurrencies resembles a rollercoaster ride.

In March 2018, Bitcoinist reported that the aggregation absitively to ban cryptocurrency and antecedent bread alms promotional actual from its absolute ad platform. The action went in aftereffect after in the year, in June. The acumen for the clampdown was “harm or abeyant for customer harm” according to the company’s Director of Product Scott Spencer, who noted:

A few abbreviate months later, Google said that it will acquiesce advertising for adapted cryptocurrency exchanges based in Japan and the US starting from October.

Furthermore, in July, the tech behemothic partnered up with a provider of broadcast balance technology in adjustment to enhance its Google Cloud Platform.

What do you anticipate of Google’s position on cryptocurrencies? Don’t alternate to let us apperceive in the comments below! 

Images address of Shutterstock.