“Well, I’ve Got News for You – Money Isn’t Real”
Google recently released an ad for its new Call Screen Service which allows users to interact with the callers prior to answering the phone.
The ad involves two characters testing the feature. At some point of time one of the characters receives a phone warning regarding high electricity bill. He quickly blames it on the consumption of Cryptocurrency mining, which they consider a fact, “Cryptocurrency mining is taking a lot of energy.”
The other characters sarcastically informs him that the cryptocurrency isn’t real money. Now that’s not supposed to be a statement, its a question. Are we still talking about money here? Is cryptocurrency really the topic of discussion here?
Well, targeting Cryptocurrencies is the the the only way can google make its perception on money visible ?
It’s quite likely that the person in the ad refers to the fact that US dollar, one of the most predominantly used fiat currencies, hasn’t been backed by Gold since the time of President Nixon. The standard of Gold has been abandoned by the US dollar since 1933 due to the Funding of Vietnam War and completely severed the link since 1971.
The Floating US dollar is the only thing that justifies that the Money isn’t real.
Google’s On-Again-Off-Again Relationship with Cryptocurrencies
The company’s position on Cryptocurrencies signify a tipsy-turvy ride.
In March, The company decided to put bans on any Cryptocurrency and initial Coin Offering Ads. The policy went in effect later in the same year, in June. The reason for the rejection of the Cryptocurrencies seems reasonable on the grounds of Potential Consumer harm, according to the Company’s Director of Product Scott Spencer, who noted:
“We don’t have a crystal ball to know where the future is going to go with cryptocurrencies, but we’ve seen enough consumer harm or potential for consumer harm that it’s an area that we want to approach with extreme caution.”
A few months later, Google allowed the ads for the regulated cryptocurrency exchanges in Japan and teh US starting from October.
The fact mentioned above typically signify that the ads weren’t talking about Cryptocurrencies not being real.
Furthermore, in July, the Tech Giant partnered up with a provider of Distributed ledger Technology in order to enhance Google Cloud platform.
What does google really want for the Cryptocurrencies? Do let us know in the Comments below.
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